After Your Divorce, Remember to Deal With Your Health Insurance!

As if there isn’t already enough on your plate during a divorce! On top of the stress and emotional strain, you have an endless list of things that need to be done. Like the piles of papers you need to sort through to find that one document for your attorney. Or setting up new bank accounts and trying to figure out how to go about planning your newly single future. Or handling your kids, who are struggling with the divorce and acting out in all kinds of ways. It’s very overwhelming, we get it!

A graphic of a hand holding money, and reaching out for another hand that is doling out health insurance in the form of small red crosses.

Waiting until you need it to deal with it is a bad idea!

Though you may be feeling swamped right now with all of the other things you’ve got to take care of in the wake of your divorce, dealing with your health insurance policy is critical. Yes, we get it – right now it sounds like just one more thing at a time when you’re feeling overloaded. But trust us, this is one item you don’t want to let slide. (Because when you need it, if it isn’t there, you will be even less equipped to deal with that problem!)

Where does your health insurance come from?

While some couples each have their own insurance through their respective jobs, some couples only have one wage earner in the family who provides insurance for everyone, and one spouse who depends on their partner for health insurance. Once a divorce is final, however, that dependency will end.

What options do you have for getting health coverage in Michigan?

For people who rely on a spouse for health insurance, and who are currently involved in a divorce, they’ll need to be prepared. If this sounds like your situation, there are several options available to you. For example, you could: 

  • look for a new job that provides health insurance, 
  • pay for health insurance out of pocket (which is private health insurance), 
  • research whether you can pay for coverage through your spouse’s employer through the Consolidated Omnibus Budget Reconciliation Act (COBRA),
  • apply for health insurance through the Obamacare exchange. 
  • find out if you are eligible for insurance through the state, or through your county

There are no more penalties for people who don’t have health insurance

Under the ObamaCare Act, there was a federal tax penalty for people who didn’t have health insurance coverage. However, in 2019 the Tax Cuts and Jobs Act removed the Affordable Care Act penalty, but Obamacare is still available to people. So if you choose not to have insurance, you won’t be penalized.

If you have questions about your Michigan divorce, call The Kronzek Firm.

Getting divorce necessitates change for many aspects of life. There are so many things that you will have to deal with, like how separation before divorce can affect your insurance policies, or what could happen if you forget to change your policy after a divorce is finalized. And that’s where a good attorney comes in – someone who can walk you through every aspect of this process, and make sure that nothing gets forgotten or left on the back burner till it’s too late. So if you’re considering divorce, call 866 766 524. Our skilled and experienced family law attorneys are standing by to help.