Archive for April, 2013
Are young adults covered under their parents Health Insurance till 26 under the new Obama law?
Is it true that the new Obama law states that children/young adults will receive Health Insurance coverage until they are 26 even if they are not in school, married, and living out of the house?
That is correct. While originally health care providers could remove the enrollment plans for young-adults at the age of 19, H.R. 3962, the Affordable Health Care for America Act, changes the definition of a qualified child under §2703 “Requiring the option of extension of Dependent Coverage for Uninsured Young Adults.”
Quoted from H.R. 3962:
‘‘(b) QUALIFIED CHILD DEFINED.—In this section, the term ‘qualified child’ means, with respect to a participant in a group Health Plan or Group Health Insurance Coverage, an individual who (but for age) would be treated as a dependent child of the participant under such plan or coverage and who
‘(1) is under 27 years of age; and
‘‘(2) is not enrolled as a participant, beneficiary, or enrollee (other than under this section) under any Health Insurance Coverage or group Health Plan.
And, to quote a summary from HealthCare.gov:
“Until now, Health Plans could remove enrolled children usually at age 19, sometimes older for full-time students. Now, most Health Plans that cover children must make coverage available to children up to age 26. By allowing children to stay on their parents’ plan, the Affordable Care Act makes it easier and more affordable for young adults to Get Health Insurance coverage.
Your adult children can join or remain on your plan whether or not they are:
* living with you;
* in school;
* financially dependent on you;
* eligible to enroll in their employer’s plan, with one temporary exception: Until 2014, “grandfathered” group plans do not have to offer dependent coverage up to age 26 if a young adult is eligible for group coverage outside their parents’ plan.”
Group Health Insurance Lead Process