The Affordable Care Act (Obamacare) and Divorce

Divorce decree
 
How does divorce impact your coverage under the Affordable Care Act? What are the potential complications under President-Elect Trump?
The Affordable Care Act is arguably the most important legacy of president Obama’s time in office. It has provided tens of millions of previously uninsured people health coverage, allowing for access to preventive care and specialty treatment rather than complete reliance on high-cost emergent care.  This Act has changed a long time precedent of spousal reliance on medical coverage from the family breadwinner. 
Coverage under the Affordable Care Act is determined in large part based on income combined with family demographics. If you are a single, childless, person making $30,000 a year, you will pay more than a couple earning a similar combined income. If your premiums and coverage have been determined based on your marital status, and then you divorce, your coverage is likely to change. 
Similarly, if you have children in a marriage and then divorce, whoever retains primary custody of the children is responsible for providing medical coverage. Though not required by law, many parents intend to support their children through college and this includes providing medical coverage. The Affordable Care Act has a provision that allows young people to remain on their parents insurance through 26 years of age.
 In the wake of the recent election there has been no shortage of speculation as to how his administration will alter the terms of the Affordable Care Act. Throughout his campaign Trump claimed he would repeal the Act and replace it with a “better system”. In reality it seems that President-elect Trump will keep many of the provisions of the Affordable Care Act. It remains to be seen what will happen to heath care under the new administration but it is safe to say that regardless, it will have an impact on divorce.

STAY UP TO DATE

Subscribe to our newsletters

 
Subscribe to one or more of our newsletters, delivering meaningful insight on topics that matter to you and your family.
ebl home subscribe image

FURTHER READING

Latest Blog Posts

Gifting an estate plan is an act of love because an estate plan goes far beyond material possessions, addressing the emotional, practical, and long-term well-being of your loved ones.

Prenuptial agreements (also known as prenups) can play a pivotal role in safeguarding individual spousal rights in the event of divorce and can also strengthen a marriage.

Valentine’s Day can be tricky for single parents, maybe even you. Unpartnered, at least for the time being, you might not foresee your plans fitting into conventional images of the holiday. But that doesn’t have to be. Valentine’s Day, when you’re single, can be more than a day you need to survive. It can be a day to look forward to.

Collaborative law has evolved into a globally practiced
discipline, extending well beyond the realm of family law, and is used frequently in Seattle divorces.

Classifying January as divorce month could be misleading, given how some of the numbers tell a different story. However, one thing remains clear: January is a great time for a fresh start.

A family law attorney can help with child custody (residential time) by creating or modifying a parenting plan.

Given the importance of the trustee’s role in an estate plan, it is necessary to understand the responsibilities before choosing a trustee or accepting the obligation to become one.

If you and your partner reside in Washington state and are unmarried, you each might qualify for the legal protections availed to you by law by classifying your relationship as a committed intimate relationship.

One of the greatest gifts you can give your family is to build an estate plan while you are alive and well. Estate planning allows you to formally communicate your wishes so they will not be up for interpretation by…

A co-executor can help facilitate the distribution of assets, minimize conflicts, and provide much-needed support to grieving families.