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The importance of negotiating severance packages is highlighted in the text, as signing whatever is initially offered may not be in your best interest. By negotiating, you can potentially secure a better compensation package that is more beneficial for you. Research shows that while many believe negotiation is not possible, it is in fact achievable. By making a strong case and advocating for your needs, such as discussing expensive health insurance costs, you can potentially improve the terms of your severance agreement.