Unemployment May Give You More Money, But It Can't Give You This
Unemployment benefits are looking a lot better than usual these days, thanks to the extra $600 per week the CARES Act provides to all recipients during the COVID-19 pandemic. Some people are actually earning more money from unemployment benefits than they did working their normal jobs, but even for these individuals, unemployment has its downsides.
Being laid off or furloughed could cost you your employer-subsidized health insurance, and without the appropriate coverage, a single large medical expense could plunge you deep into debt. You need your own health insurance coverage to hold you over until things go back to normal. Here's what you need to know.
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Source Fool.com
