Nannies' Health Insurance
You spend your time caring for precious lives, yet you have neglected to cater to yours. If you’re a nanny without insurance, there are options out there for you. Or if you are looking for a nanny or already hired one, you may want to offer health benefits to your kids' valuable care provider.
Short-term Health Care
If you are looking to hire a nanny for a short amount of time, a couple of months or so, short term health care may seem plausible. With short-term health options, nannies are able to renew the policy each year, but must remain in good health. The premium for this option is also much cheaper than permanent health care plans (usually less than half of permanent insurance).
Sixty percent of families with nannies purchase the short term health care plan because it is the most cost effective and still offers coverage for any major disasters.
Permanent Health Plans
If the nanny will be around for some years, this is the option to go with. This offers better protection for the nanny because even if an illness or other health condition forms, the nanny will still be covered (unlike coverage through the short-term option).
Nanny Health Insurance
This offers nannies the following services:
Short-term and long-term health insurance
Short-term and long-term disability insurance
IRA or Retirement plans
Individual Health Insurance
This is always an alternative when an employer doesn’t offer health insurance. This option covers for you for a year or longer and offers benefits such as:
HMO and PPO plans are available for immediate coverage of the above services. Plans are also available with the healthcare provider of your choice. This is a great option if you are a nanny that moves around a lot, so you'll have coverage that travels with you. You also have the choice of deductibles and coinsurance options to help keep control of premium costs.