Health Care Reform Changes

by AdminJ on August 12, 2010

Health Care Reform Bill has made changes being made, Dependent Coverage Extended until age 26:

Starting January 1, 2011 the provision must go into effect for individual and family plans as well, Allowing any dependent age 26 or younger to be able to be on their parents Health Insurance Plan, no matter Health condition.

On September 23, 2010 Group plans (employer sponsored) will give the option of letting dependents stay on their parents plan until age 26 regardless of student, resident, employed or marital status. Most health plans (currently) imposed a limit of age 19 years old for Non Full Time students and age 23 for Full Time Students.

Some Health Insurance Carriers that are starting to implement the provision early for its members. Dependents will have to re-enroll on their parents plan during their open enrollment period for Group plans. Re-enrollment is NOT automatic, members must take actions on or after October 1, 2010 to have their dependent back on their plan if not already.

For Individual and family plans, the dependent will have to be added before January 1, 2011. Dependents only have until January 31, 2011 to be added on the plan without underwriting. Once 1/31/11 is passed, normal underwriting policies will be enforced.

Be sure to get yourself or dependent added on during the time frame. Once the time has passed dependent may not be approved due to normal underwriting guidelines.

Check with your current Health Insurance to see if you are able to add your dependent this soon or at least get your forms lined up.

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