The Affordable Care Act Could Benefit Divorce
October 17, 2013
One of the issues facing divorcing couples, especially women, is how medical coverage will be provided for her, and perhaps the children, after the divorce. In most families, medical coverage is provided by the husband through his employer or a business. After divorce, along with the loss of many other financial securities, this coverage goes away. Women who did not work outside the home, or who had part-time positions with no health benefits can find themselves overwhelmed at the prospect of no insurance. Obtaining a “swing” period of medical coverage post -divorce is a valuable benefit to many women that could be the basis for some to negotiate away other valuable items. Some women, perhaps those closer to Medicare eligibility, might choose to remain in less than happy circumstances, rather than risk losing their health insurance.
A positive and perhaps unintended effect of the Affordable Care Act (AFC) is that it benefits those facing divorce–particularly the non-working spouse. Because under the AFC everyone can purchase insurance, and it is based upon their ability to pay (“Affordable”), no one will be left without insurance after a divorce. Moreover, through the “portability” provision in the Act, the non-employee spouse facing divorce may be able to take the family insurance. Going forward, no one will have to give up valuable assets for a few extra years of medical coverage. No spouse will have to worry whether she/he will qualify for or be able to afford individual insurance coverage. if a woman has breast cancer or hypertension, she no longer has to fear divorce, because the AFC bans discrimination on the basis of illness or pre-existing condition. Nor will the newly divorced have to worry about affording coverage because under the new law the average person should pay less rather than more for health insurance coverage.
Divorce is not easy for anyone. Removing one of the most stressful issues–how we take care of our health and the health of our children–is a benefit of the Affordable Care Act. As Judy Resnick of Johnston Resnick Mittman Group commented to MarketWatch “It gives the non-working spouse the freedom to move on and not worry about their health… It will take one of the fears out of divorcing–I think it ‘s huge.”