ObamaCare Facts: I am under age of 26, can I claim myself as a dependent and still be under my parent's plan?

I had a (young) friend ask me about this so I pass it on to my readers:

Do my parents have to claim me as a dependent on their taxes 

for me to stay on their insurance plan?

FACTS ABOUT

Health coverage for adults

(ObamaCare refers to them “children”) under 26:

The Affordable Care Act requires insurance companies to cover young adults on their parent’s plan until age 26 if the plan offers dependent coverage, regardless of your tax status, student status, state of residence, or marital status. In other words, you do not need to be a tax dependent of your parents to continue to be covered as a dependent on their health plan.

If a plan covers children, they generally can be added to or kept on a parent's health insurance policy until they turn 26 years old.

Children can join or remain on a parent's plan even if they are:

• ·         Married
• ·         Not living with their parents
• ·         Attending school
• ·         Not claimed as a dependent on their parent’s tax return
• ·         Eligible to enroll in their employer’s plan

These rules apply to both job-based plans and individual plans bought inside or outside the Marketplace.

Note: Some states and plans use different maximum coverage ages. Check with your plan to find out how long an adult child can stay on your plan.

I’m available to assist people in navigating the HealthCare.gov portal. I do this for people at no cost to them. After you are safely enrolled in Obama Care (so you won’t have to pay the penalty) we can then get all those other exposures taken care of for you (like helping you to be able to pay those Obamacare high deductibles, etc.). Again, I don’t charge you for that either, the companies that I recommend you for products that you determine meet your needs, pay me a commission.

I will even help people to re-enroll this year; doing this on your own can create problems as some of my clients found out last year. Again, I don’t charge for this service and I work with you by having you share my computer screen so you can do this without leaving your home.

I’m scheduling time now with clients so I can help them when enrollment opens. I’m licensed in WI and MN but I will only work with people in Minnesota who are past clients or referred to me by a client.

Call and leave your name and phone number at 888-241-4031 if you are interested.

Terry Scott

Health and Life Insurance Agent

Call: 888-twentyfour 1- forty 3 and 1