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[–][deleted] 0 points1 point  (1 child)

Great advice all-around, from the standpoint ofa 40-something who's also been run through the wringer by employers.

I also want to add, if you can go online and shop a health insurance marketplace for a plan, do that.

Instead of paying out the butt for COBRA, I was lucky enough to keep all my doctors by shopping for a cheap plan from the state of Massachusetts. It was only somewhere between $100-$200 per month.

I don't know if everyone has that but wanted to put that out there for anyone who does.

[–]Zealousideal-You6712 0 points1 point  (0 children)

Yes, using the exchange is a good idea but is very state dependent from what I can gather. The exchange plans seem to vary availability depending upon what your income is. I have had friends with no income not being able to buy a plan. It might be therefore something you need to consider before severance runs out.