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Montage Health, Salinas Valley Health, Unveil Ways to Help Educators with Medical Costs
Foundation: Community Foundation for Monterey County
"Every day, we count our teachers to take care of our children."
That's the message from the CEO of Monterey County, Calif.-based Montage Health, which last week announced it would be providing $5 million to help public school teachers who are struggling with rising health care costs, the Monterey Herald reports.
According to a press release, full-time teachers in the county can expect to pay as much as $1,000 more per year for insurance than they did last year, while part-time teachers can expect to pay as little as $500 more per year.
"It's our responsibility to take care of our teachers," Dr. Allen Allen says in the press release.
"It's also our responsibility to help our children and the future of our children."
The $5 million will come from Montage's own pocket, as well as donations from local governments and other sources.
The release states teachers can use their current insurance cards to apply for the funds, which will be available to any teacher working in public, private, or K-12 schools in the county.
A spokesperson for Montage says there are caps on how much teachers can pay for insurance, but "there are caps on the amount of funds a teacher can get for full-time teachers and $500 for part
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.