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1) You probably have a deadline to exercise those vested options coming up very quickly. Should you do that? There's lots of past discussion on HN about that.

1) You probably have a deadline to exercise those vested options coming up very quickly. Should you do that? There's lots of past discussion on HN about that. Don't forget about 83(b) elections. 2) COBRA is a continuation of your employer's group health coverage. You can probably get significantly cheaper high-deductable coverage under an Obamacare exchange (coveredca.com, in your case). That's probably the better option. You should not go without health coverage, because then you'll be subject to tax penalties, but also for other obvious reasons. 3) Being remote will affect your job hunting by a factor of 2pi/sqrt(e).

csa 11y ago
> 3) Being remote will affect your job hunting by a factor of 2pi/sqrt(e). 3.81?
greenyoda 11y ago
"COBRA is a continuation of your employer's group health coverage. You can probably get significantly cheaper high-deductable coverage under an Obamacare exchange (coveredca.com, in your case)." On the other hand, if he expects to be working for another company soon where he'll be covered again by group health insurance, it may not be worth the effort of researching and signing up for Obamacare insurance. COBRA may be more expensive, but it's much quicker to get it set up. (Also, I'm not sure if any insurance company will sell you individual health insurance for a very short period, like the time between jobs. That's what COBRA was really designed for.)
- SamReidHughes 11y ago
  Alternate health insurance is quick enough to set up, at least in California, that it's easily worth the time invested (which is minimal, it's very convenient, and the savings can be quite significant). You can indeed buy health insurance for a very short period, like the time in between jobs. Leaving your job is a "qualifying life event" and you can choose between COBRA or signing up for a different health plan (on an Obamacare exchange, I guess) in a "special enrollment period."

csa 11y ago

> 3) Being remote will affect your job hunting by a factor of 2pi/sqrt(e). 3.81?

greenyoda 11y ago

"COBRA is a continuation of your employer's group health coverage. You can probably get significantly cheaper high-deductable coverage under an Obamacare exchange (coveredca.com, in your case)." On the other hand, if he expects to be working for another company soon where he'll be covered again by group health insurance, it may not be worth the effort of researching and signing up for Obamacare insurance. COBRA may be more expensive, but it's much quicker to get it set up. (Also, I'm not sure if any insurance company will sell you individual health insurance for a very short period, like the time between jobs. That's what COBRA was really designed for.)

SamReidHughes 11y ago
Alternate health insurance is quick enough to set up, at least in California, that it's easily worth the time invested (which is minimal, it's very convenient, and the savings can be quite significant). You can indeed buy health insurance for a very short period, like the time in between jobs. Leaving your job is a "qualifying life event" and you can choose between COBRA or signing up for a different health plan (on an Obamacare exchange, I guess) in a "special enrollment period."