asked 71.4k views
4 votes
Kevin and Nancy are married, Kevin is the primary breadwinner and has a health insurance policy that covers both him and his wife. Nancy has an illness that requires significant medical attention. Kevin and Nancy decide to legally separate, which means that Nancy will no longer be eligible for health insurance coverage under Kevin. Which of the following options would be best for Nancy at this point?

A) Purchase an individual health insurance policy
B) Enroll in COBRA coverage
C) Apply for Medicaid
D) Seek coverage through the Health Insurance Marketplace

1 Answer

3 votes

Final answer:

The best health insurance option for Nancy post-separation depends on her financial situation and health needs. She could buy a private policy, enroll in COBRA, apply for Medicaid, or seek coverage through the ACA Health Insurance Marketplace, which may offer subsidies and considers preexisting conditions.The correct option is C.

Step-by-step explanation:

The best option for Nancy after legally separating from Kevin would depend on her individual circumstances, such as her income level and health needs. Here are the options:

  • Purchase an individual health insurance policy: Nancy could directly buy a policy from a private insurer, but this might be costly, especially if she has preexisting conditions.
  • Enroll in COBRA coverage: This allows Nancy to continue the employer-sponsored plan for limited time, although she would have to pay the full premium cost.
  • Apply for Medicaid: If Nancy's income is low, she may qualify for this government-funded health insurance program.
  • Seek coverage through the Health Insurance Marketplace: Under the ACA, Nancy can shop for insurance plans and may be eligible for subsidies based on her income.

Considering her need for significant medical attention, options like Medicaid and the Health Insurance Marketplace may be most beneficial if she qualifies, as they consider preexisting conditions and can provide subsidies to make insurance more affordable.The correct option is C.

answered
User Jaiprakash Soni
by
8.1k points
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