For those that get laid off, what do you do for health care? I don't think I'm at risk currently, but would like to plan for the possibility as it can happen out of the blue in our industry. I have some money set aside to pay bills, but my biggest worry is the cost of unsubsidized healthcare.

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There are times where if there’s a mass layoff, your company will cover benefits for X amount of time… though it’s not always the case…

COBRA is usually your best option for comprehensive coverage and continuity of care… though it can be expensive… then ACA or elect no coverage… but in my experience, as an advisor, during a layoff or sudden loss of job, medical expenses increase due to stress, anxiety, depression or the development of bad habits…

But before you get to the laid off point… if there’s something going on personally or professionally, that’s causing performance issues… I’d suggest considering taking a step back… use your resources and consider if going on FMLA/STD, if it’s medically defesable…

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I went without healthcare once I was out of coverage. I had about 30 days left when I was laid off on my healthcare plan and then I just didn’t have health insurance until I got a new job. You can try to buy healthcare from the market, but prices are skyrocketing in January.

We really love to screw people in this country don't we? healthcare is such a joke now

I used Cobra for a little bit and then had to get market place coverage until I found a new job. Cobra was expensive though so I wouldn't recommend it if you can help it.

My spouse is being laid off effective 12/31. We just received their paperwork and their company at least has the decency to pay COBRA for all of 2026. I know not many other companies do that, so there’s at least that.

That’s very nice of them. Cobra is pricey!

Apply for state assistance asap

Will they help even if I have assets?

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