The Scoop on Divorce and Well being Insurance coverage

 Right here’s what it’s essential know

• As soon as the divorce is finalized—or in case your ex removes you from their plan earlier than the divorce is finalized—you have 60 days to elect your new medical insurance plan.
• Your youngsters can keep on your ex’s plan, however you can not.
• Lack of protection from a divorce is taken into account a qualifying occasion, which means you don’t want to attend for open enrollment on the finish of the yr.
• Don’t attempt to keep in your ex’s plan after divorce! Insurance coverage firms can go after you for fraud. Belief us, you don’t wish to go down this street.

 What are my medical insurance choices?

• Employer: Contact your HR division to seek out out extra about your medical insurance choices.
• COBRA: Prolong the protection you had in your ex’s plan for as much as 36 months. You’ll have to pay the premiums, which can value a reasonably penny with out the corporate low cost.
• Market: Because of the Reasonably priced Care Act, you’ve gotten plenty of choices from huge insurance coverage firms like Aetna and Blue Cross Blue Protect or from smaller, faith-based plans known as Medi-share. Do your analysis to seek out one of the best plan for you primarily based on value and protection.

You might have lots in your plate. Allow us to assist.

Take Command Well being may also help you navigate by means of the medical insurance scene with our easy-to-use on-line instrument that makes use of knowledge to offer unbiased plan evaluation. We’ll rapidly enable you to examine choices from Healthcare.gov, personal marketplaces, and even faith-based plans. We’ll enable you to discover plans that embody your physician, prescriptions, and protection in your distinctive wants and see in case you qualify for any tax credit. It takes 5 minutes and it’s free!