Nayar Health Care & Hospice will cover employee health premiums
Nayar Health Care & Hospice says it will absorb an 87% insurance renewal increase by paying 100% of medical, dental and vision premiums for full-time staff starting Nov. 1, 2026. The move affects more than 150 employees across Virginia and Florida and is the company’s largest financial investment in its 10-year history.
Why it matters: - Nayar Health Care & Hospice is shifting more than $1 million in new costs away from employees and onto the company. - Full-time staff across Virginia and Florida will pay $0 for medical, dental and vision coverage beginning Nov. 1, 2026. - The move is designed to help recruit and retain workers in home health and hospice as health-care costs continue to rise.
What happened: - Nayar Health Care & Hospice announced that it will pay 100% of medical, dental and vision insurance premiums for every full-time employee. - The benefit starts Nov. 1, 2026. - The company said the program affects more than 150 employees in Virginia and Florida. - President, CEO and Founder AK Nayar made the decision after the company’s insurance renewal came back 87% higher than the prior year.
The details: - The company says the premium-free coverage is a reinvestment of more than $1 million. - Full-time employees who do not need the company plan, including workers covered through a spouse, parent, Medicare or Medicaid, will receive $500 per month. - Those cash payments will be made in July 2027 and January 2028. - The new health benefit comes on top of existing retention and Christmas bonus programs, which will continue in 2027. - Nayar Health Care & Hospice opened in 2016 and provides home health and hospice care to seniors and their families. - The company has offices in Ashland, Bedford and Fredericksburg, Virginia, and in Titusville/Melbourne and St. Augustine, Florida.
Between the lines: - AK Nayar framed the decision as a response to employee strain from inflation and rising health-care costs. - The company’s benefit expansion follows earlier workforce moves, including a promise of no layoffs during the pandemic, a tripled Christmas bonus in 2025 and a retention bonus program rolled out in 2026. - Nayar also cast the policy as part of a broader culture message: employee care, not profit maximization, should drive company decisions.
What's next: - Nayar Health Care & Hospice said 2027 will be a turning point as the company expects more employee programs while it grows. - The company is hiring across its Virginia and Florida locations. - Job seekers can learn more at career opportunities and the company website.
The bottom line: - Nayar Health Care & Hospice is using a major benefit expansion to blunt a steep insurance increase and position itself as a stronger employer in a competitive care market.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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