15. Coordination of Benefits

When you and your spouse both have access to benefit plans, you can coordinate them to gain coverage from both insurance companies.

In this episode, Lorne Curry educates you about how coordinating benefits with your spouse works. Lorne touches on the rules that exist when coordinating benefits and speaks about when you might and might not coordinate with your spouse.

Lorne discusses: 

How to set up coordination of benefits

How to determine whose plan pays for what portion of coverage

How coordination of benefits works with common-law relationships, separations and divorces

What happens to coordinated benefits when one spouse loses their job

And more

Resources: 

Group Benefits headquarters 

Episode 5: The Health Care Spending Account

Connect With Lorne Curry

[phone]

1-[phone]

Curry Financial Group

LinkedIn: Lorne Curry