>Tom,
>
>Not to burst your financial bubble, but, from someone who has very recent experience with that unemployed feeling, max unemployment is $920/month. I remember very clearly that great feeling of internal warmness one gets when depositing a check for $460 every 2 weeks.
>
>>Having enjoyed the many ups and downs of the economy since 1960, I can tell you a more realistic figure for unemployment is 25% above the stated number. This would include those who have been out of work for more than 6 months, who are not included in the so called unemployed figures. Many people in Silicon Valley are reporting it takes a year to find a new job.
>>
>>Our company just sent us some good news! If we are laid off the Cobra plan will allow us to "pay for our own insurance". It will cost about $900 for a family of four. That will allow about $60 a month remaining from unemployment insurance for all other expences. That sounds reasonable - if you are employed that is. I have a feeling that medical insurance is not on the priority list of the average unemployed person.
>>
>>Tom
Perry;
Thank you for the clarification. Now those of us who are laid off in the State of California can look forward to enjoying a Cobra Medical Insurance Plan for $900 and have $20 left for all other expenses. That should work.
Tom
Previous
Reply
View the map of this thread
View the map of this thread starting from this message only
View all messages of this thread
View all messages of this thread starting from this message only