Unfortunately, divorce rates are continuing to rise in the United States. When going through a divorce, there are a variety of aspects that need to be worked out. Many think about dividing financial assets and worrying about child custody first, however, health insurance should be at the top of your list of priorities. Figuring out your future health insurance plans can be one of the most stressful parts of a divorce. If you are on your spouse’s employer-sponsored insurance plan, you will lose health coverage and be forced to find new insurance or pay a penalty.
Obamacare may be your best alternative solution in the event that you lose health insurance during the divorce process. Consider these benefits of switching to Obamacare after a trying divorce:
- You will not be denied because of any preexisting conditions.
- You will not be denied because of a chronic illness or risky family history.
- Obamacare is the perfect alternative to COBRA.
- You may end up saving money in the long run on health care expenses.
- The higher-earning spouse may be able to save money on alimony.
With over 20 years of professional insurance experience, the experts at RETA Insurance Agency can help guide you through the health insurance shopping process. Contact us today for all of your Worth, Illinois insurance needs.