Wednesday, April 8, 2015

Do I get credit for paying health insurance premiums in child support?

 Effective July 1, 2015, the law better clarifies how health insurance cost will be calculated for child support purposes.  When determining the amount of child support owed by a parent, the court takes into account the amount paid by either parent or stepparent to provide health care coverage for the child.  The amount taken into account is limited to the proportionate share for the child’s health coverage.  With more blended families in Virginia, it was important to better articulate how credit may be given where children other than those for whom support is owed are also covered by the health insurance.  The new law provides that the cost per person shall be determined by the following formula: [total cost of coverage] – [cost of individual coverage for policy holder] / [number of remaining persons covered by the policy]. -- Kari Jackson, Associate at Hall & Hall