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Adult Children
Reply to "Are you delaying Retirement so your Adult Children can have medical coverage? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP however my older kids have jobs however, it is expensive out of their paycheck and "technically" free for me as I have to have the family plan was my wife and kid in college is on it anyhow. I have medical, dental and vision for five people on plan. If I quit my two oldest would go on their work plan, my one in college I guess some type of bare bone college plan (but I would end up paying the policy plus who knows if she even would have dental or vision coverage). It is like a crazy domino effect. And I don't think it is crazy in US my insurance is tied to my job. I do think having kids ands spouses dependent on it and something they cant control is crazy. [/quote] Where do they work and where do you work? My kid pays $0 for their health insurance for their job because premiums are like nothing for single 20 somethings in good health. Assuming he stays with the company, I think he will have to pay something when he moves to a family plan. I mean, what are your older kids going to do when they hit 27? You might as well cut the chord now and get them used to budgeting for insurance.[/quote] I wonder if some companies are taking advantage of knowing their new hires can stay on their parents' plans until 26 and not offering health insurance to new college grads. My nephew works for a special arm of a FAANG out of college and is still on his parents' insurance. [/quote]
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