Thursday, July 05, 2012


Many people going through a divorce gloss over their health insurance needs post-split.  I have often heard clients say, "I'll just get COBRA."  However, COBRA is not available to everyone and, even if you are eligible, you can only obtain health insurance through COBRA for a limited time -- and sometimes at a great expense.

What is COBRA (Consolidated Omnibus Budget Reconciliation Act)?

This law, passed in 1986, provides certain individuals, whose health insurance would otherwise terminate due to a loss of job or a divorce (and certain other circumstances), the ability to continue the same coverage at a cost.  However, not all employers must provide COBRA and continuing health insurance coverage this way can often be more expensive than obtaining a new policy.

The United States Department of Labor provides a comprehensive Frequently Asked Questions page.  Visit that page to learn about the basics under COBRA.

Your plans for health insurance should be an integral part of any plans to divorce or separate.  Understand your options and discuss potential solutions with your attorney.

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