Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Life Insurance Strategies

Kids' Health Care System Touts Kids' Benefits

Your article was successfully shared with the contacts you provided.

Nemours, a company that provides medical care for children, says its new universal health benefit program for employees’ children cost $180 per child per month during the first full year of operation.

Nemours, Jacksonville, Fla., owns and operates the Alfred I. duPont Hospital for Children in Wilmington, Del., and major children’s specialty centers in Delaware, Florida, New Jersey and Pennsylvania.

In 2005, Nemours started providing free comprehensive health coverage for all children ages 0 to 18 of all eligible full-time employees.

Children who use in-network providers get care with no deductibles, co-payments or prescription costs.

The total cost of the program for 2005 was about $6.4 million for the 3,364 children enrolled, according to Nemours.

The program accounted for about 24% of Nemours’ total employee health benefit costs.

Nemours has 4,285 employees.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.