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Adult Children
Reply to "Health Insurance for 26-year-old"
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[quote=Anonymous][quote=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. [/quote] I suppose this may be a provision I'm not aware of, but why would COBRA apply here. COBRA benefits are for when the insured leaves a job, and wants to continue current employer-provided coverage. There are no employer subsidies, and it's often very expensive, but it guarantees continuous coverage. That's not the case here. OP didn't lose her job. Her daughter is aging out of coverage eligibility. If COBRA applied, the de-facto age limit for remaining on your parents' coverage would be 27.5, not 26. Yes, OP's daughter lost her job, but that it entirely coincidental. It has nothing to do with the reason she is no longer covered. Again, perhaps this is an obscure provision, but I think it's unlikely. [/quote]
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