There are many factors to consider when deciding whether to stay on parents health insurance or get a new plan. These factors include your budget and the level of coverage you need.
What happens if I'm 26 and still covered by my parents 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 especially important for young adults with relatively low incomes who may be eligible for a premium subsidy in the exchange, or for premium-free coverage 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.
Do I still have my parents' insurance when married?
If you have children, this is especially important. This is very important, especially if you have kids.
Can I remain on my parents health insurance plan if the spouse of my employer is also covered?
You may be able, depending on the employer of your spouse, to remain on your parents' insurance plan after your marriage if your parents have a group or individual insurance policy that covers dependents. This is particularly important if your state has an open enrollment period or you have a qualifying life event.
Can I continue to be covered by my parents' health insurance after I move?
You might consider buying your own health coverage if your parents reside in a different location than you. You can buy a policy through your own state's marketplace or you can shop for an individual plan from the federal or private exchange.
How long can I remain on my parent's dental and vision insurance?
The vast majority of group health plans offer dependent coverage, including dental and vision. 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?
You can continue to use the same dental and prescription drug plan after turning 26 if you still have a dependent or student covered by your parent's coverage. This is very helpful, especially if the dental or prescription plans your parents have are too expensive or not available in your area.
Can I remain on my parent's Medicare, Dental and Vision Coverage?
For as long as they remain disabled or retired, your parents can continue receiving Medicare, dental and Vision coverage. TCC is the temporary continuation of coverage. 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.