It is important to weigh many factors before deciding whether or not to remain under your parents’ health insurance. 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?
If your parents have a group or individual policy that covers dependents, you can stay on their health insurance plan until the age of 26. 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.
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. If you are required to be covered by your parent's plan, contact your parents and ask what you can do.
Can I stay on my parents health insurance if married?
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 particularly important if your family includes children.
Can I continue to be covered by my parents' insurance even if my spouse has health coverage through his or 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.
What happens if I move and want to stay on my parent's insurance?
It might make sense to buy your own health insurance if your parents are in a state other than where you live. 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 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?
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 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, or Temporary continuation of coverage is what this means. You have 60 days to inform your Benefits Contact if you are a federal employee and apply for TCC.