Address the largest uncovered financial risk for working parents
Leading employers offer health, life, and disability insurance, but long-term financial support for parents when a child becomes severely ill or disabled has been missing.
This gap in protection often upends family finances and careers. It also impacts the bottom line in lost productivity, turnover, absenteeism, and more.
Give parents the option to choose their children and their careers
Juno child disability insurance is a first-of-its-kind insurance benefit that provides life-changing financial protection if a child develops a severe illness or disability
Up to $500,000 in cash
Monthly cash payments for up to 10 years, up to a maximum of $500,000 per child, give parents a much-needed financial safety net
Personalized one-on-one support
Parents receiving long-term benefits get support from an experienced navigator to help plan for today and the future
Coverage for all kids of all ages
Current and future children of employees can be covered from birth until age 26, including adopted, foster, and step children
Make a difference on an issue with far-reaching impact
2 million
children in the U.S. have a serious disability or are critically ill
53 hours
average time per week spent by parents caring for a child with a rare disease
73%
of primary caregivers quit or reduce hours when a child becomes severely disabled
$1+ million
average lifetime cost of caring for a child with a severe illness or disability
54%
of these parents in these circumstances live under significant financial strain
70%
higher chance of divorce within the first five years of a child’s diagnosis
Address a major inequality for working moms
Nearly 90% of primary caregivers for children with a severe illness or disability are moms. The impact on their mental well-being, financial health, and career progression is profound.
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Moms of children with cancer disproportionately lose their careers and often never financially recover1
Moms with a disabled child are half as likely to become a top executive as other moms2
1 Adhvaryu, A., Daysal, N. M., Gunnsteinsson, S., Molina, T., and Steingrimsdottir, H. (2023). Child health, parental well-being, and the social safety net. NBER Working Paper No. 31277
2 Gunnsteinsson, S., & Steingrimsdottir, H. (2019). The Long-term Impact of Children's Disabilities on Families. Department of Economics. Copenhagen Business School. Working Paper / Department of Economics. Copenhagen Business School Vol. 6-2019
2 Gunnsteinsson, S., & Steingrimsdottir, H. (2019). The Long-term Impact of Children's Disabilities on Families. Department of Economics. Copenhagen Business School. Working Paper / Department of Economics. Copenhagen Business School Vol. 6-2019
Elle's story
An HR executive and mom of a child with a severe disability shares her story and explains why Juno matters today.
Parents are having kids later in life, increasing the prevalence of serious disability in children
70% of moms with kids under 5 work full-time—a significant increase from just a decade ago
Nearly half of families now rely on mom’s income, putting more employees at risk of financial disruption
In a dual income household, moms are much more likely to reduce hours or leave work if a child becomes severely ill, injured, or disabled
Women are increasing in leadership roles, amplifying the impact on their employers if they are absent or unsupported
Employees, particularly millennials, are seeking out companies that prioritize gender equity and support for women and families
Flexibility to choose what matters most
Juno provides cash directly to parents, which can be used for anything they need, whether to address medical costs not covered by health insurance, pay for specialized caregiving, buy adaptive equipment, or make home modifications.
By relieving financial pressure, Juno gives parents greater choice and flexibility: to take a break to care for their child, or stay in the workforce and hire the support they need at home.
A powerful opportunity to lead
It's been decades since the last new core insurance benefit category. Differentiate with a new core benefit that can have a truly life-changing impact.
Cover the largest uninsured financial risk faced by every current and future parent
Provide the next step in family forming to support employees to and through parenthood
Help parents return to work following a child's severe illness, injury or disability
Support health and gender equity goals
Stand out with a unique benefit employees love
Fill an important gap in financial wellness and protection
Show empathy and make a difference in the moments that matter
Backed by the best
Our policies are backed by three of the world's most trusted reinsurers, led by AIG.
Want a little help explaining Juno to your team?
We’ve put together a selection of resources to help you share Juno with your team. From overview decks to data slides, we’re here to help!
Juno overview & business case
The what and why of Juno – great for socializing this new benefit with your colleagues
Juno product brochure
Detailed product information as you evaluate Juno for your organization
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Juno product brochure
Detailed product information as you evaluate Juno for your organization.
Market trends
Demographic and workplace trends that support the need for a new kind of financial protection for parents
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Market trends
Demographic and workplace trends that support the need to offer financial protection for parents.
Good to know
Here are a few important things to know about child disability insurance. If you still have questions or want to explore this for your organization, contact us at sales@junokids.com
What is Juno?
Juno is a first-of-its-kind child disability insurance that helps leading employers attract, retain, and financially protect employees throughout parenthood, especially mothers whose careers are most at risk. While Juno provides a safety net for all parents and can provide life-changing benefits, it also delivers an ROI for employers by creating new pathways for employees who are impacted by a severe child illness or disability.
What is the Juno benefit?
Benefits include cash payments plus personalized family support if a child up to age 26 becomes severely ill or disabled. Parents can use the cash for anything, such as caregiving support, or to leave the workforce with financial security to become a full-time caregiver.
Why do employers offer Juno?
Leading employers offer Juno to fill a gap in financial protection for a large part of their population and demonstrate care for their employees and their families. If you would like to hear a Total Rewards executive talking about the benefits of Juno, along with her personal story, please see this video.
What size organizations can offer Juno?
Juno supports employers with 200 or more employees. Companies below this threshold can get Juno through a PEO partner; if you are a part of a PEO or considering joining a PEO, ask your PEO about Juno today.
What does Juno do for employees without children?
Nearly half of all employees are parents, and more than 90% of employees want to or will be a parent by age 45. Juno protects employees from financial hardships due to a child’s severe illness or disability. This includes employees who might become parents in the future due to the birth, adoption, or fostering of a child or a marriage to a parent who already has children. Even for employees who may never have kids, the impact of a coworker’s child with a severe disability has a lasting effect on a team’s productivity and morale, and how a company helps employees in need reverberates across an organization.
Can I offer Juno as a voluntary benefit?
Yes. We have the flexibility to support a variety of funding and enrollment methods, including voluntary plans where the cost is passed to employees via payroll deductions.
We have a good medical plan. Why do we need Juno?
Juno complements medical insurance with tax-advantaged cash benefits your employees can use for anything they need if their child becomes severely ill or disabled. For example, they can use the benefit to replace lost wages from taking time off work, hire a caregiver, or pay for uncovered medical expenses. Some people decide to leave the workforce to become a full-time caregiver for their child, and benefits continue if they do. Juno helps give your employees the financial support and flexibility to choose what’s best for their family.
How is Juno different from critical illness, hospital, and accident policies?
Juno provides significantly larger, long-term cash benefits. It is also specifically designed to cover anything that causes severe disability or illness in children and young adults. In addition, Juno provides personalized family support alongside cash benefits.
Is Juno easy to implement?
Yes. Juno is similar to group Life and Long-term Disability. Employers can implement Juno any time of year. For voluntary programs, employees enroll annually through your core benefits system. We also provide a number of internal communication and marketing resources to make it easy to share this powerful new benefit with your employees.
Can my broker work with Juno?
Yes. Juno partners with leading brokers and consultants throughout the country.
How can I contact Juno with questions?
You can reach our sales team at sales@junokids.com. For billing inquiries, please call us at (833) 833-0609 or send a note to billing@junokids.com.