White House rules young adults to remain covered by their parents’ health insurance policies up to age 26

Rules Let Youths Stay on Parents’ Insurance
By ROBERT PEAR
New York Times
May 10, 2010

The White House issued rules on Monday allowing young adults to remain covered by their parents’ health insurance policies up to age 26.

The promise of such coverage has attracted great interest. Employers and insurers say they have been flooded with inquiries.

Under the rules, an employer-sponsored health plan or a company selling individual insurance policies must offer coverage to subscribers’ children up to the age of 26, regardless of whether a child lives with his or her parents, attends college, is a dependent for income-tax purposes or receives financial support from the parents...