This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cheaters, Liars And Exes . . . Who Still Love Your Insurance

While some folks are getting lovestruck by Cupid's arrows on Valentine's Day, others are feeling the stings from exes and cheating lovers.

Along with the pain of broken promises can come serious problems with the least romantic subject of all: insurance.

Here are five top questions from our readers.

1. I'm pregnant by a man who's not my husband. Will I be able to add the baby to my husband's employer-sponsored health plan?

In most cases, the answer is no, says Bruce Borgos, senior director of human resource audit services at Secova, an employee benefits and human resource services firm headquartered in Newport Beach, Calif. For the baby to qualify for coverage under your husband's plan, your husband would have to show he has legal custody of the child.

Typically employer health plans that extend coverage to dependents do allow stepchildren on their plans.

2. I had an affair and got another woman who's not my wife pregnant. Can I put her on my health insurance plan?

"Not legitimately," Borgos says. "We've had a few cases in the past where we've uncovered these types of situations."

In those instances, the fathers listed the girlfriends as their daughters on the health plans, unbeknownst to their wives. Borgos says.

It's not a good idea to try to sneak someone onto your health plan who isn't actually eligible to receive coverage. Amid rising health care costs, employers hire firms like Secova to conduct dependent eligibility audits. Many employers require employees to produce documentation, such as tax returns, marriage certificates and birth certificates, to prove the relationships that qualify dependents for coverage. Secova sifts through the information for clients to determine who does and doesn't belong on their health plans.

"More and more it's the really complicated relationships we have to unravel," says Chirayu Patel, Secova's vice president of client development.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,131.86 +47.37 0.28%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,838.6430 +8.1730 0.17%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs