Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Posts Tagged ‘COBRA

Coming Back Around

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Total Black: $426.61
Total Red: $225,563.13

I pushed myself to return to work today.  I would have preferred to stay home.  I wasn’t up to full speed.  But I need the money.  The day started late though because I had to run around town dolling out sums of money. Keep reading . . .

Written by Laid-off Lawyer

March 5, 2010 at 23:52

Nose to the Grindstone

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Total Black: $83.81
Total Red: $228,872.01

Late post.  Had my nose to the grindstone all day at the contract attorney position and then at the theatre.  Crazy day tomorrow too because I’m scheduled for four shifts at the theatre and I’ll also be working at the contract attorney position before and between those shifts.  But it’s all worth it to keep bringing that debt down. Keep reading . . .

Written by Laid-off Lawyer

January 22, 2010 at 23:59

Financial Loneliness

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Total Black: $536.54
Total Red: $230,773.68

One common response from a number of commenters, readers, and other regular viewers—more so of late than previously—has been to formulate a budget or a come up with a plan of spending.  I’m not, on principle, adverse to the advice.  I understand the need to plan and budget accordingly.  And I can own that I have let myself go a bit these past two weeks, especially as opportunities to socialize surfaced through the theatre gig.  But there’s always a way to tighten our financial belts.  But as I got to thinking about planning and budgets, and started writing this post, something entirely different surfaced.  Something unexpected but vital to getting my spending under control. Keep reading . . .


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Total Black: $67.13
Total Red: $230,258.15

A few days back I received a notice from my former law firm that COBRA payments for health insurance will be increasing.  Currently I pay $199.61 a month for medical and dental health insurance coverage through Aetna.  I didn’t opt in to the firm’s coverage until February 2009, once the Stimulus Package had been approved and passed, because it provided a significant subsidy for people who had been laid-off or were still unemployed.  Without that subsidy health care coverage would have been approximately $536.00 a month.  I doubted that I could afford it, especially when New York pays only $405.00 a week in unemployment benefits.  Now the subsidy has expired and I’m facing that question again.  The Stimulus Package funds only authorized nine months of subsidization.  Nine!  Congress decided to debate health care coverage and pass a health care bill, while not bothering to addressing the risk many will face by losing the coverage they have if the subsidies aren’t extended. Keep reading . . .

Written by Laid-off Lawyer

December 18, 2009 at 23:39