Introduction

The New York State Insurance Department released circular letter No. 22 on September 30, 2009. This circular letter reiterates the mandate for all insurers to allow plan sponsors the option to offer coverage to qualifying young adults through age 29 as dependents under family coverage.

WHAT THIS MEANS TO YOU AS AN EMPLOYEE?

Your group health plan may offer the option to increase the maximum age until which a young adult is considered a “dependent” under the policy or contract to age 29. However it’s an employer’s choice whether or not to offer additional coverage. Your employer need not offer this coverage. You must check with your human resources department to see if this type of coverage is available. If so, you may request coverage for your dependent through your group health plan.

WHAT SHOULD I DO NEXT?

If you or a family member has questions about this notice please feel free to reach out to your BenefitsVIP team for assistance. As your employer’s broker, Corporate Synergies will continue to closely monitor this issue and will keep participants informed of any additional changes as they occur.