In the United States, health insurance is a critical part of your health and well-being. It can provide financial security when accessing healthcare. Healthcare without insurance is extremely expensive and can be a serious barrier to getting services. Most people obtain insurance coverage through their employer. This not only covers the employee, but it can also cover their spouse and children. However, this does not last forever. You may wonder, how long can you stay on a parent’s health insurance? Below, you will find helpful information on insurance coverage as you navigate early adulthood.
How long can you stay on a parent’s health insurance?
In general, children can stay on their parent’s insurance plan until the age of 26. Some states allow young adults to stay on their parent’s health insurance plan until age 30, specifically New York and Florida. The actual moment you lose insurance varies. Some insurance companies cut off coverage the day you turn 26. Others may continue coverage until the end of your birthday month or the calendar year.
Many people wonder what events will impact their coverage. Things like getting married, having a baby, starting or leaving school, or living away from home generally won’t impact your health insurance coverage. You can also often still stay covered if you aren’t claimed as a dependent on your parent’s taxes or if your own employer has coverage options.
Health Insurance Coverage Options for Young Adults
Maintaining health insurance after you lose coverage under your parent’s plan is important for your health. However, it can be a major financial issue due to the cost of coverage. Almost one-fifth of 26-year-olds are uninsured because of it. There are options for coverage that can fit within your budget. Consider the following health insurance coverage options if you have been removed from your parent’s insurance plan.
Employer-Sponsored Health Care Plan:
If you or your spouse have a job that offers health insurance, this can be a great coverage option. Employers often have a number of coverage options to meet your financial and healthcare needs. They may also pay for part of it or provide you with incentives to lower your costs. It can often be cost-effective and convenient for you as you transition from your parent’s insurance plan.
Private Insurance Coverage:
Private health insurance in Los Angeles is a great option for coverage. Safecal offers both individual and family plans that will meet your unique needs. They offer comparable coverage options at an affordable price. You can customize your coverage based on your specific needs and budget.
Subsidized Affordable Care Act Plan:
Individual health insurance coverage options are also available through the marketplace under the Affordable Care Act. Similar to private insurance plans, subsidized plans through the marketplace offer different options when it comes to coverage, deductibles, and premium amounts.
Government-Subsidized Programs:
If you qualify, there are government programs that offer health insurance coverage. These programs will ensure that you have the coverage you need for preventative care and care in the event of a health emergency. You have to meet certain income requirements and regularly update your information to ensure you qualify. However, it is a helpful option if you do not have the financial resources for health insurance coverage at the moment.
SafeCal Insurance
If you need quality health insurance, contact the team at Safecal. They offer a number of coverage options no matter what your needs are. Their health insurance plans cover individuals, groups, and families. They also offer additional types of insurance so you are fully covered, including commercial and individual coverage. Contact Safecal Insurance Services today to get more information about coverage!