How A Divorce Affects Health Insurance Coverage

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Nevada Insurance Enrollment Explains Getting a Divorce Triggers a Special Enrollment Period

LAS VEGAS - nvtip -- Going through a divorce can be a very stressful time, and it is unlikely that your health insurance coverage is at the forefront of your mind throughout the proceedings. However, if your current health insurance policy is not in your name and health insurance coverage is not included in the settlement, then the health insurance company will drop you from the policy as soon as the divorce is finalized.

It is the member's responsibility to inform the insurance company of the divorce. The bad news is, that a divorce by itself is not a "special enrollment period", but, if you LOSE coverage because of the divorce, you'll have 60 days to take action. So, act right away.

To avoid being surprised by high medical bills, it is a good idea to consider your health insurance options before losing your coverage. If you are finding yourself without health insurance due to a recent divorce, you will be able to sign up for a new plan without waiting for the Open Enrollment Period provided you did lose the coverage because of the divorce.

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This period is called a "Special Enrollment Period". You'll have 60 days from the date of the loss of your coverage to enroll into a new plan. But act quickly, because once this 60 days is over, you will have to wait until the annual open enrollment period which in Nevada is November through January 15th.  It's best to call as soon as you know your insurance will be ending.

Getting Health Insurance After a Divorce
There are several options for obtaining new health insurance after going through a divorce. There are many factors to consider, however. Your or your ex's employer's benefits, your age – if you are under 26 and on your parents' insurance coverage, your income/financial situation, if you have dependents on your tax return, and many other considerations. A health insurance agent can help you weigh your options to come up with the best solution for you. Make sure you tell your agent you want a "Qualified Health Plan". This is very important.

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Read the full article: https://www.nevadainsuranceenrollment.com/divorce-affects-health-insurance/

Learn more: https://www.nevadainsuranceenrollment.com/individual-family-health-insurance/

Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com

Contact
Nevada Insurance Enrollment
Shelly Rogers
info@nevadainsuranceenrollment.com
702-898-0554


Source: Nevada Insurance Enrollment
Filed Under: Insurance

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