New Health Care Law Says Parents Can Keep Kids on Insurance

September 21, 2010

By Nikki Thompson
VCU InSight

RICHMOND, Va, — Young adults can stay on their parent’s health insurance until age 26 as part of the latest part of President Obama’s health care package, which takes effect September 23.

According to the Centers for Disease Control and Prevention, adults age 19 to 29 are
the largest age group of uninsured Americans. They account for
approximately 20 percent of Americans without health insurance.

In previous years young adults who used their parent’s health
coverage would lose their benefits at the age of 19. If they were
full-time college students they could have stayed on their parents
insurance until the age of 23

Although health care has sparked controversy among politicians and the American public,
Kim Snead, Director for Virginia’s Joint Commission on Health Care said, “Some
of the earlier previsions seem to be more beneficial than harmful.”

“Often students are still in
college after 21 or 23, not really working, and a lot of the insurance is
through employers so [young adults] would have to go to private insurers,
which tends to be less affordable.”

As a result, she said, many young adults spend months, even years without health insurance.

According to the new law anyone under the age of 26 will be
allowed on their parent’s health insurance, despite marital status or
employment, with no extra cost. Snead says the only previsions are if children are employed and their employer offers health insurance
they can not stay on their parents insurance plan.

The package contains more than 14,000 pages of regulations and reforms and is not expected to be completely enacted until 2014.