Oct 26
Extended Health Insurance on the Family Plan
Due to the paralysis in Washington, a number of states have moved unilaterally to try and develop programs extending health coverage to the uninsured. In Pennsylvania, Gov. Ed Rendell’s health care proposal has an interesting component for young people coming out of college who are confronted with expensive health insurance options for the first time.
Health insurance companies would have to extend coverage for dependents on their parents’ insurance plans until age 30, regardless of whether they are enrolled in school or employed. The program would apply to students who take longer than four years to graduate, new graduates who must take part-time and temporary jobs before landing full-time work with benefits, and students who want to pursue post-graduate degrees.
Cutoffs for extended health coverage vary by state. Under current Pennsylvania law, insurers must cover dependents up to their 19th birthday. New Jersey is the only state that requires insurance companies to cover dependents until they turn 30, regardless of whether they are enrolled full time in school. Many states cut off the coverage obligation at age 18, unless the person is a full time student.
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October 31st, 2007 at 11:52 pm
New Jersey covers dependents\’ health insurance until the age of THIRTY?!?! That is one of the most insane things I have read this week. (It also probably leads to a glut of Mama\’s boys/girls who really need to be out on their own earning their own keep.) Geez, cut the apron strings, Jersey! No wonder your health insurance costs are tops in the country.
Jerry
http://www.leads4insurance.com