Heath Insurance and Divorce
Key Points
Health insurance is all too easy to overlook ... until you really need it. Keep a couple of things in mind as you investigate your options.
Resources & Tools
PROTECTION AFTER DIVORCE -- COBRA, the Consolidated Omnibus Budget Reconciliation Act, protects ex-spouses even after one of them remarries, for a fixed period of time, as well as employees who lose their positions. COBRA establishes a time line for picking up coverage (which must be religiously observed), and it is very expensive.
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