Obama Administration Asks Insurers to Allow Young Adults to Stay on Parents' Policies Sooner Than Mandated
May 10, 2010
With college graduations starting, the Obama administration will ask insurers to allow young adults to say on their parents' plans until age 26 rather than wait until this standard is required on Sept. 23, according to report by ABC News.
Several large insurers announced last month that they would offer this coverage before it becomes mandatory, according to the report.
Until the mandate takes effect, insurers could remove young adults from their parents' policies when they turn 23.
Read ABC News' report on healthcare reform insurance mandates.
© Copyright ASC COMMUNICATIONS 2011. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.