Health Insurance for 26-year-old

[Anonymous]

My DD was on my health insurance but is turning 26 soon, so she needs to find her own policy. She was just laid off from the government contractor she has worked for, for several years. While she is interviewing, does anyone have any recommendations for an insurance co./policy?

I read that she may be able to get COBRA under my policy for 36 months, but I need to call my insurance company (BCBS) to confirm. Does anyone have experience with COBRA in this situation? Thanks.

[Anonymous]

Yes she will receive notice about COBRA - I’d guess 1-2 months before she loses coverage. They will change 102% of the premium (100% of the premium + 2% admin fee). If you want the notice sooner, reach out to your benefits department.

[Anonymous]

Why didn't she get health insurance via her employer. You said she was working for them for years, no ?

Otherwise, COBRA and start doing your research on different plans offered in the marketplace.

Your kid is presumably in young and healthy so minimal coverage and the lowest/cheapest tier should suffice until she gains employment.

[Anonymous]

Anonymous wrote:Why didn't she get health insurance via her employer. You said she was working for them for years, no ?

Otherwise, COBRA and start doing your research on different plans offered in the marketplace.

Your kid is presumably in young and healthy so minimal coverage and the lowest/cheapest tier should suffice until she gains employment.

I assume she was covered under OP's family plan. Why pay extra for having a separate plan?

[Anonymous]

She should look at the health insurance exchanges and get covered by Obamacare. Healthcare.gov I believe. Probably going to be WAY cheaper than cobra.

[Anonymous]

Anonymous wrote:She should look at the health insurance exchanges and get covered by Obamacare. Healthcare.gov I believe. Probably going to be WAY cheaper than cobra.

This. My DC was not notified about the COBRA option.

[Anonymous]

Anonymous wrote:

Anonymous wrote:She should look at the health insurance exchanges and get covered by Obamacare. Healthcare.gov I believe. Probably going to be WAY cheaper than cobra.

This. My DC was not notified about the COBRA option.

that's illegal

[Anonymous]

Anonymous wrote:My DD was on my health insurance but is turning 26 soon, so she needs to find her own policy. She was just laid off from the government contractor she has worked for, for several years. While she is interviewing, does anyone have any recommendations for an insurance co./policy?

I read that she may be able to get COBRA under my policy for 36 months, but I need to call my insurance company (BCBS) to confirm. Does anyone have experience with COBRA in this situation? Thanks.

Just go without it at her age.

[Anonymous]

There are healthcare navigators at nonprofits in every state that can guide her. They can help with examining the ACA options. If she is unemployed she should get a subsidy. The income requirements are based on a look back to previous year’s taxes, but if recently unemployed the navigator can help her file the paperwork to show that. What state is your DD in? My 26 year old DD had very good navigator support and got an excellent policy from the NY State Health Exchange. Was able to keep most of current doctors. Her income is lower so subsidy made it affordable. The list of navigators should be on the state exchange website. If you don’t want to use the free nonprofits, a regular insurance broker can also assist. They are also free because they get paid through the health exchange. COBRA will be much more expensive.

[Anonymous]

Anonymous wrote:She should look at the health insurance exchanges and get covered by Obamacare. Healthcare.gov I believe. Probably going to be WAY cheaper than cobra.

My friend got laid off from a small company. She got Obama care for very little money because she had no income. And the coverage was a lot better than the plan offered by her company.

[Anonymous]

How sick is she? I went without it for 15 years.
I bought my own kids something for $200 a month. They only go to yearly check-ups.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My DD was on my health insurance but is turning 26 soon, so she needs to find her own policy. She was just laid off from the government contractor she has worked for, for several years. While she is interviewing, does anyone have any recommendations for an insurance co./policy?

I read that she may be able to get COBRA under my policy for 36 months, but I need to call my insurance company (BCBS) to confirm. Does anyone have experience with COBRA in this situation? Thanks.

Just go without it at her age.

This has to be the worst advice ever.

[Anonymous]

She should go on healthcare.gov and put in her zip code. If her state has an exchange, the site will redirect her to the state site. If the state does not have its own exchange, she will browse plans on healthcare.gov. She should research the price and caliber of plans. Meanwhile, you should reach out to her HR and make sure they give her proof she has been covered all these years and ask for cobra
Info. Then she should decide whether to cobra or get an exchange
Plan

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DD was on my health insurance but is turning 26 soon, so she needs to find her own policy. She was just laid off from the government contractor she has worked for, for several years. While she is interviewing, does anyone have any recommendations for an insurance co./policy?

I read that she may be able to get COBRA under my policy for 36 months, but I need to call my insurance company (BCBS) to confirm. Does anyone have experience with COBRA in this situation? Thanks.

Just go without it at her age.

This has to be the worst advice ever.

Not really, Unless the young adult has medical issues.

If they need to see a doctor they can go the local health department. They will charge them a small fraction based on her income.

Most health insurances will charge an arm and a leg for temp. coverage.

[Anonymous]

Anonymous wrote:How sick is she? I went without it for 15 years.
I bought my own kids something for $200 a month. They only go to yearly check-ups.

Not smart. One major medical issue could bankrupt the kid. Not worth the risk. Get ACA basic coverage