Everything in your household revolves around your household help. Be it your maid, your cook or your driver! Your schedule starts crumbling if one of them takes a day off. It’s a nightmare!
What worsens the nightmare is if your help falls sick or meets with an accident. Besides your household coming to a halt somehow you feel responsible for their well being. They ask for more-than-chump-change financial help. You are unsure. You can’t say no - you don’t want to say yes.
You are obligated to pay as they have been serving you for years and have become kind of a part of your family. Compassion kills basic logic, fear of losing their services again kills the leftover logic and you dole out the cash.
All of us have been in the same spot sometime or the other, but it doesn’t have to be that way.
There’s something which is smarter, efficient, cheaper and it helps your household help too.
Buy them low cost health insurance. Getting cheap health insurance is a solution so straightforward, it's surprising why many of us don't opt for it. A thousand bucks now, saves many thousands to come and all the related stress and guilt. So let's run through this quickly - how to save a ton of money and be the best employer at the same time. Sounds good, eh?
Why should you get your help a health insurance plan?
Basic research will tell you that there are lots of health insurance schemes for the less privileged. What’s the problem? You don’t know how to go about it? Too much paperwork or just a process which makes doling out huge cash look a lot less painful.
The good news is that you don’t need these well-meaning but complicated schemes. Just buy a low-cost health insurance plan online for you maids /drivers. Buy a regular plan. Like you would buy for yourself.
All you need to do is buy a plan with a sum insured or cover for Rs. 1,00,000 or Rs. 50,000 and pay a small premium. A cover of Rs. 50,000 to Rs.1,00,000 is a good amount in a crisis. They turn to basic and cheaper healthcare services – not premium hospitals and an amount like that could be a life saver. And in a way you you have contributed close to a lac in times of a medical emergency. That's not bad, right?
How much will you shell out for this low cost health insurance?
Short answer - Not much at all. It’s a cost of a movie night with kids. Even cheaper in some cases. Here is an indicative list of what it might cost you.
You can go online, fill in their details and buy them a regular health insurance plan. It's hassle free. It'll take you 10 minutes you'll be far better off in a crisis.
Above all, this is a small gesture of gratitude. After all, you are taking care of people who keep your life in order. Fair, I think!