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Why is keeping children on parent's plan till 26 so popular?

Posted on 3/7/17 at 8:16 pm
Posted by Cali 4 LSU
GEAUX TIGERS!
Member since Sep 2007
6507 posts
Posted on 3/7/17 at 8:16 pm
I mean, I get why it's a good thing but if any costly portion of the plan should be given up, wouldn't it be that? If a person can't secure a decent job by the age of 26...isn't that a little late? Even if someone goes to college, they are done by that time. What is going on with this particular part of the plan? Is it even a costly part of the plan? One would think not since 26 y/o are usually young & healthy.
Posted by joeytiger
Muh Mom's House
Member since Jul 2012
6037 posts
Posted on 3/7/17 at 8:18 pm to
I can't figure that out either. If you are 26 and still sucking from your mom's teet, you have already failed at life.
Posted by graychef
Member since Jun 2008
28340 posts
Posted on 3/7/17 at 8:18 pm to
(no message)
This post was edited on 3/8/21 at 11:27 am
Posted by mahdragonz
Member since Jun 2013
6939 posts
Posted on 3/7/17 at 8:18 pm to
Yet another reason Obamacare will never be repealed.

Republicans benefit too much from it and this is a perfect example.

Ask people if you know if they do this and then ask them why they raised lazy children.
Posted by Bunk Moreland
Member since Dec 2010
53431 posts
Posted on 3/7/17 at 8:19 pm to
Settle down. I think I was on my mom's sweet teacher insurance while in law school. There are some situations where it makes sense.
Posted by Turbeauxdog
Member since Aug 2004
23196 posts
Posted on 3/7/17 at 8:19 pm to
The thing is 99 percent of 26 year olds should be on catastrophic plans with 10k plus deductibles. Not on these ridiculous cover everything plans.
Posted by ehidal1
Chief Boot Knocka
Member since Dec 2007
37136 posts
Posted on 3/7/17 at 8:21 pm to
It needs to cut off at 20 and to 25 if a full time college student only
Posted by mahdragonz
Member since Jun 2013
6939 posts
Posted on 3/7/17 at 8:22 pm to
quote:

Settle down. I think I was on my mom's sweet teacher insurance while in law school. There are some situations where it makes sense.


This is what all lazy people say.

Explain why my money needs to subsidize some healthy young man who can get a job and not stay on mommy's titty.
Posted by Mulat
Avalon Bch, FL
Member since Sep 2010
17517 posts
Posted on 3/7/17 at 8:23 pm to
quote:

Millennials


Safe Places
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66446 posts
Posted on 3/7/17 at 8:24 pm to
Lot of dumb fricks in here that think the job market is the same as it was in the 80s.

Most good jobs now require a year or two of apprentice, unpaid work. So now you're 24 or 25 when you make your first full time salary. Not exactly easy to get fully on your feet, financially, especially if paying off student loans.
Posted by Ramblin Wreck
Member since Aug 2011
3898 posts
Posted on 3/7/17 at 8:25 pm to
Michael Berry had an expert on his show this evening explaining the details of the new plan, both positives and negatives. Though it is a bit ridiculous, to cover children until they are 26 only makes up about 1% of the costs.
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
11458 posts
Posted on 3/7/17 at 8:26 pm to
Heck if I know, everything else is either 18 or 21. Is foolhardy and will be blasted for saying so
This post was edited on 3/7/17 at 8:27 pm
Posted by mahdragonz
Member since Jun 2013
6939 posts
Posted on 3/7/17 at 8:28 pm to
quote:

Lot of dumb fricks in here that think the job market is the same as it was in the 80s.

Most good jobs now require a year or two of apprentice, unpaid work. So now you're 24 or 25 when you make your first full time salary. Not exactly easy to get fully on your feet, financially, especially if paying off student loans.


Maybe people got better jobs in the past because they worked harder in the 80s than now.

Anyone with half a brain cell can walk into a construction company and get a job with insurance working on the side of the road.

But but but today things are harder mommy...make others pay...wah wah, I hate obamacare except my snowflake self benefits.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 3/7/17 at 8:29 pm to
quote:

This is what all lazy people say.

Explain why my money needs to subsidize some healthy young man who can get a job and not stay on mommy's titty.



Lookie at the lib pretending to be fiscally responsible.
Posted by Ingloriousbastard
Member since May 2015
917 posts
Posted on 3/7/17 at 8:30 pm to
A) Because most parents probably don't care to pay the extra premiums (they typically aren't that high). B) The extra money is pretty good for insurance companies because they collect premium on a group of people who are highly unlikely to have claims that are higher than the collected premium. C) Younger people get to have coverage during the years when they are trying to figure their shite out. It's the rare situation where it's a win for pretty much everyone involved.
This post was edited on 3/7/17 at 8:35 pm
Posted by mahdragonz
Member since Jun 2013
6939 posts
Posted on 3/7/17 at 8:30 pm to
quote:

Michael Berry had an expert on his show this evening explaining the details of the new plan, both positives and negatives. Though it is a bit ridiculous, to cover children until they are 26 only makes up about 1% of the costs.


NPR and PBS make up less than 1% of the budget and people moan about throwing that away.

Now explain to me why I should pay for a healthy young person who is too lazy to get a job until they are 26?
Posted by Bunk Moreland
Member since Dec 2010
53431 posts
Posted on 3/7/17 at 8:31 pm to
mahdragonz =

This post was edited on 3/7/17 at 8:34 pm
Posted by Ingloriousbastard
Member since May 2015
917 posts
Posted on 3/7/17 at 8:32 pm to
This is inherently stupid, and shows your lack of undertstanding for how insurance works. Under 26 is a group that insurance companies want. They claim less and help lower premiums for older people.
Posted by Cali 4 LSU
GEAUX TIGERS!
Member since Sep 2007
6507 posts
Posted on 3/7/17 at 8:32 pm to
quote:

There are some situations where it makes sense.


I agree with that. Not sure how many people but most would be out of college with a job by then. Good point though.
Posted by Cali 4 LSU
GEAUX TIGERS!
Member since Sep 2007
6507 posts
Posted on 3/7/17 at 8:33 pm to
quote:

The thing is 99 percent of 26 year olds should be on catastrophic plans with 10k plus deductibles. Not on these ridiculous cover everything plans.


Excellent!
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