Graduating? You have health insurance options!
Congrats, graduates! Whether you’re heading into the working world or planning your next move, you have plenty of options for affordable health insurance that works for your lifestyle and budget.
While health insurance may be the last thing on your mind, don’t let it fall by the wayside. You may think that you’re inevitable, but accidents happen. When you least expect it, landing yourself in the hospital is a costly situation. On top of student debt and your coffee shop job, you may find yourself in a less than ideal situation.
Here are your options for getting health insurance post-university!
If you’re under 26, you can get covered on your parent’s health insurance plan.
If you aren’t on your parent’s health insurance plan already, you can do so now! This option is available until you turn 26, and you can join their plan even if you’re married, not living at home, or are financially dependent.
Buy your own health insurance plan.
You may be able to buy your own plan through the Health Insurance Marketplace. If you’re on a low income, you may qualify for savings. If you need health insurance pronto, you may be eligible for a Special Enrollment Period if you get married, divorced, have a baby, adopt a child, move to a new area, or drop your parent’s plan.
Get coverage through Medicaid or CHIP.
In some states, Medicaid covers all adults below a certain income level. If you qualify, you can enroll at any time.
Health insurance can be tricky to navigate. Getting covered is essential not only for your body, but for your wallet as well. If you don’t have health coverage, you may have to pay a penalty.