Divorce can affect many aspects of your life, including your health insurance coverage. If you’re relying on your spouse’s health plan, you’ll need to understand how your coverage will change. Health insurance is often overlooked in divorce proceedings, but it can be one of the most important factors to consider.
Losing coverage under your spouse’s plan
If you’re on your spouse’s employer-sponsored health plan, you’ll lose coverage once the divorce ends. The coverage typically ends on the day your divorce ends, but you should confirm this with the insurance company. To prevent a lapse in coverage, find a new plan before the divorce ends.
Your options for health insurance
Once your coverage ends, you have a few options to explore. If you’re employed, you may be able to get coverage through your employer. Another option is COBRA, which allows you to temporarily stay on your spouse’s plan for up to 36 months, though you’ll have to pay the full premium cost. If you’re not employed or can’t afford COBRA, you can also explore the Health Insurance Marketplace to find a new plan. The Marketplace is often a good option if you’re looking for more affordable health insurance after a divorce.
What about children’s coverage?
When it comes to children’s health insurance, the court will usually decide which parent is responsible for providing coverage. In some cases, the parent paying child support may be required to include the children on their health insurance plan. This decision depends on the parents’ financial situation and the children’s needs.
It’s important to plan ahead when it comes to your health insurance during a divorce. Don’t wait until the last minute to find new coverage. Losing health insurance can cause stress, but with proper planning, you can make the transition to a new plan smoothly and without interruption.
