Information you need from your job if you get laid off or furloughed - Business Insider

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Information you need from your job if you get laid off or furloughed - Business Insider
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About one in four Americans fear being put on furlough or laid off in the coming months, according to recent data

AlegeusBecause of the pandemic, the government has expanded unemployment benefits under the newly passed Coronavirus Aid, Relief and Economic Security Act, to provideOnce you know what your state requires, prepare any necessary documents or information.

Many states allow direct deposit of unemployment checks, so have your bank account number and routing number handy. You can get this from a check you have from your active bank account, or can call your bank. Find out how your long healthcare is covered by your employer. Is it through the end of the month? Longer? You'll want to find out. That way, you know when you're eligible to enroll in COBRA.

"There's a good possibility that COBRA premiums may be subsidized by the federal government in a forthcoming stimulus bill, but so far that has yet to occur," he added.Carsten Koall/Getty Images "A provision in the recent CARES Act even makes over-the-counter medicine HSA-eligible without a prescription," Auerbach said.

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