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Health Reform for Brokers Employee Communication LinksYou can send the following PDF and Web site link to your clients to educate their employees about dependent coverage changes: Health Reform: Dependent Coverage ExtensionWhat is the dependent coverage extension?An extension of dependent coverage eligibility to age 26 Section 2714 of the Patient Protection and Affordable Care Act The extension does not apply to children of dependents Certain eligibility restrictions will end in 2014 Why is the dependent coverage extension important?More young adults may have access to affordable health coverage A gap in coverage can lead to uninsured expenses and financial hardship Dependent coverage may cost less than individual coverage An important benefit to communicate to your clients How does the dependent coverage extension work?Young adults may be eligible for coverage under their parent's plan The extension applies to plan years starting on or after September 23, 2010 Tax advantages for dependent coverage took effect March 30, 2010 Plans that offer dependent coverage through age 29 may continue to do so Effective September 23, 2010, federal health reform may require changes to your coverage, depending on your plan. |
