Impending Layoff

[Freedom_2012?]

Hi,

It seems that I will face a lay off soon at work.

In anticipation of this I have started to maximize my health insurance benefits, dental checkups, new glasses etc.

I am also starting to look into COBRA so I can compare with HSA/HDP type plans as well as increasing credit limits on my cards etc (just in case)

What else can I do while still employed to maximize any benefit from this situation?

(I am already frugal, have savings etc...so specifically looking for suggestions that are beyond the usual, update your resume, network, emergency savings etc)

Thanks
M

[bogart]

I'm sorry to see your news.

Two things that occur to me are (a) if you have a medical flex account, any expenses incurred before you leave employment must be covered by your employee (as long as they don't exceed what you would have put into the account over the course of the year) even if your total actual contributions are less than that.  DH and I did well on this the year he retired, as we collected $5K (spent that on medical expenses before he retired, and yes, we did have that many and they were legit.) but only contributed about $800; and (b) if you're a candidate to refinance a mortgage, a good thing to do. 

[MrSaturday]

Be aware that under COBRA your health insurance premiums will be (your cost + employer cost) * 1.02.