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Adult children and health insurance: Know the new law’s intricacies

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in Employee Benefits Program,Human Resources

Employer-sponsored health care programs are governed by several federal laws, including the Employee Retirement Income Security Act (ERISA), the Health Insurance Portability and Accountability Act (HIPAA), the Consolidated Omnibus Budget Reconciliation Act (COBRA) and the new Patient Protection and Affordable Care Act of 2010 (PPACA).

The PPACA significantly changes the health care landscape for many employers. Plans must now cover employees’ children until they reach age 26. In 2014, employers will be required to provide health coverage or face possible penalties.

WHAT’S NEW: Some aspects of the PPACA took effect in September 2010. Most significantly, employees’ children are eligible for coverage until age 26. The new coverage requirement affects all plans renewing on or after Sept. 23, 2010.

The new law doesn’t require employers to obtain proof of age of dependents—but it doesn’t prevent employers from doing so, either.

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