One of the most popular provisions of the Affordable Care Act allows young adults to stay on their parents’ health insurance plan until they’re 26. I’ve been fortunate to have coverage through my parent’s insurance plan for several years, but I will soon switch to Kiplinger’s plan.
Some insurers allow adult children to stay on their parents’ plan through the month of their 26th birthday, while others stop coverage on your birthday. Either way, if you’re covered by your parents’ plan, you should start looking for alternatives well before time runs out.
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