If Affordable Care Act is tossed by SCOTUS what happens to those under 26 & on their parents insurance?

The people who think it is a bad thing to let kids up to 26 stay on their parent's policies are girls who get pregnant. The parent's policy, while it does cover the daughter, will not cover the grandchild. When the baby is born you cannot get insurance just on the baby, and if the baby is a preemie young mommy is now paying a $10,000 per day NICU charge, which can last more than a month. If daughter had purchased her own insurance (which, by the way, is more often than not less expensive than staying on parent's policy) she could have added baby to her policy the day it was born and save the hassle of declaring bankruptcy.

To answer your question, it will probably stay the way it is even if the entire act is rescinded. The insurance companies have had two years to adjust their premiums higher. I almost always would recommend at least checking to see how much you could save by getting off of daddy's policy and getting your own.

No one can predict the future on this, since the courts could change a lot of things. They may void parts of the law but not others, or the whole thing may get tossed out as unconstitutional. An educated guess would be that if the whole thing was void, then the insurance companies would go looking for business, and try to sell new individual policies to those between 19 and 26 who were affected. The parents insurance costs would probably go down as well, since they no longer had the burden of insuring the 19-26 year olds on their policies.

After reading some of the questions on Yahoo Answers, I know believe that allowing young adults to remain on their parents insurance after 19 is a bad idea. Here's why:

1. If a person gets pregnant while on her parent's insurance, she cannot get insurance for her baby. (Women cannot buy health insurance while pregnant, the baby cannot go on the mother's parent's insurance, and no one can buy insurance for only a baby. To get insurance for the baby, one of the baby's parents has to have insurance that is not from a parent, and that insurance cannot be obtained during the pregnancy. Therefore, if the mother was on her parent's insurance when the pregnancy started, then the baby will not have insurance when it is born.

2. The things for which health insurance is most likely to be needed between ages 19 and 26 are things that either are related to mental health or are not needed by virgins (birth control, STD treatment, prenatal care, etc.), and almost no one wants their parents to know that they are seeing a psychiatrist or that they are having premarital sex. As a result, health insurance from a parent is problematic, because it cannot be used without the parent knowing that it was used. Anyone between puberty and 40 needs insurance that is not from a parent, so that they can use insurance without a parent knowing.

To answer your question:

If SCOTUS tosses the entire law, then it goes back to the old limit, which was 19 for non-students and 24 for students, not 19 for everyone.

If SCOTUS tosses only the parts of the law that were challenged, then it does not change.

That will probably be up to the individual insurance carrier. Some of them are keeping those provisions.

How can you dislike Obamacare but like the provision that affects you ? Whats wrong with the rest of it? Suppose your parents did not have group insurance. Would you be opposed to them buying a low cost plan from the insurance exchanges ? Thats what the purpose of the ACA (Obamacare) is, getting everyone insured so they have equal access to a doctor at a price they can afford.

When you ask most people about the affordable care act, most only know about kids being covered until age 26, no pre existing conditions and the mandate that ALL people must buy insurance. Under the old rules, kids could be covered till age 23 and had to be a full time student.

But most people do not know of all of the other advantages to this law.

No more lifetime limits. Even if you have a great policy with your employer, it could be maxed out at 1 million, and if you have a sick child that needs continuous care, or if you were to get cancer, this may not be enough. Had a 16 year old kid in my state that had cancer, his dad's policy with the fire department had 1 million and the hospital told him he needed $500,000 more to treat him, so they had a fund raiser and got $657,000, but in the meantime the kid died.

Tax credits to pay for insurance based on your income and help for out of pocket payments for co-pays and deductibles, if your income is low enough.

End gender discrimination and cover pregnancy. So cant charge women more.

Any rate increase will have to be validated. I read a couple of years ago that an employer in TX insurance rates went up 39% in 1 year, but after he found out that the plan only paid 9% in claims, could not make sense of why.

Rebates to private policyholders and to employers if the insurance company does not pay 80% in claims for private and 85% in employers. Many now spend more for advertising, administrative cost, CEO salaries, so they will have to cut costs. My private policy, Golden Rule has an excess, so in August, they will owe me a rebate on my premium. (This is the reason that most health insurance agents don't like it, since it "could or has already" reduced their commission's on the policies they sell, to meet the 80 or 85% on claims).

Preventive care covered with/out no co-pays, co-insurance and deductibles. Preventive care, especially with annual exams, colonscopy and mammograms can save lives and/or costs down the future if not done. Many with high deductibles, may not get since they cant "afford it".

http://yourhealthsecurity.org/the_new_law

This link outlines all the benefits of the affordable care act.

I hope this does not get repealed, but am afraid it will most likely. They say so many people are against it, but most likely most have no clue what this is except for a few provisions and the "threat" that they will lose their coverage they now have, or that they will now be forced to buy.

Some of it may stay the same, or others dropped, depending on how this comes out. This wont work out if the mandate is dropped, since you must have all people insured, healthy and sick to pay for this, since that is how insurance works, the healthy pay for the sick, which usually one day the healthy then becomes sick, so covered.

If Affordable Care Act is tossed by SCOTUS what happens to those under 26 & on their parents insurance?

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There is no universal answer. Some companies have already stated that they will maintain that provision but that doesn't mean that every company will do the same. Because it will no longer be required by law it will be up to each insurer.

I suggest one to try this site where onel can get rates from different companies: http://insurancetocompare.info/index.html?src=5YAG...

RE :If Affordable Care Act is tossed by SCOTUS what happens to those under 26 & on their parents insurance?

Simple question. Will employers go back to the old max age which was usually 19? Or will they stick with the new 26 since that transition has already been made, and millions of young adults only have insurance because of the new max age. Love or hate the rest of obamacare. I usually can't find anyone that thinks its a bad idea to let kids just trying to get a foothold on life to be on their parents insurance.

Update: PLEASE UNDERSTAND I AM NOT ADVOCATING FOR OBAMACARE, RATHER JUST ASKING IF EMPLOYERS AND INSURANCE COMPANIES WILL STILL ALLOW YOUNG ADULTS TO REMAIN ON THEIR PARENTS INSURANCE UNTIL THEIR 26 BIRTHDAY.

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those human beings would be saved from a existence the place the government calls all the photos and tells granny to take a discomfort pill and die. Its merely the alternative from what you have suggested. agencies would be forced to enable bypass of inner maximum insurance if Obama care is got here upon to be constitutional. many of the agencies have waivers from Obama care at contemporary yet while those waivers run out, hundreds of thousands would be forced to purchase Obama Care.

depends on the employer. my employer had the 26 prior to the law and it will stay no matter what.