Thursday, November 13, 2008

Keep your health insurance if you're unemployed

This article from the Dallas Morning News does a good job at stressing the importance of keeping health insurance while you're out of work.

One good idea that it mentions is that if you're still in the open enrollment period for picking your health-care plan--and--you expect layoffs could be coming, you can select a lower-cost health plan, which should lower your COBRA insurance payments should that be the best plan you can get if you are let-go.

Nevertheless, you should contact other health insurance companies to get a health insurance quote and to decide what is best for your family.

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