Could Obamacare stimulate a spike in divorce rates?

The launch of the Affordable Care Act (ACA, or “Obamacare”) has prompted a wave of change across the nation. Beyond the effects on the government and the economy, it could now even stimulate a surge in divorce rates.

A press release from Certified Business Appraisal posits that ACA may trigger a divorce “tsunami.” The firm writes that in the wake of newly available healthcare, couples separated but retaining joint health coverage may now opt for divorce.

Forbes asserts that these days, more couples are choosing legal separation over divorce even when they know their marriages are far from salvageable. This is due largely to the financial benefits. When couples remain married, they stand to meet the 10-year requirement for social security benefits and possibly continue to receive health benefits under one spouse’s plan.

“Practically speaking, the need to continue medical insurance coverage for one spouse through the employer of the other may be a reason for not legally ending the marriage,” the Ohio Bar Association confirms.

However, the introduction of the ACA may eliminate this advantage to legal separation.

If you have already chosen to separate from your spouse, a formal Legal Separation may be a better option than an informal arrangement. This legally binding agreement can help resolve issues like division of assets and debt, alimony and spousal support, child support and visitation. On the other hand, if you know that your marriage cannot continue, the lawyers at Babbitt & Dahlberg are ready to fight for you.

Looking for a Columbus divorce attorney?

If you’re considering separation or divorce in Ohio, Babbitt & Dahlberg will help you every step of the way. Contact us today for a consultation.