Originally Posted by
liking quilting
Here's another scenario: Our children were born to us later in life. Both are still under age 26 and are on my husband's health ins. plan. He turns 65 this summer. When he goes on medicare, are our kids automatically out of luck? (his health ins. will no longer in in force on that policy number). Just wondering (but I know we must get in touch w/the ins. agent and start asking some questions).
Yes, they will have to get their own policies. We were in the same situation last year.
Edit: If they are in college, be sure to check if their college or university offers a student health plan. My dd was in community college at the time of my dh's retirement, and they did not offer health insurance so she had to purchase a private plan. When she transferred to the university, however, they offered a health plan that costs much less ($400 for one semester that extends to half a year) than the private policy (which went up to $165 per month when she left it).