There are many factors to consider when deciding whether to stay on parents health insurance or get a new plan. Some of these include the type and amount of coverage you desire, your budget, as well as how well your plan meets your needs.
After 26, can i still be covered by my parents health insurance?
You can remain covered under your parent's health insurance up until age 26 if their plan is an individual or group policy which offers coverage for dependents. This is especially true for young people with relatively low-incomes, who may qualify for a Medicaid premium-free plan or a premium subvention through the exchange.
You cannot stay on a policy after 26 if the plan is grandfathered. If your parents' employer offers a plan that requires you to be covered under theirs, you should contact them to see what your options are.
What if I get married and want to stay on my parents insurance?
If you are married, you can stay on your parents' health insurance until you turn 27 if they have an individual plan or group coverage that offers dependent coverage. This is especially important if you have children.
Can I remain on my parents health insurance plan if the spouse of my employer is also covered?
Depending on whether your spouse is employed by a company that provides dependent coverage or an individual plan, you may be able stay on your parent's health insurance after marriage. It is important to do this during open enrollment in most states, or if a qualifying event occurs.
How long can I remain on my parents insurance policy if I relocate?
If you're parents live in a separate state, you might want to buy your health insurance. You can either purchase an individual policy from the federal or state exchange or through your state's market.
Can I keep my parents dental and Vision coverage?
Most group health insurance plans cover dependents, including for dental and vision. You can continue to be covered by your parent's dental and vision plan if you are a dependent adult child, a student, financially dependent or resides with them.
Do I have to pay for my own prescription drugs and dental care?
If you are still 26 and have a dependent, or a student who is covered under your parents' dental and prescription coverage, then you can keep that plan. This is very helpful, especially if the dental or prescription plans your parents have are too expensive or not available in your area.
How long can I continue to receive my parents' Medicare dental and vision benefits?
As long as your parents' condition continues, they will continue to be covered by Medicare, dental, and vision insurance. TCC is the temporary continuation of coverage. If you work for the government, you will have 60 calendar days to contact your Benefits Representative and request TCC.