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Two former Humana Inc. executives have launched a new company, Arrow Health, aimed at allowing more small businesses to offer health benefits, Becker’s Payer Issues reports. Waleed Bahouth is co-founder and CEO at Arrow and previously led Humana's transformation management office and was director of strategy and growth. Arrow co-founder Erik Anderson was Humana's director of benefits. The new company is targeting businesses with less than 50 employees through a fixed-budget plan, which provides employees with an allowance to purchase benefits administered by Arrow.