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[quote=Anonymous][quote=Anonymous]"There is no pool unfortunately, we nannies do have to pay the exorbitant prices of individual plans. "

But that doesn't change just because your MB buys the plan for you. Unlike with most companies, there is no more affordable plan you can tap into if your employer buys it instead of you. That's what makes it 6 of one, 1/2 dozen of the other in terms of whether MB offers insurance or simply a higher hourly rate.[/quote]

Actually it isn't quite as simple as "6 of one, 1/2 dozen of the other" because a health insurance benefit comes at just the straight value cost to the employer, and as a non-taxable benefit to the employee.  If the annual health insurance benefit is $2,000 (just for instance) - it costs the employers 2k and results in a 2k direct benefit to the employee.  If done as a raise the employer pays taxes on that amount above the face value, and the employee pays taxes as well so takes home less than 2k net.  So while there can be value in having raises (increases SS benefits over time for instance) it is a more cost-effective benefit for the employer to provide.

There is no good reason for employers to "buy the plan" for a nanny.  The nanny is entitled to all the HIPAA protections we all are, so her personal medical information should be private (and it's necessary to provide quite personal info when applying for insurance).  Also, the nanny should be able to take the coverage with him/her when changing positions - so it shouldn't be tied to an employer.  And health insurance costs can vary widely based on pre-existing conditions, age, health status, provider preferences, etc... so it is in the employer's interest to set an amount they will offer, rather than a whole plan.  [/quote]

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