Finally, Private Unemployment Insurance. But Will Anyone Buy It?

Re:Finally, Private Unemployment Insurance. But Will Anyone ... by sjg007 on Friday May 27, 2016 @09:21PM (#11790202)

Or you know California could just up unemployment to actually cover your lost wages for a few months. 60% is a joke.

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Re:Finally, Private Unemployment Insurance. But Will Anyone ... by phonon on Friday May 27, 2016 @10:19PM (#11790322)

Actually, the issue the insurance most directly addresses in that case is that CA unemployment benefits max out at $450/w. So people making more, or much more, than ~$50k year would have a very significant income shortfall, as a percentage of income.

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Re:Finally, Private Unemployment Insurance. But Will Anyone ... by seattle_spring on Friday May 27, 2016 @09:31PM (#11790226)

Is it though? If you pay the taxes on the premiums then the 60% is not taxed. That's more than my take home pay.

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