Divorce brings loss and major life adjustments. You might be dealing with a change of residence, the untangling of finances and assets, possible custody issues and lots of other messy, often emotional details. There’s no doubt you have a lot on your plate right now.
You may not be focused on your health insurance coverage right now. We get that. But here’s something you should know: Losing your ACA-compliant health care coverage because of a divorce is a qualifying event (for the spouse losing coverage) that opens up a special enrollment period when you can purchase your own health insurance plan.
You have a golden opportunity to purchase new coverage in order to accommodate your reconfigured family.
Finding the right individual health plan that meets your new needs and budget is a great way to gain a renewed sense of independence and move forward with your life.
Don’t miss your chance to enroll! You only have a short time around a qualifying event (up to 60 days after the day you lose coverage) to make health insurance changes. Missing the deadline means you may wait for up to 10 months for the next open enrollment period.
Short Term health insurance, also called Temporary insurance or Term health insurance, may be just the thing to get you to that next Open Enrollment period. It’s designed to bridge gaps so you’re covered until you decide on a long-term health care solution. Learn more about Golden Rule Insurance Company Short Term health insurance.5