For recent college graduates the idea of health insurance may not be at the forefront of their concerns at the present time, but the good news for young men and women who have recently exited college over the past few weeks is that laws that reformed our health care system allow them to remain on their parents’s health insurance policy until the age of 26, which may be beneficial particularly since many of these students could enter into a job market where either full-time opportunities for employment are unavailable or jobs that offer some form of health insurance coverage are simply not open at the present time. However, there may be some situations where these graduates must consult insurance agents in the hopes of getting a personal health insurance plan, as there are graduates who aren’t in a position to either stay on their parents’s insurance policy or for nontraditional students who may be older, this could also be an option as well.
Essentially, graduates who are in need of healthcare outside of their parents’s policy may either have to look for these individual health insurance plans because they have relocated and providers that happen to be in the health insurance network of their parents are unavailable or, again, if a graduate is over the age of 26 as there are some cases where students who have recently exited college with graduate degrees may also find themselves in a situation where insurance could be needed but unavailable from their parents.
Yet, one of the advantages of young men and women who may be in need of health insurance typically surrounds the fact that they may not need as much coverage as an older individual, which could open up options for more affordability and coverage as well. As an example, students who are in relatively good health will usually be in a position where they can either find more affordable health insurance costs if a personal health insurance plan is needed or some may simply be able to choose a high deductible insurance plan as a way to avoid excessive monthly premium payments, but also get coverage in case an emergency worker rise.
While it will depend on the college graduate as to the cost of their personal health insurance plan, these individuals who are looking for comprehensive coverage or maybe minimal coverage at best will, again, usually find that since preexisting conditions, youth, and good health are on their side, they could find the affordability that will allow them to cover their health care needs without financial strain. There are, though, these high-deductible plans that could also be helpful for recent graduates as a short-term health insurance plans can cover medical bills in case a catastrophic emergency were to arise, but also, can offer affordable monthly payments for those who have recently graduated and looking for a stable employment opportunity. It will be necessary to compare offers in a student’s state and related to their particular needs, but it’s likely that even those who can’t remain on a parent’s health insurance plan will be in a position to find some form of helpful coverage.