no. that’s not right. the provision of the health reform law that allows adult children to stay on their parents’ health plan applies to all insurers. the right to keep your adult child on your insurance plan until age 26 is a federal law that went into effect last year as a result of health reform. though there will be aspects of the new law with which self-funded plans will not be required to comply this provision is not one of them. by law you are allowed to keep your adult child on your health plan. other provisions with which self-funded plans will need to comply include preventive services with no cost sharing and no lifetime or annual limits on coverage. if you are a young person looking for health insurance or a parent looking on behalf of your child check out this previous post about finding health insurance for young adults. and for more information about extending insurance to young adults here’s a helpful question/answer write-up by the u. s. department of health and human services.
my company said our plan is self-funded and kids can't stay on their parents’ insurance until age 26. are they right?