There are many factors to consider when deciding whether to stay on parents health insurance or get a new plan. Some of these considerations include the kind of coverage and budget you're looking for as well how the plan will fit your needs.
After 26, can i still be covered by my parents health insurance?
You can remain on your parents' health insurance until you turn 26 if they have an individual plan or group policy that offers dependent coverage. This is crucial for young adults, especially those with low incomes. They may be eligible to receive a premium subsidy through the exchange, or even premium-free insurance via Medicaid.
If your parents' company offers a grandfathered plan, which does not require that you be covered by the parent's policy, you are no longer eligible to remain on it after the age of 26. Contact them to discuss your options if you're required to cover under your parent’s plan.
Can I continue to be covered by my parents health insurance after marriage?
You can continue to be covered by your parents health insurance until the age of 27 if their plan is an individual or group policy that includes dependent coverage. This is particularly important if your family includes children.
Can I stay covered under my parents' health plan if both my spouse and I are covered by our employer?
If your spouse has a group plan that includes dependent coverage, or an individual health plan, it may be possible to continue your parents' health care insurance even after you get married. It's especially important to keep this in mind during the open enrollment periods of most states and if you suffer a qualifying health event.
Can I stay on my parents' insurance if I move?
If your parents live in a different state from where you do, it might be a good idea to purchase your own health insurance. You can purchase a plan through the state marketplace, or shop for a private or federal exchange.
Can I continue to be covered by my parents' dental or vision coverage?
The vast majority of group health plans offer dependent coverage, including dental and vision. It means you can remain on your parents' vision and dental plans as long as you have a child over the age of 18 who is either financially dependent, enrolled in school or lives with you.
Can I remain on my parent's prescription drug and Dental Coverage?
Even if you are 26 years old, if your parents still cover a dependent (student) or prescription drugs and dental care for you, you may be able to keep the plan. This is useful if you are moving to a new area where the prescriptions or dental plans offered by your parents may be expensive or hard-to-find.
How long can I continue to receive my parents' Medicare dental and vision benefits?
You can still continue to provide Medicare, vision and dental coverage for your parents if they are disabled or retired. TCC stands for Temporary Continued Coverage. If you work for the government, you will have 60 calendar days to contact your Benefits Representative and request TCC.