As I recall I was on my parents insurance till 22 as long as I was taking a full load in college. After 22 I was on my own but the Army took care of that.
The plan was a major medical policy in that my parents took care of all the basic stuff and the major medical kicked in beyond a certain level. It was what they and their employer could afford.
Today the world is upside down with everyone beginning with an entire panorama of benefits and someone else responsible for paying for them.
Yesterday there was a large AP, of course, story dealing with how Trump’s proposed tax cuts will mostly benefit the top 1% and even hurt some in the middle range. No one takes into consideration years ago EVERYONE with over a mere $600 or so paid income tax at a rate of what was about 15%. I know because I have my returns going back to 1963 and while I was making a few K a year I was paying a good % of income tax. The tax system will NEVER be fixed now as most pay little or no tax and some even get money back after paying no tax, a complete travesty for an income tax.
I really don’t mind the age 26 cut off, especially since the economy is so pitiful for younger employees.
Kids that age only need catastrophic coverage.
A $300 a year plan with a $5k deductible is sufficient. But those don’t exist anymore thanks to Obama.
My youngest kid has a chronic illness that will require that he have full coverage insurance. He’s currently on a treatment regimen with an $11,000 charge every two months. There may be a surgical option that may eliminate that but his doctor wants to hold off.
He’s the one we need to be concerned about.
He’s probably going into a skilled trade and will hopefully land a good job.