I’ve been on COBRA twice before using the 60 day “trick” due to recession related lay-offs. Luckily, the previous times I didn’t have cash flow issues, but I did learn that to get reimbursed once you opt-in and pay those back months can take many, many weeks. So while it may seem like you possibly extending your cash flow, you are actually playing a risky game of chance. Cash flow will end up being far worse off if you get unlucky.
I know I’ve replied more than once in this thread shooting down suggestions, but do know that I appreciate the advice. I’ve just lived life having quite a few unlucky events at bad times, so I’ve learned to always consider how worse off things can be for others.
What I was hoping for with my post was to solicit actual introspection and suggestions for alternative fixes that the HN community could iterate on. So please, I hope people will focus on that instead of my situation. Thank you.
https://www.cms.gov/CCIIO/Programs-and-Initiatives/Other-Ins...
Of course before going this route, check with a reputable source.