New York May Require Longer Coverage for Family Health Plans
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By Michael Quint
Jan. 6 (Bloomberg) -- Group health insurers in New York would have to give parents the option to extend coverage to their children until age 30 under a proposal Governor David Paterson plans to introduce, state officials said.
The proposal would provide young adults “the opportunity to purchase insurance at the much more affordable family/group rate from their parents’ employers,” Paterson said in a statement.
Currently, coverage under a parent’s group plan ceases when a young person graduates from high school or college. New York, with a total population of 19.3 million, has 2.5 million people without health insurance. About 31 percent, or 775,000, of those are 19 to 29 years old, according to Jon Cohen, a senior adviser to Paterson.