Upon graduating college or soon after, it’s likely that people will lose health insurance coverage that was held on a parent’s policy or on a student plan. Unless they become employed full time and assume employer coverage, it’s likely that recent grads will need to find their own insurance plan. Losing coverage can sometimes qualify a member for a special enrollment periods outside the annual dates of enrollment. Additionally, there are several life changes that qualify for open enrollment such as marriage or relocation. If a student remains on a parent held policy, it’s normally ended by the age of 25 or 26 and the months on either side of that birthday are also open enrollment periods. Additionally, buying an insurance plan does not have to be overly expensive if you compare products and manipulate your deductible depending on your risk comfort level.
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How to keep health coverage after college