haserfauld
Level 2 Member
Hi all,
I have an interesting situation that just arose, and I'm just looking for some recommendations before I move forward.
I work for a smaller company, and I'm provided with a partial subsidization for my health insurance. Due to the size of our company, we aren't offered any subsidization for spouse/family. My wife is 24, and she was still on her dad's insurance because she has a sibling her parents wanted to cover anyway, and the family rate was the same. She works as a nanny (full time), but has no insurance from her employer. Here's the interesting situation:
1) Her father just got laid off yesterday, effectively ending her coverage
2) My company's insurance renewal date is July 1, although I could add her to mine now because she had a qualifying event
3) I'm leaving my company at the end of July (wife is ending employment June 15) and we're moving to North Carolina--employment is not yet nailed down, so I don't know what to expect for insurance
4) If her father finds a new job, he'll probably have the same setup (family coverage so her sibling is included), which means he could include her at no additional cost (for the next 18 months)
Considering the absolute cluster that is the insurance marketplace, I'm trying to figure out my options here. Adding her to mine is obviously the safest and fastest, but it's also costly ($290 a month for my Silver 70 EPO HealthNet plan with $1800/ind and $3600/fam deductible). It doesn't seem to be that much worse than other plans I found searching the CA marketplace, though.
For being a 24-year-old, she actually does have more medical costs than average (TMJ, sports-related joint issues, etc), although most are chiropractic/acupuncture, dental, and vision which isn't covered anyway.
Anyone have any directional guidance or recommendations?
Thanks
I have an interesting situation that just arose, and I'm just looking for some recommendations before I move forward.
I work for a smaller company, and I'm provided with a partial subsidization for my health insurance. Due to the size of our company, we aren't offered any subsidization for spouse/family. My wife is 24, and she was still on her dad's insurance because she has a sibling her parents wanted to cover anyway, and the family rate was the same. She works as a nanny (full time), but has no insurance from her employer. Here's the interesting situation:
1) Her father just got laid off yesterday, effectively ending her coverage
2) My company's insurance renewal date is July 1, although I could add her to mine now because she had a qualifying event
3) I'm leaving my company at the end of July (wife is ending employment June 15) and we're moving to North Carolina--employment is not yet nailed down, so I don't know what to expect for insurance
4) If her father finds a new job, he'll probably have the same setup (family coverage so her sibling is included), which means he could include her at no additional cost (for the next 18 months)
Considering the absolute cluster that is the insurance marketplace, I'm trying to figure out my options here. Adding her to mine is obviously the safest and fastest, but it's also costly ($290 a month for my Silver 70 EPO HealthNet plan with $1800/ind and $3600/fam deductible). It doesn't seem to be that much worse than other plans I found searching the CA marketplace, though.
For being a 24-year-old, she actually does have more medical costs than average (TMJ, sports-related joint issues, etc), although most are chiropractic/acupuncture, dental, and vision which isn't covered anyway.
Anyone have any directional guidance or recommendations?
Thanks