Family phone/insurance/health plans

[Anonymous]

When you kid finishes college and starts earning, do you take them off of your phone, car insurance and health insurance plans or keep paying until you can?

[Anonymous]

I kept under mine.

[Anonymous]

Mine does her own car insurance now, but she’s still on my health insurance and phone plans. That’s OK with me since she doesn’t make a lot of money and rent keeps going up.

[Anonymous]

Kids are not old enough yet, but this is what my parents did for me.

Health Insurance: Kept on until I started my first full time job in August after I graduated. Then I was on my own since my job offered health insurance.

Insurance: Assuming you mean car here. I lived in DC after college and did not have a car.

Phone: I have a brother who is a year younger than me. So when he graduated college our Dad told us we had to call up Verizon and get our own plan. So this was a year after I graduated.


My Dad is very much the support through college formally and then you are on your own. I grew up in an UMC family, but he wanted us to cut the cord. This doesn't mean there has not been help along the way. When I moved into my first 1 bedroom apartment living alone and needed to furnish it my Mom came with me and paid 2-3k to get me everything I needed. Or if I visit my parents they are paying when we go out to dinner or do activities. They just really wanted my siblings and I to be self sufficient once we graduated.

I am happy with the way ti turned out. I think it is weird when you see married 35 year olds on their parents phone plan. I have absolutely 0 financial ties to my parents right now.

[Anonymous]

I would do whatever is cheapest. I guess if I thought my kid was abusing that to live beyond their means I would give them a choice to pay me or get my off plan but I don’t see any reason we should pay more to verizon or blue cross to prove a point and things are hard enough when you are starting out.

[Anonymous]

I always love the posts when people say how important it is that kids pay their own phone bills but it’s fine for parents to provide down payments or a car or whatever.

[Anonymous]

Car insurance - kids paid
Health - we paid until my DH retired (before they were 26)
Phone - we paid monthly cost. They paid for new phones. DS getting married in a few months. He and new spouse will get their own contract.

[Anonymous]

Anonymous wrote:Kids are not old enough yet, but this is what my parents did for me.

Health Insurance: Kept on until I started my first full time job in August after I graduated. Then I was on my own since my job offered health insurance.

Insurance: Assuming you mean car here. I lived in DC after college and did not have a car.

Phone: I have a brother who is a year younger than me. So when he graduated college our Dad told us we had to call up Verizon and get our own plan. So this was a year after I graduated.


My Dad is very much the support through college formally and then you are on your own. I grew up in an UMC family, but he wanted us to cut the cord. This doesn't mean there has not been help along the way. When I moved into my first 1 bedroom apartment living alone and needed to furnish it my Mom came with me and paid 2-3k to get me everything I needed. Or if I visit my parents they are paying when we go out to dinner or do activities. They just really wanted my siblings and I to be self sufficient once we graduated.

I am happy with the way ti turned out. I think it is weird when you see married 35 year olds on their parents phone plan. I have absolutely 0 financial ties to my parents right now.

Things are different now with regard to health insurance. There were higher premiums if the children stayed on after losing full-time student status. Now, they can be on the parent's policy up until the 26th birthday, no penalties, even if they have their own full-time job with health benefits.

[Anonymous]

My kids went to grad school after college, and one took a gap year before grad school, so we're still paying for cell phones and such.

[Anonymous]

Our kids started paying their own car insurance as soon as they got jobs and stayed on our health insurance until 26 because it made the most sense. We all still share a family phone plan because, again, it makes the most sense financially and they pay for their own phones and chip in for service.

[Anonymous]

Our grown daughter (23) is still on our health insurance for now because it’s better than the insurance offered through her job. We pay the premiums, of course, but she pays the coinsurance for her medical visits.

She lives in NYC with no car, so she’s not on our auto insurance, and if she moved to a place where she needed a car, she’d get her own policy. She’s still on our cell plan, but so are my in-laws and SIL.

[Anonymous]

DD is 24 and under-employed. We pay her cell phone plan and she's on our health insurance. She pays for her car insurance and all other expenses.

[Anonymous]

My parents did, but I had a good job.

[Anonymous]

Anonymous wrote:When you kid finishes college and starts earning, do you take them off of your phone, car insurance and health insurance plans or keep paying until you can?

We kept/keep them on until:
1)phone- still on, plan to take them off when they put us on their plan
2) car insurance- kept them on until we signed their car over to them. For first, it was six? Months or so after they graduated.
3) health insurance- so far it it cheaper to keep them on until December of the year they turn 26. If we end up retiring earlier and have to go on the ACA, then they will have to get their own at that time.

[Anonymous]

Anonymous wrote:Kids are not old enough yet, but this is what my parents did for me.

Health Insurance: Kept on until I started my first full time job in August after I graduated. Then I was on my own since my job offered health insurance.

Insurance: Assuming you mean car here. I lived in DC after college and did not have a car.

Phone: I have a brother who is a year younger than me. So when he graduated college our Dad told us we had to call up Verizon and get our own plan. So this was a year after I graduated.


My Dad is very much the support through college formally and then you are on your own. I grew up in an UMC family, but he wanted us to cut the cord. This doesn't mean there has not been help along the way. When I moved into my first 1 bedroom apartment living alone and needed to furnish it my Mom came with me and paid 2-3k to get me everything I needed. Or if I visit my parents they are paying when we go out to dinner or do activities. They just really wanted my siblings and I to be self sufficient once we graduated.

I am happy with the way ti turned out. I think it is weird when you see married 35 year olds on their parents phone plan. I have absolutely 0 financial ties to my parents right now.

So you're NOT a parent of Adult Children? Wrong forum.

Your perspectives are outdated!