Is there a way to have health coverage for your parents (or inlaws) on your policy? We're a couple in our late 20s with a dependent also. Thanks for your insight!
2007-12-06 02:32:42 · 4 answers · asked by EXACTLY 2 in Business & Finance ➔ Insurance
No, you can't add your parents as dependents to your group policy, but you CAN try to buy them a private policy. If they're 50 and healthy, it will likely cost about $650 a month.
2007-12-06 03:09:19 · answer #1 · answered by Anonymous 7 · 2⤊ 1⤋
I've never heard of an employer permit parents to be added as a dependent on medical benefits. (And I've seen benefit plan designs from thousands of employers nationwide.)
You can purchase a private policy for them, but be forewarned that it will likely be expensive. Even if they are perfectly healthy, they'll still have a hefty premium due to the age risk.
2007-12-06 11:24:47 · answer #2 · answered by sarah314 6 · 0⤊ 0⤋
MB is correct. If the parents are without major health problems, they can apply for individual health insurance.
2007-12-06 07:24:39 · answer #3 · answered by kittie_in_ca 3 · 0⤊ 0⤋
MB is totally right! Unfortunately, you can't list them as dependents on your plan - it'd be nice, but it doesn't work that way.
2007-12-06 10:08:13 · answer #4 · answered by zippythejessi 7 · 0⤊ 0⤋