Many nurses who travel often struggle to find the appropriate insurance. Their profession makes it challenging for nurses to select an appropriate travel plan, often having multiple options and spending a lot of time away from the office. My Private Health Insurance offers individual health insurance for travel nurses that meet your requirements – accessible and affordable for individuals, families, and companies of all sizes.
Employers sometimes provide health insurance plans to employees, but these may not always meet all their needs. Many plans are expensive or don’t cover nurses. Traveling nurses especially face a unique challenge in that they must sign up for new coverage each time they move. With private coverage you have permanent coverage throughout the year instead of having to rely on employer provided coverage every time you relocate.
No matter where a nurse is assigned, the best insurance plan will protect them. Travel nurses typically opt for a nationwide PPO network such as United Health Care PPO Network or Cigna PPO Network, which offer major brands like these.
Nurses traveling abroad have many choices when it comes to health insurance. Knowing what you need and the available options can help narrow down the possibilities. Here are some things to consider when searching for travel insurance:
What health insurance for travel nurses options are available for nurses who travel?
- You have the freedom to decide if you will remain with the travel nurse’s insurance plan or not.
- If you feel the need for something different, you may want to explore the following health insurance options.
Agency-provided health insurance
The RN Network, a Boca Raton-based travel nurse agency, offers health insurance to nurses. While this may seem like an easy solution, there are some potential drawbacks to sticking with the plan.
Let us examine the advantages and drawbacks of agency-provided health insurance.
Pros
- By opting for an agency-based health insurance plan, you can save yourself time and stress searching for a plan. Most agencies provide similar standard coverage across different providers.
- Due to the fact that most recruiters cover part of your insurance costs, an agency plan may be more cost-effective than private coverage.
- If you are part of an agency plan, you might not need to pay extra for these benefits.
Private Health Insurance
Private health insurance offers more flexibility and independence than agency coverage, filling in any gaps that may exist in the agency’s healthcare plan. Nurses are responsible for covering any travel-related medical needs for this individual. There are pros and cons to consider:
Pros
- Private insurance offers peace of mind, as it covers you throughout the year without any gaps.
- No longer do you need to worry if taking on new jobs will affect your benefits; rather, you are free to travel wherever work takes you!
- Some agencies may provide you with extra compensation if your insurance is purchased through them. This could come in the form of an allowance.
- Private health insurance provides protection regardless of the assignment you take on with agencies. This means you can sign up for work with peace of mind knowing your health is taken care of.
- Private insurance provides you with the freedom to select the plan that best meets your individual requirements, especially if you have a medical condition.
- Private plans give you more control over your benefits and the amount paid each month for premiums.
Short Term Health Insurance Plans
Are you in the market for temporary health coverage? Consider adding short term health insurance to your policy.
Nurses who travel may want to consider a short-term insurance plan as an affordable alternative. While these policies are less comprehensive than individual coverage, they do provide less comprehensive protection.
Nurses currently employed as nurses often opt for short-term health insurance plans. Switching agencies becomes necessary when employees cannot afford their premiums.
These plans may not be as reliable as individual ones and could deny coverage for preexisting conditions. You could also be unable to receive certain services such as dental care.
Tips to Selecting the Ideal Coverage
What employee benefits are best for you? Choosing the right coverage for you is a personal and complex decision. No one size fits all; each travel nurse must determine what works best for them based on their individual situation, including dependents, medical needs, lifestyle choices and more. Take some time to assess your circumstances before making a decision regarding standard coverage.
Consider Your Medical Needs. While an HSA may offer tax benefits, is it the right fit for you and your family’s medical requirements? Before selecting a plan, take time to assess both your own and dependent’s healthcare requirements.
Assess Your Tolerance for Risk. Everyone has a different tolerance for risk; while an avid hiker who has never been injured might have some anxiety about what would happen if something were to go wrong. You have the option to purchase insurance if this is an issue for you. Take into account any financial repercussions from lifestyle decisions before determining how confident and at risk you feel in taking on new ones.
Get in touch with your TNAA team about your options. Our goal is for you to be able to focus on your job. Your recruiter and benefits specialist make a great team; your recruiter can give you insight into local experiences for travelers, while the benefits specialist will explain all aspects of coverage available to you.
