My child is coming off of my insurance, what do I do now?
If you or your child has recently graduated and are no longer a full-time college student, gotten married, etc, or are coming off the parent’s employers group health plan, due to “loss of dependent status“, COBRA health insurance would be an option.
Notify Human Resources When Your Adult Dependent Turns 26
Keeping the same health benefits a dependent had on their parent’s plan is sometimes necessary. In the event that the dependent has pre-existing conditions, it’s often best to continue on the same major medical plan to have the same access to doctors and clinics. When the dependent child turns 18, you’ll need to contact your employer’s human resources department to remove them from your policy. You will want to bring up COBRA continuation if that’s an option for your family. Keep in mind, your employer will not subsidize a portion of the new COBRA plan.
An Alternative To COBRA
If you are fairly healthy and still want to remain insured, alternatives to COBRA insurance may be available based on where you live. Short-term health insurance is a popular option and available in most states. This can protect you from high medical costs of new injuries or new illnesses that unexpectedly occur while allowing you to use any licensed doctor. Coverage is available up to $1 million per person. For more information and pricing, you can call us at 1-877-262-7241 or complete a free quote online.