If you are healthy with no previous conditions, I'd drop the Cobra and get private insurance. Can be alot cheaper.
But if you are otherwise, then you should buget for the Cobra - your HR dept may be able to give you a clue what it would run.
I generally don't budget, but if unemployed you need an "austerity budget" for the bare bones minimum you need to get by. Then multiply that number by 6 to 8 and there you'd have your EF.
Just taking your gross is probably not what you'd need. But if saving that much is not a problem for you, then by all means do it. The more the better - some job categories should have a 12 month EF probably.
|