You should consider many factors when deciding on whether you will stay with your parents' plan or purchase a separate health insurance policy. Some of these factors include the type of coverage that you want, your budget, and how well the plan fits your needs.
How long can I stay on my parent's health insurance policy after 26?
You can continue to be covered by your parents' insurance policy until you are 26 years old if it is a group plan or an individual plan that includes dependent coverage. This is particularly important for young adults who have relatively low incomes and may be eligible for a subsidy on the exchange or for coverage that does not require a monthly premium via Medicaid.
You can't remain covered on your parents' policy after you turn 26. This is because the coverage offered by their employer is grandfathered, and you don't have to be under their coverage. 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.
Can I stay on my parents health insurance if married?
If you have children, this is especially important. If you have children, this is a must.
Can I still stay on my parent's health insurance policy if my partner is covered through his/her employer?
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. This is especially important during the open enrollment period in most states or if you experience a qualifying event.
If I move, can I still be insured by my parents?
You might consider buying your own health coverage if your parents reside in a different location than you. You can purchase a plan through the state marketplace, or shop for a private or federal exchange.
Can I stay on my parents' dental and vision coverage?
The majority of group plans include coverage for dependents including dental and eye care. This means that you can stay on your parents' dental and vision plans if you have an adult child who is either a student or financially dependent, or who lives with them.
Can I stay on my parents' prescription drug and dental coverage?
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 particularly useful if your parent's dental and prescription drug plans are expensive in your new region or hard to locate.
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, or Temporary continuation of coverage is what this means. If you're a government worker, you have up to 60 days after your spouse's 26th birthday to contact your Benefits Coordinator and apply for TCC.