Insurance.com spelled this out today in an article titled "Insurance smarts during a layoff: 3 must-do moves."
Among the advice:
- Ask for an extension of health care benefits. Ask for the employer to keep you covered for 3-6 months.
- Negotiate with your employer to have them pay COBRA insurance premiums, which can be very expensive.
- Convert group life insurance or group disability coverage to an individual plan, particularly if you're older.