Since publishing the first article in our Health Care Reform Series, Coverage of Children to Age 26, newly released information clarifies one of the questions in the article.
Here is what was originally published on April 14, 2010:
Q.5 How much can an employer plan charge for this coverage?
A.5 It appears that an employer can choose whether or not to subsidize the coverage for adult children.
Here is the most recent information available to answer that question:
Q.5 How much can an employer plan charge for this coverage (for adult children to age 26)?
A.5 New IRS guidance clarifies that the health coverage provided to dependents cannot vary based on the dependent's age (except for children who are age 26 or older). This means, among other things, that the employer can't charge an employee more to cover these newly eligible children than the employee is charged to cover younger children.
Click here to read the entire article.
Click here to view all articles in our Health Care Reform Series.
