Wednesday, November 05, 2008

Oh, we LIKE him…

So, one of the things we’re scrambling to get is health insurance. We tried to get individual family coverage and were turned down flat, five of the six of us. Only Eldest is deemed an acceptable risk to the major insurers here in California – the rest of us decrepit disabilities-waiting-to-happen had seen the doctor for something and/or been diagnosed with something and/or been given a ‘red flag’ prescription.

Obviously, Just Doing Without is O-U-T for us…so I started digging around. There’s got to be some association or other through which I can get my family insured, right?

Turned out, I can do it through our Enterprises. Since we are a partnership, a real, official, we have documentation to prove it partnership with two or more employees, we can do group insurance.

In addition to the fifteen thousand pages of paperwork, all we need to do is provide copies of our Official Documents:

The partnership agreement. (No problem.)

The business licenses. (No problem.)

Last year’s K1 filing. (Um…not applicable…?)

Oh, right. OK, then cleared checks from the business account payable to the owners as proof that we are taking a real, regular draw from the business… (…oh…uh, well, see, the business is what you might call a fledgling, soooooo, that whole ‘draw’ thing? Not really going down right now…)

Our cash flow is actually really, really poor right now. Really poor. Poorer than poor.

Nonexistent, is probably the word I’m looking for here. We have covered November’s usual and customary needs (whew!), but December is still a bit on the “iffy” side, OK? Each new expense is causing tears of anguish to start up over here. Not to mention ranting, raving and other assorted Angry Noises.

But at the same time, in order to have our health insurance start on January 1, we need to have regular checks being drawn by the principals (that would be the husband and I) by November 15.

Unless those checks are, like, $300 apiece (the draw is supposed to prove that the business is really supporting us because it is our full time job, which makes a monthly draw of $600 for the family a little on the unrealistic side), we’re in trouble. Invoices just went out Saturday, and with a net 30 term on them…gah

Today, my husband went to a client site for a lengthy meeting. He mentioned that his wife was making herself a frickin’ nutcase with the worrying about the draw we couldn’t start taking what we were facing with the health insurance thing and the “been in business three months” and “must show proof of draw” thing…and he came home with a check for the invoice they haven’t even received yet.

I tell you what: This client just earned himself a very high spot on our gets downright eager customer service list.

I can’t wait to go to the bank tomorrow…eeeeeeee…


Lydee said...

whew! I'll bet that's a relief!

Michelle F said...

Yipee! I bet they get extraordinary super service from you both from now on!

Anonymous said...

That rocks! What a load off your shoulders!

Kate said...

wow - that's great! I'm pleased to see there are people like that still around.

Science PhD Mom said...

Whew! Glad that client came through for you!! I hope your draws become regular & fat, with lots of business!

Anonymous said...

Love having my faith in humanity restored with tales such as this one - thanks for sharing!

Anonymous said...

A Good Man. They are out there. They're just quiet and nobody talks about them. So, thanks.

Judy said...

Congrats, Tama. Hang in there, they will start coming. I speak from experience as Hubbo and I have a business. It may take longer than you like but it will be all worth it in the end. You will end up making more than when you both worked outside the home. Just hang in there for the good times ahead. It. Is. Worth. It!

Anonymous said...

Awesome! :o)

Yarnhog said...

Try the National Association for the Self Employed (NASE). They have a group plan that's not bad. It's a PPO, and my current HMO satisfies our needs better, but it's the best option I've seen, and at the end of the year, they do some tax voodoo that allows you to (legally) get back almost half the premiums as a tax refund.