Page 31 - Work At Home Moms Part 2
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WHAT ABOUT BENEFITS?
Unless you’ve decided to telecommute for your current employer, it’s very
likely this is a question that is keeping you up at night. Even when you
have your homework done and your business ready to go, the issue of
benefits can burn unanswered.
So, how can you fill in the gaps that will arise by leaving full-time
employment for an at home position of your making?
Fortunately, you do have some options. Most work at home moms can
cover their bases in regard to medical insurance, retirement and even
savings. Don’t let this particular obstacle serve as your stumbling block.
COVERING MEDICAL NEEDS
Medical, dental and vision coverage are generally among the biggest
concerns for career women who plan on moving into an at-home venture.
There are options available. What will work the best for you will depend
on your family’s unique situation. Some of options you might want to
explore include:
Putting The Family On Your Significant Other’s Insurance
If your partner has insurance through his place of employment,
your fix is fairly easy. You can have yourself and the children added
to his policy. Most companies will allow for mid-year changes like
this if a big event has occurred in a family. In the worst-case
scenario, you’ll have to wait until open enrollment.
Private Policy Options
It is possible to purchase private insurance to cover yourself and
your family. Keep in mind that many private buy policies won’t
cover pre-existing conditions, however. Some medical conditions, in
fact, will make it impossible to buy private policies for individuals.
Group options
This is a workaround for those with pre-existing conditions. It is
possible to put a home-based business in a group pool. The end
result will be a policy very much like a regular employer will offer.
This means coverage cannot be denied to someone with a medical
condition. The downside here is the fact the costs can run quite
high. Still, the option can be a good solution for those who need it.
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