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COBRA can be good if you are on a platinum plan and have a lot of foreseeable health expenses. HDHP COBRA makes no sense at all.



Please check though, because my kids qualified for medicaid despite my six-figure income. The state of Oregon qualifies by week, so even if you made $10 million / year, if your expected income in the week is $0, you qualify for that week (yes, I literally asked them this question, and he said yes, that is how it works). According to our DHS, there is no upper limit on yearly income that would mandate a clawback of benefits received[1] . And in Oregon at least, OHP is accepted everywhere, and is usually better than the platinum plans (no payments taken from users, ever)

[1] As another example, I asked if I didn't work Jan - Nov, and then made $10 million in December, would my kids qualify for mediacid Jan - Nov, and he said yes.


That is interesting to know, and does seem to be true if that $10 million is the lottery and is truly random income and is truly instantaneous. If you are working on a company that you sell, it may not be the case.


that is not what I was told. I bluntly pointed out that I expected to make good money that year despite being laid off (and I did), and he said it did not matter, since I was unemployed, my expectation for the current week was zero. It has nothing to do with whether you have a lotto ticket or a company exit.

Although obviously if you're working at your company, you are not unemployed and do not have zero income expectation.




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