Snap Fact #220 - ObamaCare Helps You If You’re Uninsured or Losing Your Coverage!
Post date: Jun 15, 2012 12:6:42 PM
Snap Fact #220
ObamaCare Helps You If You’re Uninsured or Losing Your Coverage!
Personal testimony:
“Allowing us to keep him on our insurance until 26 came at the perfect time.” - Lori, of St. Louis, Mo., who can now keep her son who suffers from celiac disease covered while he finishes college.Some 50 million Americans are uninsured, in part because of the recent recession and resulting layoffs. Recent changes help extend coverage to certain groups, but reforms under the Act that will extend coverage to millions more Americans don’t begin until 2014.
Extending health coverage to teenagers and young adults.
Here’s how it works:
• Children up to age 26 can remain on a parent’s health insurance plan.
• Your employer can’t charge a different health insurance premium for your adult children than it does for your younger children.
The fine print:
• Your child does not need to be financially dependent on you. Nor is she or he required to live with you, or be unemployed, unmarried, or a student.
• Until 2014, if you’re in a “grandfathered” plan, your child only qualifies if he or she does not have an offer of health insurance through an employer.
• Coverage of children up to age 26 does not extend to a spouse or a child of your adult child.