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COBRA and BS (College)

August 18th, 2016 at 02:13 am

I really wanted to title it COBRA BS, but no. I found out how much the COBRA is going to cost us. It's not as high as the $2500 we originally thought, but it is still $2230.17 a month. We're going to have to see if we can't find something cheaper.

All we really need is catostrophic coverage. It is cheaper to pay out of pocket for all our medical stuff than to pay that kind of money for insurance. We'd go without if I wasn't afraid something big might happen. Or that the government would steal our tax refund as punishment.

DH will start investigating when he gets home on Monday. Right after he goes down to apply for unemployment. There's got to be something else that isn't going to drain our resources like that. Unemployment won't even come close to covering the cost of that. Considering how much he has paid into Unemployment over the years, he really ought to be getting more than he will be, but that's not how it really works.

Mom said we can completely suspend our loan payments to her until DH finds a new job. So that will help. It's not something I like at all, but we've got to make our savings last as long as possible. Unless company b comes in with a last minute offer, we are operating on the idea of Sunday being DH's last day of work.

We are also looking at DH starting his BS in Electrical Engineering. There are times when 20 years of experience, a strong recommendation from parent company, and two AS's still don't count as much as a BS in the hiring process. Of course ultimately, BS with only a few years of experience washes out and then DH gets hired, because book learning is never the same as real life on the job experience, but some HR people only want what looks good on paper (book learning) and always have to learn the hard way. Especially with this one guy who keeps getting hired over DH over the years and yet in the end DH is the one who ends up with the job when this guy can't handle it.

With college we'd go through our savings even faster, but in the long run it will help us so much for him to have that that I think we have to do it. If he does full time it would be $10,800 a year. We are looking at half time, though, as hopefully he'll be working at something, so $5,400. He'd do it completely online. We think all or most of his credits should transfer and he'll be able to just start at 3rd year, but he'll have to have a transcript review done, which of course costs money, too.

I won't take out loans. I'm not going down that road. Both kids have said they would get jobs to contribute. Can you believe that? I don't want it to come to that, though. Especially with my daughter, who is fragile in both health and mental health and has her next year of college paid for.

I have been trying to think of things I can do, though it is hard with my disabilities. I can't work a job where I'd be on my feet all day like when I was a cook without severe pain and with me being out of the workforce for 20 years, I'm not sure any of my bookkeeping or office skills would be current. My jobs were summer farm work, babysitting, Visiting Nurse chore worker, cook, tutor (but in outdated things like Word Perfect and DOS and Peachtree and Ten-Key calculator and old Data Entry systems), and receptionist/bookkeeper. Most of that I can't do anymore because of my physical limitations. I am broken and obsolete.

So hopefully DH finds something. Something in the $5000 a month take home range with semi-decent medical insurance so we can keep paying Mom and I can keep up with the out of pocket physical therapy that keeps me walking and gardening and taking care of our mini-farm. We can survive on less, but without the PT life would be miserable for me. And without being able to pay Mom back, it wouldn't be roses, either.

If he can find that until he can find something better, we will be just fine. I keep hoping for a last minute miracle, but I really do not think we are going to get one.

10 Responses to “COBRA and BS (College)”

  1. creditcardfree Says:

    I'm sending prayers that a job comes to fruition very soon for your husband.

  2. Joan.of.the.Arch Says:

    Wow and whoa, that's a high insurance cost! It's enough to make a person sick, isn't it?

  3. Kiki Says:

    Prayers for you all.

    Why would the transcript review cost money? The college counseling should review it and figure out which courses meet their requirements. I have never if someone paying for a review of the twanscripts.

  4. PRICEPLUS Says:

    I'll keep you in my prayers. I hope everything turns out okay.

  5. VS_ozgirl Says:

    Wow can't believe it could possibly be Sunday that DH is unemployed! Wishing you guys the best of luck. Ps you are not broken and obsolete, you have accomplished so much! Good luck to you guys.

  6. PatientSaver Says:

    You have shown so much resourcefulness, determination and talent in managing your family farm. Why not pay a visit to your local 4H/Extension Service. Surely there are others in your community who would value hearing how to do everything you've done. I think it would make for a fascinating story.

  7. NJDebbie Says:

    Keeping you in my prayers. ((HUGS))

  8. CB in the City Says:

    Feeling so sad for you. I think PatientSaver's suggestion is a good one. I could see you teaching a class or writing a column; your writing is excellent!

  9. Livingalmostlarge Says:

    Good luck. Prayers. I think you might considering babysitting. Maybe picking up someone's older kids after school and before and watching them do homework?you are reliable and trustworthy. I mean that can be very difficult for a parent to find. For many families with working parents they would find dependable and reliable help a blessing.

  10. rob62521 Says:

    Sure hope a great job comes to your DH. I think you are smart not to want to take out loans.

    That is a huge insurance cost. Yowza. Hope you can find something more reasonable.

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