Health insurance for nanny

[Anonymous]

How much does basic health insurance for a nanny cost? I know that the affordable care act offers cheap insurance options to low income families. Are nannies low income? And what’s the basic cost? Thanks!

[Anonymous]

Just offer a stipend.

Nannies are low income if you pay them a low annual salary.

My employers offer a 40% stipend

[Anonymous]

So it covers 40% of your insurance premium? How much is that? I’m just try to cost this out so before I offer 40% I need to know what that is in USD.thanks!

[Anonymous]

It depends on the plan she picks. My premium is $500 a month for a basic plan.

[Anonymous]

No one can answer that question for you, OP, unless you know the exact amount of her income annually and how much of a stipend, if any, she will receive. There are also different plans of coverage.

[Anonymous]

I realize there are differences in plans. I’m just looking for ballpark- I imagine most nannies are not on expensive plans

[Anonymous]

Huge variation based on age. In TX it starts around $300 a month for someone in their early 30s... (decent plan closer to $4-500), but heard a coworker say it is $1200 for someone in their 60s. Anyone can get a plan on Obamacare, just a matter of what’s available on your state’s exchange and whether there is a subsidy for that person based on income.

[Anonymous]

Anonymous wrote:Huge variation based on age. In TX it starts around $300 a month for someone in their early 30s... (decent plan closer to $4-500), but heard a coworker say it is $1200 for someone in their 60s. Anyone can get a plan on Obamacare, just a matter of what’s available on your state’s exchange and whether there is a subsidy for that person based on income.

+1. You can go on the exchange and mess around to find out. You can also see if SHOP plans are offered in your area, which are small business plans. My experience is that it's better insurance at all levels, so while a Gold policy might be more pricey than a Gold policy on the individual exchange, the Silver SHOP plan might be better than the Gold on the individual market.

I suggest figuring out a $$ that you can contribute monthly, and stick to that. For tax-free contributions, unless you do SHOP, the maximum you can offer this year is $420.83/mo for a single employee, $854.16 for family coverage. Reimbursement above this amount would be taxable.

[Anonymous]

Anonymous wrote:I realize there are differences in plans. I’m just looking for ballpark- I imagine most nannies are not on expensive plans

Why would you "imagine" that most nannies are not on more comprehensive healthcare plans?

[Anonymous]

Anonymous wrote:Why would you "imagine" that most nannies are not on more comprehensive healthcare plans?

I don’t think that’s an uncommon assumption, unfortunately. That’s why you see all these posts by nannies who get offered laughably low wages or just a shitty deal in general, and then the parents being shocked that their applicant didn’t jump at their “awesome” offer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I realize there are differences in plans. I’m just looking for ballpark- I imagine most nannies are not on expensive plans

Why would you "imagine" that most nannies are not on more comprehensive healthcare plans?

Are you stupid? Or a troll?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why would you "imagine" that most nannies are not on more comprehensive healthcare plans?

I don’t think that’s an uncommon assumption, unfortunately. That’s why you see all these posts by nannies who get offered laughably low wages or just a shitty deal in general, and then the parents being shocked that their applicant didn’t jump at their “awesome” offer.

Says a greedy nanny. Seriously, if you want to make 60k a year, maybe get some qualifications

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I realize there are differences in plans. I’m just looking for ballpark- I imagine most nannies are not on expensive plans

Why would you "imagine" that most nannies are not on more comprehensive healthcare plans?

Are you stupid? Or a troll?

Neither, PP. Simply a nanny with an expensive and comprehensive healthcare plan.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why would you "imagine" that most nannies are not on more comprehensive healthcare plans?

I don’t think that’s an uncommon assumption, unfortunately. That’s why you see all these posts by nannies who get offered laughably low wages or just a shitty deal in general, and then the parents being shocked that their applicant didn’t jump at their “awesome” offer.

Says a greedy nanny. Seriously, if you want to make 60k a year, maybe get some qualifications

NP here. I am a nanny with "qualifications" and earn well over 60K a year. So do most of the nannies I work with. I agree with this PP and don't see where she is being "greedy".

[Anonymous]

Most families who offer to pay all or part state a specific amount, not a percentage. So if you're willing to pay $150/month, state that. Or if you're willing to pay up to 75%, but no more than $350, state that. Whatever you pick, it's better than nothing.