Planning The Unpredictable

LIVING with Multiple Sclerosis

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Hihi, I’m still around.

January 31st, 2009 · 1 Comment

First things first, I am on this weeks Carnival of MS Bloggers so head over and check it out!

And for a regular update…. work has been very busy. We are *so* close to shipping which means I am busy busy! We had layoffs last week which were pretty hard for me. It was a reduction of about 90 people worldwide, two from my cube row of 6 people. I am safe for the time being but round 2-3 are scary. I would have to purchase COBRA if I was laid off which I imagine is around 500/mo. We get 2K/mo in Washington state for unemployment. It would be tough to pay mortgage + insurance.

The house passed a bill this week to provide ‘discounts’ on COBRA for all laid off workers:

The stimulus package would provide newly unemployed workers a 65 percent subsidy to help pay their COBRA coverage for up to a year.

“Certainly, that would make it more affordable,” says Karen Davis, president of the Commonwealth Fund, though she points out employers now pick up 75 to 85 percent.

The House bill would also make COBRA benefits available to people over the age of 55 for up to 10 years, until they become eligible for Medicare.

Tags: Insurance

1 response so far ↓

  • 1 Nadja Tizer // Jan 31, 2009 at 4:15 pm

    I’m glad you kept your job. The prospect of being laid off and searching for insurance, paying a mortgage and bills is terrifying. I am hoping my family weathers the current financial storm.

    [Reply]

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