If you have kids who are 25 years and under and you are wondering how they are going to take care of their health coverage, you are in the right place. Quite possibly your child, or young adult is just starting out in life, is college bound or getting out of college, and bouncing between jobs, better and worse jobs, especially in this economy. He has no idea how and where to get proper health coverage to protect himself financially. Many jobs do not offer insurance, colleges demand it, and health coverage prices keep going up.
But there is good news when it comes to baby and health coverage for children under 25. Included in the new health care law of 2010 there is a provision that will give many young adults a reprieve from needing to seek their own insurance in the individual health insurance market, but allow them to stay signed on with their parents on the family health insurance plan until the ripe age of 26. And there are a few other helpful provisions and new health and medical insurance options too.
In this article we will go over all the possible choices for a young adult, ages 19 to 26 to get health insurance for protection at this formative, critical, and risky age. We’ll consider getting health insurance benefits from their own employer at work, from their parent’s employer, in the private health insurance marketplace, from Medicaid, from the state based on income, and through the new federally instituted PCIP, pre existing condition insurance plan program