Posted: 10/01/08
Many college students enjoy the benefit of reliable health insurance for adult children under their parents' insurance plan. However, many fail to realize that once commencement is over there's a good chance that coverage is canceled. The terms for insurance for adult children vary based on the plan. Some health plans base coverage eligibility solely on age, while others have coverage contingent on a student status. It's important to be aware of the terms before graduation and to plan for the future.
There are several options in health coverage for recent grads. Many insurance companies offer personal coverage plans with affordable premiums. However, these plans often have high deductibles. For a young person on a budget a health discount plan may be an affordable way to rein in additional health related costs and safeguard against physical and financial risk.
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"College Grads May Lose Health Insurance"
