Health Insurance In An Unmarried Relationship

Thanks to the gay rights movement and the increaseless-expensive HMO may raise objections, while the
of both unmarried heterosexual and homosexualmore expensive Preferred Provider Organization
couples living together throughout Texas and the(PPO) or the traditional indemnity plan may not. If
United States, the workplace trend towardyou have questions about your plan, talk to your
domestic-partner benefits is improving the lives ofhuman resources department or call the insurer
many committed couples, regardless of sexualdirectly.
orientation or marital status.Share the power
As of March 1, 2006, only 49 percent of the FortuneIf you're the partner holding the policy, it doesn't
500, 78 percent of the Fortune 100 largestnecessarily mean you can make any health care
corporations, and a small percentage other, smallerdecisions for your significant other if or when he/she
businesses, organizations and educational andis unable to make them. Married couples have much
government entities offered health benefits tobroader rights. A healthcare power of attorney can
employees' domestic partners, according to a recentovercome what could be a big issue in an emergency.
study by the Human Rights Campaign Foundation.It has nothing to do with money. It simply allows the
And while it's true that the number of companiesperson you designate - in this case, your partner - to
involved is relatively small, there are some very largemake medical decisions on your behalf if you are
employers, such as the Big Three automakers, whounable. It also can ensure that if you become ill, your
have jumped on the bandwagon. The number ofpartner will be able to visit while you're in the hospital.
individuals affected also is limited, but the unmarriedThe document, which should be prepared by an
couple-count is on the rise and many unmarriedattorney, can also specify the names of physicians
households include children who could be importantand limit the use of life-extending procedures. But it
beneficiaries of domestic-partner health insurance.doesn't have to be that complicated. Keep the
If your employer or your partner's employer offerscompleted document someplace, other than a safety
domestic partner benefits, here are some things todeposit box, so it is accessible when you need it
consider before you sign up:most.
Follow the RulesIt's Over and You're Moving On.
Most companies require that your significant other beMost employer-sponsored group policies require that
18 or older, not related to you by blood or married toyou inform the company immediately if your living
someone else. You and your partner must live in thesituation changes. A recent federal court decision left
same permanent residence in an exclusive,open the possibility that COBRA could cover
emotionally committed, financially responsibledomestic partners. COBRA is the Consolidated
relationship, similar to marriage. You may be requiredOmnibus Budget Reconciliation Act - federal legislation
to show you share a lease or a mortgage, anthat requires many businesses to keep former
insurance policy, utility bills, a joint checking account,employees and their dependents on the group health
etc.plan for a limited period. COBRA regulations allow a
The Taxing Situationdivorcing spouse to keep the estranged spouse's
While the IRS allows the cost of health benefits forinsurance for up to 18 months. The federal court
married spouses and dependents to be taxdecision said this didn't specifically exclude domestic
deductible, it hasn't yet given the same rights topartners. But the likelihood an unmarried partner will
unmarried couples. So the amount of money thatbe able to claim COBRA is slim. That means that the
your employer pays for health insurance for anpartner could be left without his or her own insurance
unmarried partner and any children will be included aswith little or no notice.
taxable income on your W-2.With only 49 percent of Fortune 500 companies and
Insurers May Not Agreean even smaller percentage of small businesses
While your company may be willing to pay for theseoffering health benefits to employees' domestic
benefits, not all health insurance companies whosepartners, this still leaves a large majority of unmarried
plans are available to an employee may agree. Somecouples with possibly one individual in the relationship
insurers are concerned that domestic partner benefitsuninsured.
will drive up costs. For example, it's possible that the