Legal Question in Family Law in Utah
Insurance Premium Split Calculation
What is the correct legal method outlined in the State Code to split the Health Insurance Premium costs for Joint Custody Children?
I�ve read it previously somewhere but can�t remember. Need the info again.
It said that you simply take the Monthly Preimum Total Cost divided by the number of people covered.
The ex-spouse then pays for half of the premium per person for the number of children shared. Example: 2 children in joint custody. ''Family Plan Premium''=$500 per month. Plan covers 7 people in family.
Calculation: $500 divided by 7= $71.43 per person. Therefore, the un-insured ex-spouse pays for one of the two children @ $71.43.
Is this actually the Correct ''LEGAL'' Calculation?????
1 Answer from Attorneys
Re: Insurance Premium Split Calculation
There is no 'legal' calculation. Generally the party providing the insurance pays for one half of the cost of the children's insurance. Most insurance companies break down costs for individuals, spouses and children. Sometimes, if there is a large difference between incomes, the cost of the insurance is calculated in relation to the respective incomes. Total the income for the parents, figure out the percent for each and that figure applies for the percent of the children's health care. There are other formulas that can be used, and most ofter the parties agree on what is fair under their circumstances.
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