Monday, June 13, 2011

Do you still have to be a full time student to qualify for health insurance?

My friend told me of a law that ended this.
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You're partially correct. There are a few states (not sure of the exact number off the top of my head - probably fewer than 5 states though) that have required employers to extend benefits to dependent children of a certain age regardless of whether they are full time students or not. Keep in mind that this requirement would only apply to employers with health insurance plans that fall under the state's Department of Insurance jurisdiction. Self-funded employer health plans fall under the federal ERISA law. Therefore, a self-funded employer in one of the states that passed that law would not be obligated to comply. Long story short...some states don't require full time student status of dependent children. But some employers in those states don't have to follow those requirements. (Its hard to give you specific advice, since you didn't mention what state you're located in and what type of health plan your parents have.)
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