Reply to Health Insurance for over 18 child

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[quote=Anonymous]If the adult child is not independent (i.e they are not earning enough to cover more than 50% of their living expenses), then under the insurance marketplace, you have to use the HOUSEHOLD income (which would include the parents' income if the adult student is still dependent on the parents for living/college).  If you tell the ACA marketplace the parents' income, then the adult child isn't going to qualify for any reductions in prices.

You're looking at about $300/mon premiums with about $1000 deductibles.

It would be cheaper to put them on a family insurance plan if your employer offers it.  I've looked it up for my DD (20, in college) because our Tricare coverage ends at22 yrs old.  DD may be going part time or may not have a job yet when she finishes college at 22... so I've looked for options.  We do not use employer provided insurance b/c we have Tricare.  It would be expensive to buy a family plan (on top of Tricare) just to get insurance for DD.  So, I looked into the ACA to compare it to Tricare Young Adult (which is also about $300/month).

How is it that you think a college student can get very very low cost insurance via ACA?  [/quote]

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