wife got laid off while pregnant

[Joe Boggin]

she works for a major pharma company. she did well. base was over 70k plus bonus, stock options, full benefits...

she has alot saved. her severance package is impressive. but everything will run dry about one month prior to our delivery.

if she elects COBRA coverage, the monthly premium could run around 600-700 a month...it would be a continuation of her benefits while employed and i must admit they were amazing. she has not come out of pocket one penny for any office visit, ultrasound, blood work etc. however, im not sure how that premium would change if after the baby is born?

if we elect to shop on the market place for something competitive based on our actual need for doctor visits (besides delivery and baby checkups, we are both rather healthy adults) it seems so overwhelming trying to navigate all the options....deductibles, co-insurance, hmo, ppo, in network, hsa max out of pocket...

im confused!!

[Rick Baggenstoss]

Definitely go COBRA. Having a baby is expensive and afterwards can be even more if something doesn't go quite right. This is one of those times where your benefits from insurance dwarf your premium. Saving $300 a month could cost you $000s.