Where to find nanny health insurance?

[Anonymous]

Unfortunately, I don't know much about the health insurance market right now. I just found out our nanny lost her health insurance in December because her family's income changed and she lost eligibility. She missed the ACA enrollment deadline for her state already (ahh!). I want to get her set up with something ASAP.

Does anyone have suggestions about how to go about helping her to make that happen? We can split a premium with her. She is older (50s), but received a quote for $600/month. This seems high to me since she's not supporting dependents on the plan. Just one person, and no chronic conditions that I know of.

We already do taxes and payroll ourselves (we have for years) so I don't want to go through a service where I would have to add on a fee for that, unless for some reason they have access to affordable health insurance.

[Anonymous]

GTM Payroll Services offers health insurance. But you'd have to sign up for their payroll/tax service as well. May be worth a call to get a quote?

[Anonymous]

Anonymous wrote:GTM Payroll Services offers health insurance. But you'd have to sign up for their payroll/tax service as well. May be worth a call to get a quote?

Yes, agree. Maybe if I get some other quotes from somewhere so I have a point of comparison.

For a second question, does anyone have suggestions about what to look for in a quote? I checked out ehealthinsurance.com, but I don't know what makes something a decent plan. Are there any minimum things you would need to have?

[Anonymous]

Look at the SHOP exchange (it's healthcare.gov for small businesses). Since you set it up as the employer, you can do it at any time. You can preview rates for her state.

Also try ehealthinsurance.

How old is she? Unfortunately, $600/mo is not that unusual for one person.

[Anonymous]

Anonymous wrote:

Anonymous wrote:GTM Payroll Services offers health insurance. But you'd have to sign up for their payroll/tax service as well. May be worth a call to get a quote?

Yes, agree. Maybe if I get some other quotes from somewhere so I have a point of comparison.

For a second question, does anyone have suggestions about what to look for in a quote? I checked out ehealthinsurance.com, but I don't know what makes something a decent plan. Are there any minimum things you would need to have?

Is this OP? You need to talk to her about her needs. If it is important for her that her doctors be on the plan, or if she has certain medications she needs covered ... Then there's the question of deductibles, copays, and out-of-pocket maximums.

If you really don't know much about insurance, I think you need to let her do this so that you don't inadvertently choose a plan she can't use. There are insurance brokers who can help.

[Anonymous]

Anonymous wrote:Look at the SHOP exchange (it's healthcare.gov for small businesses). Since you set it up as the employer, you can do it at any time. You can preview rates for her state.

Also try ehealthinsurance.

How old is she? Unfortunately, $600/mo is not that unusual for one person.

Thank you! This is a good suggestion!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:GTM Payroll Services offers health insurance. But you'd have to sign up for their payroll/tax service as well. May be worth a call to get a quote?

Yes, agree. Maybe if I get some other quotes from somewhere so I have a point of comparison.

For a second question, does anyone have suggestions about what to look for in a quote? I checked out ehealthinsurance.com, but I don't know what makes something a decent plan. Are there any minimum things you would need to have?

Is this OP? You need to talk to her about her needs. If it is important for her that her doctors be on the plan, or if she has certain medications she needs covered ... Then there's the question of deductibles, copays, and out-of-pocket maximums.

If you really don't know much about insurance, I think you need to let her do this so that you don't inadvertently choose a plan she can't use. There are insurance brokers who can help.

This is OP. This is a good suggestion, but I also just want her to be insured, even with anything! She seems like she would have let it go on indefinitely, since she did not even pursue open enrollment for ACA. (It was an accident that it came up in conversation.) I would hate for something to happen to her (while on the job or not) when the costs associated can be catastrophic.

Hopefully I can do employer's insurance but also take some of her needs into account.

[Anonymous]

You also need to get worker's comp. If she is hurt on the job, her insurance may not pay, and even if it does, it won't cover anything like lost wages.

I spend a fortune on worker's comp because I am in Georgia now and can only by it through the state, but it is worth it if something awful were to happen, like she fell down the stairs, or was in a car accident, or otherwise was laid up for a long time. An injury like that could bankrupt both of us quickly.

[Anonymous]

My employer covers my health insurance by reimbursement. I showed proof of my policy at the start of employment and they reimburse the cost each month. Several nannies I know have the same setup, so I believe its a common arrangement. Just let her know the dollar amount you are able to contribute and she can find a plan that meets her needs.

[Anonymous]

healthcare.gov is the marketplace that she can shop for health insurance.

As the employer, starting Jan 2017, president signed a law that exempts the premium that household employer subsidizes the employee's health insurance premium. For example, if you pay her $500 a week (and get taxed on the full amount), you can now choose to pay her $400 a week and write a check for $100 to her insurance company. Now you both get taxed only on the $400 amount... and the $100 for health insurance is exempt.

So it's a win win for both employer & employee.
http://info.homeworksolutions.com/blog/nanny-health-care-benefits-change-again

Hopefully this helps!

[Anonymous]

use healthcare.gov and put in her income information, she might be eligible for tax credit for her premium based on income