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Ever did that??
😂😂
#Meme #MondayMotivation
Anybody get to play golf for work?
401k Roth or traditional 401k?
If you have cash that you want to invest. Please consider Treasury Series I Savings Bond (Electronic). Interest is 7.12% right now. While it's not guaranteed that the 7.12% will remain until next year, it's still a good deal.
My SO and I just invested 20k (10k max per person even married).
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
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Chief
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Rising Star
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What I meant to say is you don’t do anything and hope that no medical emergency happens . But if it does, you’re still covered thanks to retroactive Cobra. So if I were you I’d just sit tight and do nothing
Chief
Agree with Corp VP. I'm not sure when your last day will be, but normally, your current coverage lasts through the current month, so your lack of coverage may be shorter than you think.
No , actually that’s not the case . My previous 2 employers terminated medical coverage the day I quit. But others allowed coverage till the end of the month. OP, Might be worth checking with your current company to be absolutely sure.
Rising Star
Cobra, ACA, or YOLO!
There is short term health insurance, but you’re probably better off going COBRA since the short term insurance has few consumer protections and the retroactive bit someone mentioned about COBRA is true
For ACA, you need to apply like 4 to 6 weeks in advance of your insurance start date in a lot of states, so that ship may have sailed for your particular case
Third, fun option is get travel health insurance and disappear to a fun, cheap country for that month
Disclaimer: I’m just some guy, don’t sue me if this blows up in your face
. Technically you can use Cobra retroactively for 60 days. Which means that if you need some urgent medical care in that one month , you can invoke Cobra at that point and you will still be covered under your old company’s insurance, but you will have to pay up their contribution .
If you can’t get cobra, I’d self insure.
I’m even thinking about doing that - and I’m old. I have a small company, and will cost me about $20k/year in premiums and deductible next year before I get any real coverage. Yes just for me. The likelihood of me needing more than $20k in healthcare is pretty low- and cash pay is usually a lot lower. If I need something major, i could leave the US for treatment.