Updated Sunday, November 23, 2014 as of 5:13 PM ET

Divorce Wave to Follow Obamacare Rollout?

Political opponents may soon be able to blame President Obama for one more thing: a wave of divorces.

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Comments (7)
This is a nice article and addresses a valid point. I do take exception to when people say that COBRA is expensive. COBRA by law can only be 102 percent of the cost to the employer. If a person has a fairly inexpensive and basic group policy,then the cost may not be that high. People need to realize the value of their benefit package, the costs that the employers pay.
Posted by Consumer A | Tuesday, October 01 2013 at 9:41AM ET
Consumer A, you are absolutely correct. I should have said that the cost of COBRA surprises most people, since they don't realize how expensive health insurance really is. And when a couple is divorcing, it is hard enough to run both households financially, and adding additional health insurance premiums can really hurt.
Posted by Alan M | Tuesday, October 01 2013 at 10:57AM ET
Not only does it increase "divorce mobility," it also increases labor force mobility. Given the hit labor force mobility is taking due to the on going housing market conditions, one less impediment is a good thing!
Posted by Heywood S | Tuesday, October 01 2013 at 12:02PM ET
You missed the GIANT ISSUE. Which is that the ACA rewards divorce in almost EVERY situation with some very large dollars because the subsidy for a single person is significantly more than half the subsidy for a married couple. In come cases the penalty is over $11K.
Posted by Dean O | Tuesday, October 01 2013 at 3:58PM ET
My business focus is Long-Term Care Planning. When couples are talking divorce or separation, I encourage them to consider purchasing a Long-Term Care Insurance plan, if they haven't already done so. Any Family Law Attorney worth their billing, should include a plan to minimize the risk of a LTC event for both parties. Have them buy insurance before their divorce is final when they will qualify for "couples discount" instead of a single individual plan that has no couple discount. This LTC protection should be considered a line item and not negotiable in a settlement. You can do all the income planning and ED work ...but if you haven't protected this couple, your planning will be useless... if and when those split assets are tapped for long term care. Even a hostile divorcing couple understands discounts. Susan King, CLTC
Posted by Susan K | Tuesday, October 01 2013 at 7:23PM ET
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