Parents Health Insurance After Marriage-For How Long Can You Stay on Your Parents’ Health Plan
If you are about to get married and are on your parents’ health insurance plan, you are most likely to wonder if you will still be covered by the plan even after tying the knot. Parents health insurance after marriage only covers their newly married children under specific conditions. Changes in marital status affect children enlisted in their parent’s insurance plans. Normally, dependants in a parents’ health plan are covered for the duration within which the cover is still in use. After the plan’s expiry, it has to be renewed and the dependants enlisted again.
How can a child be added to the parent’s health insurance plan
Ideally, there are two ways through which dependant addition to parental insurance plans are done.
1. Through job-based plans- In this option the parent adds the dependants to their cover during the yearly open enrollment duration or during special enrollment periods. It is worth noting that the provisions of job-based plans vary from one employer to the other. As such, it is important to check the benefits provided for the dependants under an employer’s plan.
2. Through Health Insurance Marketplace Plans- A parent can include dependants when applying for a new plan. Additions to existing Marketplace plans can only be done during the annual Open Enrollment Period or during the Special Enrollment Duration.
It is worth noting that a dependant’s particular situation can have implications on costs and coverage of the plan. Therefore, it is important to seek professional advice on the effects of adding a dependant to a parent’s plan and the duration within which the plan will be valid.
For how long can you stay on a parent’s plan?
Parents health insurance after marriage covers dependants/children until they attain the age of 26 years. However, this provision is subject to change depending on the rules of the plans and state of residence. Generally, you can remain covered as dependant in a health insurance plan until you are 26 years old even if you start or complete schooling, get married, have a child, or live with/away from your parents.
Keeping dependants in a parents health insurance after marriage is very beneficial in terms of cost and quality of healthcare services provided. According to insurance experts, even when a dependant can get a job-based coverage on his/her own, it is still better and economically viable to list them on the parent’s health until they reach 26 years old. This is because employers charge their employees a family cover rate and employer plans are better than individual plans in terms of coverage.