Many College Graduates Can Now Stay On Parent’s Health Insurance Plan
The new healthcare reform law requires health insurers to cover adult dependent children until the age of 27. According to the new regulations, they should make that option available to young adults out of college and their families for the first plan year on or after September 23rd.
That is all well and good, but what about this spring’s graduating class? The Class of 2010 would experience a gap in coverage, which can be very problematic. Fortunately, many major health insurance plans are already taking steps to prevent that. They have agreed to extend their coverage in advance. Blue Cross Blue Shield (in several states), Humana, and WellPoint are among those taking part. (more…)