Insurance Urgency

Deb has kind of a serious predicament that involves her special-needs child and health insurance that won't kick in for 6 months.

QUESTION: Deb is moving back to California, but her husband’s health insurance doesn’t kick in for 6 months. Her special-needs child has been declined temporary coverage. How can they budget for a catastrophe?

ANSWER: I don’t know of a way to get coverage off the top of my head unless California has some program at the state level. In the open market, getting coverage is going to be difficult. Get coverage for yourselves definitely until his company furnishes it, then save like crazy and put off everything you can like dental work and thinks like that until you can get under the 6-month bubble on his work coverage. You are kind of praying to dodge a bullet here.