|
|
PrattTribune - Pratt, KS
  • Biz Bits: Overlooking insurance during job search could cost you

    • email print
      Comment
  • Tip of the Week
    Earning a higher salary is the primary goal for most job seekers, but research from the National Association of Insurance Commissioners (NAIC) shows that many job seekers ignore the wider benefits package, not realizing that insurance benefits alone can have a great effect on the overall financial situation.
    If you are exploring new opportunities in the job market, make sure you remember these insurance-smart things to do.
    * Find out if your new employer has a mandatory waiting period before health insurance coverage takes effect. If so, consider a short-term plan to cover the gap.
    * Conduct a line-by-line comparison of your current health plan with plans offered by your new employer to determine the right blend of deductibles, co-pays and coinsurance for your needs.
    * If you have children and your health insurance coverage is at risk of lapsing, look into government-sponsored programs, such as Children’s Health Insurance Plans (CHIP). These plans may provide coverage at little or no cost to you.
    * See if your current group life insurance plan has a conversion privilege. You may have 31 days from the day you leave your employer to submit an application.
    — Brandpoint
    BBB Watch
    Companies touting relief from student loan repayment are targeting new graduates, promising aid in easing monthly payments. While not illegal, such services are not needed by most people. The debt management process can usually be handled on your own. Those looking to modify repayment terms are advised to first look into information available for free through the Department of Education.
    — Better Business Bureau
    The List
    With a net worth of $154.8 billion, the Walton family (Wal-Mart) could buy the following number of houses in these cities:
    1. Seattle, Washington: 241,450 homes
    2. Dallas, Texas: 330,028 homes
    3. Washington, D.C.: 209,092 homes
    4. Miami, Florida: 409,488 homes
    5. Portland, Oregon: 289,133 homes
    6. Baltimore, Maryland: 597,437 homes
    7. Austin, Texas: 279,912 homes
    8. Las Vegas, Nevada: 462,751 homes
    9. San Antonio, Texas: 506,094 homes
    10. Atlanta, Georgia: 286,629 homes
    (Wealth was pulled from the Forbes list on May 15, 2014. Home value in each city determined by all MLS sales between April 1, 2013 and April 1, 2014. Only single-family homes, condos and townhomes were included. In Texas, home prices were estimated by looking at the list price of homes rather than sale prices.)
    — Forbes.com
    Number to Know
    10 percent: Insurance benefits can account for nearly 10 percent of the total compensation package for many jobs, according to research from the Bureau of Labor Statistics
    — Brandpoint
    Tech Talk
    Tesla Motors CEO Elon Musk delivered on his promise to bring something “controversial” to Tesla, regarding its patents, making them available to anyone “for the advancement of electric vehicle technology.”.
    Page 2 of 2 - “Tesla Motors was created to accelerate the advent of sustainable transport,” Musk said in a blog post, discussing the move. “If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal. Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.”
    — TheStreet.com
    More Content Now

        calendar