A recent article in the News & Observer reported that in September a federal health care law takes effect that allows young adults up to age 26 to remain or be added back on their parent’s family health plan, regardless of student-status, dependency status on tax returns, or whether they live at home.
The only qualifications:
- The parent’s plan must be a family plan that includes dependents
- The parent’s plan must have been in existence when the law passed in March 2010
- The young adult’s employer must not offer insurance
The new law will take effect on September 23 or at the next employee re-enrollment date, depending on the insurance plan. Companies must provide a 30-day open enrollment period for young adults to join.
