Where to find insurance for my son post graduation while job searching?

dznyacct

DIS Veteran

Joined

May 2, 2000

• Nov 18, 2018

• #1

Hi everyone . My son will be graduating in December with a PhD in Physics. He's been so engrossed in finalizing his dissertation for his defense (which he passed with flying colors last week) and working on two articles to be published, that he is just starting his job search. He will be covered under his student health insurance until mid-January. Does anyone have suggestions of where to look for short term health insurance so he has coverage until he finds a job? If it matters, we are in Indiana. Thanks for any help that you can offer .

 

Southernmiss

I am hazed everyday

Joined

Aug 27, 2011

• Nov 18, 2018

• #2

dznyacct said:

Hi everyone . My son will be graduating in December with a PhD in Physics. He's been so engrossed in finalizing his dissertation for his defense (which he passed with flying colors last week) and working on two articles to be published, that he is just starting his job search. He will be covered under his student health insurance until mid-January. Does anyone have suggestions of where to look for short term health insurance so he has coverage until he finds a job? If it matters, we are in Indiana. Thanks for any help that you can offer .

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How old is he? Can he be added to your family insurance through your employer? The age limit is usually in the mid twenties.

Ds 24 was just removed from our insurance as he is now fully employed in his career and married.

 

tvguy

Question anything the facts don't support.

Joined

Dec 15, 2003

• Nov 18, 2018

• #3

How old is he? Up to 26 he can be on his parents work insurance if they have it. He should be able to get ACA under the Indiana plan. Since this is a "change of life" reason, he doesn't need to worry about open enrollment being over. https://www.in.gov/aca/

 

dznyacct

DIS Veteran

Joined

May 2, 2000

• Nov 18, 2018

• #4

Unfortunately adding him to my insurance coverage isn’t an option as he’s older than 26.

 

TheOneWithTheTriplets

DIS Veteran

Joined

Mar 27, 2018

• Nov 18, 2018

• #5

tvguy said:

He should be able to get ACA under the Indiana plan. Since this is a "change of life" reason, he doesn't need to worry about open enrollment being over. https://www.in.gov/aca/

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Ditto this, as the loss of coverage constitutes a qualifying life event, he can get exchange coverage outside of typical open enrollment periods. However, make sure he does so within 60 days of the final date of coverage under the old plan. Any longer than that and he's outside of his window.

 

dznyacct

DIS Veteran

Joined

May 2, 2000

• Nov 18, 2018

• #6

Thanks for the Indiana specific ideas . Does anyone know if there any issues with income requirements if he’s living back with us while job searching? My husband and I make well above the income requirements, but I didn’t know if that would impact our son’s ability to qualify. Thanks!

 

L

LYSE

DIS Veteran

Joined

Mar 5, 2017

• Nov 18, 2018

• #7

His an adult, his parents income doesn't matter...

 

tvguy

Question anything the facts don't support.

Joined

Dec 15, 2003

• Nov 18, 2018

• #8

LYSE said:

His an adult, his parents income doesn't matter...

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Exactly. And while not likely, another thing to keep in the back of your mind is, when he does get a job, there is no guarantee it will include health insurance. So it may not be temporary.

 

TheGecko

Mouseketeer

Joined

Sep 20, 2015

• Nov 18, 2018

• #9

www.healthcare.gov

Best bet...sign up through the exchanges. Insurance is not bad if he qualifies for subsidies.

 

B

barkley

DIS Veteran<br><font color=orange>If I ever have a

Joined

Apr 6, 2004

• Nov 19, 2018

• #10

dznyacct said:

My son will be graduating in December

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dznyacct said:

He will be covered under his student health insurance until mid-January

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PLEASE HAVE HIM CHECK ON THIS-many active and graduating students are under the impression that they have coverage after it's ended. i see it all the time at the local medical provider (it contracts with the university so all the student health insurance patients are seen in the same office my doctor is located in). students assume they are covered over breaks and with some yes, some no-it comes as a big shock to them that summer isn't and if they graduate in fall quarter they're not covered for the winter break that happens in-between the end of fall quarter in december and beginning of winter quarter in january( b/c when they were attending prior to graduation in previous years they were).

in any case-IF HE HAS SCRIPS AND HIS STUDENT HEALTH COVERS THEM, suggest he get the max number of refills before his student coverage ends to cover him (and potentially save money vs. what can be pricey scrip co-pays on many plans).

i agree with having him apply through the health exchange-w/no income he's likely eligible to very low cost if not free coverage (depending on what your state offers).

tvguy said:

And while not likely, another thing to keep in the back of your mind is, when he does get a job, there is no guarantee it will include health insurance. So it may not be temporary.

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even those that offer it often have waiting periods before eligibility kicks in-1st of the month following 90 days seems pretty standard these days.

 

Deb & Bill

DVC-Trivia Contest, Apr-2006: Honorable Mention

Joined

Mar 20, 2000

• Nov 21, 2018

• #11

Maybe through his Alumni Association? Once when both of us were unemployed for a few months I found bare minimum health insurance through my Alumni Association.

 

C

crisi

DIS Veteran

Joined

Feb 25, 2002

• Nov 22, 2018

• #12

Keep in mind that if he is a healthy young person and not into risky sports, he probably can do fine with a high deductible plan. He'll need to be covered for a big emergency, but he'll only likely go to the doctor a handful of times (if that) before he's employed.