Image: lesliebyk under CC 3.0
It’s college graduation season. After all the pomp and circumstance, there are still some issues to deal with. If you bought student health insurance with your university, it will probably expire soon.
In this economy, the vast majority of graduates don’t have a job already lined up. Even if you do, you’ll need health insurance to fill the gap before it becomes effective.
What can you do? Individual health insurance is always a good option, but there’s another bright spot: you can stay on or rejoin your parents’ health policy until the age of 27. Although the healthcare reform law doesn’t require that until the end of September, many major health insurance companies have decided to change their rules early. Check with a licensed agent to see if your family’s plan is one of them.