Should Married Couples Combine Health Insurance?

LAS VEGAS - Jan. 18, 2024 - PRLog -- Getting married means lots of conversations about combining everything from last names to bank accounts. While picking a health insurance plan that covers both of you may seem practical, there are cases in which maintaining separate policies makes more sense.

Know Your Options
If you both have jobs that offer health insurance, it's cheaper to accept your own health insurance plan because employers are required to pay 50% of the employee only coverage, and if they choose to pay more, they can. If the employer chooses to pay for spouse and dependents, they can. That's up to the employer, but they are required to pay for ½ of the employee's cost. So, it's cheaper to accept your own plan and have your spouse do the same with their employer.

Not all couples have a choice when it comes to their health insurance coverage. If one spouse is unemployed or doesn't have access to health insurance through their employer, then paying a higher monthly premium to include coverage for your spouse (and dependents if you have children) for a health insurance plan that covers all family members may be the only option. As of the writing of this article, if you have an employer that OFFERS coverage, whether you take it or not, just being offered, most likely you will not be eligible for a "subsidy" from the Government. There may be changes in the future, but for now, this is how it works.  If OFFERED a plan at work, most likely you will NOT qualify for a subsidy.

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Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com