Graduations mark a transition into the “real world” for many young adults. And part of being in the “real world” is having health insurance! If you are entering the working world, you may be eligible for health insurance through your employer. But if you don’t get a job right away, you still need health insurance (it’s the law!) and you have a few options: 1 – Remain on Your Parent’s
Can I Live in a Different State than my Parents and Still be Covered on Their Health Insurance?
Yes, you can live in a different state and still be covered on your parent’s health plan up until age 26. However, keep in mind most health insurance plans distinguish between in-network and out-of-network care. If you live in another state, you may not be able to easily access in-network providers for your medical care. Out-of-network care is typically much more expensive than in-network care, often with its own separate
Should Young Adults Stay on Their Parents’ Health Insurance?
One of the earliest-implemented provisions of the Affordable Care Act (ACA) was the requirement that parents be allowed to keep their adult children on their health insurance until age 26. As a result, many families did just that. Even when the adult child was offered coverage through his or her employer, it often made sense for many reasons for the “child” to stay on the parents’ plan. With the next
