By McKay Moravick
Turning 26 is a big milestone, especially when it comes to health insurance. Many young adults
find themselves needing to get their own health coverage as they age off of their parent’s plans.
At Boettcher Insurance Agency, with over 25 years of experience as an independent agency, we
specialize in helping our clients navigate these changes. Here’s a brief guide to understanding
your options and making the best choice for your health insurance needs as you turn 26.
Under the Affordable Care Act (ACA), health insurance companies are required to cover
dependents on their parent’s plans until they turn 26. This means that most young adults will
lose their coverage right after their 26th birthday. Whether you’re covered by your parents
Marketplace plan or a job-based plan, the process for securing new insurance can vary.
If You’re Aging Off a Parent’s Marketplace Plan
For those on a parent’s Marketplace plan, coverage typically continues until December 31 of the
year you turn 26. To ensure continuous coverage, apply for your own Marketplace plan during
the Open Enrollment period (November 1 – January 15). And to avoid any coverage gaps, make
sure to act by December 15 to have your new plan start on January 1. Your parents will also
need to update their application during Open Enrollment to show that you will no longer be on
their plan next year.
If You’re Aging Off a Parent’s Job-Based Plan
Coverage from a parent’s job-based plan usually ends the month you turn 26. But, losing
coverage qualifies for a Special Enrollment Period (SEP) which allows you to enroll in a new
plan even if it’s outside the regular Open Enrollment period. This gives you a 60-day window
before and after your coverage ends to secure new insurance. At Boettcher Insurance Agency,
we can help you understand your options and find a plan that fits your needs and budget.
Additional Considerations
When selecting a plan, consider your current and future health needs. For example, if you’re
planning to start a family or have an ongoing medical condition, you may need a plan with
comprehensive coverage. Our team can help you evaluate your options and choose the best
plan for your situation.
At Boettcher Insurance Agency, we use our 25 years of experience and independent status to
offer personalized advice and support as you transition onto your own health insurance plan.
Turning 26 is a big step, and with our guidance you can secure the coverage you need for this
new chapter of your life. Contact us today to learn more about how we can assist you in finding
the right health insurance plan