How to Protect Yourself From Losing Health Insurance During a Divorce
Certified Insurance Counselor, Gladys Boutwell, discusses what happens to health insurance in a divorce and how to protect yourself from losing your insurance.
Once a divorce decree is obtained, the spouse that has health coverage would go to their employer with proof of the marriage ending, and request for their spouse and/or children or dependents to be removed.
Once the removal happens, for the most part, the coverage in Oregon will continue until the last day of the month. However, there are circumstances when that end-of-coverage will happen the day that it is being requested, which are plans that are called 'self-funded,' and are usually larger employers that have those self-funded or hybrid self-funded plans.
The party who has lost coverage will typically get notified that their coverage is ending, with alternative options, such as going through marketplace, or directly with the carrier.
Using a broker or agent to explore healthcare options is advisable because it won’t cost you any more than if you were to do it yourself.
If you would like to speak with one of our family law attorneys regarding your unique family law matter, call our office at (503) 227-0200 to schedule a free consultation, or visit our website at https://www.landerholmlaw.com/. To learn more about Gladys Boutwell, you can do so here: https://www.insurancedesignpros.com/