The Siemon Law Firm
Honest Answers.
View Practice Areas

Health insurance: combating hidden financial effects of divorce

Georgia residents know that getting a divorce is often not an easy affair. Making the decision to dissolve a marriage involves more than just the loss of a partner. Some spouses may lose their home or other shared belongings during the divorce mediation process. Separating physical assets is only the beginning. In a divorce there are many long term effects that can arise after the separation.

One often overlooked consequence of a divorce is the cost of health insurance. Many families rely on one spouse whose job solely provides a health insurance plan for the whole family. In situations such as these, divorced partners may lose out on insurance coverage rates due solely to their separated status and single plans can be expensive.

Future health care coverage can prove to be a major factor in a divorce. Identifying personal needs early in the process can help avoid future hardship. Making these decisions while also planning for a future that will benefit both parties can be a tough task. Leaving yourself at the mercy of court proceedings can delay and drag out an already emotional process. Mediation offers a neutral third party to help efficiently plan for and resolve issues that may stem from a separation.

It is essential to take care in planning for your future from the very start of a separation. Establishing a professional support team can be a vital piece to the puzzle when ending a marriage. Contacting a trusted financial advisor and a family law attorney who handles divorce cases can aid greatly in ensuring your matter is effectively resolved.

Source: Science Codex, "Divorce costs thousands of women health coverage," Nov. 12, 2012

No Comments

Leave a comment
Comment Information
Contact our Georgia Family Law Firm by calling 866-497-5134 or by completing this contact form. An attorney will respond within 24 business hours.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

The Siemon Law Firm
347 Dahlonega Street, Building 100
Cumming, GA 30040
Phone: 770-888-5120
Fax: 770-521-4317
Cumming Law Office Map

The Siemon Law Firm
4555 Mansell Road, Suite 300
Alpharetta, GA 30022
Phone: 770-521-4316
Fax: 770-521-4317
Alpharetta Law Office Map

The Siemon Law Firm
3400 Peachtree Rd NE, Suite 555
Atlanta, GA 30326
Phone: 770-888-5078
Fax: 770-521-4317
Atlanta Law Office Map