Over the next few weeks, California college graduates will walk across the stage to receive their diplomas. While grads have much to contemplate as they plan their next steps, health insurance is an important factor to consider.
Graduates who were on a student health plan during college might lose their coverage after graduation. If you lose your insurance after graduating, you have 60 days to enroll. With options offered by the Affordable Care Act, recent grads can still obtain coverage. Some grads may be eligible for Covered California while others may qualify for California’s Medi-Cal program. Remember, if you don’t have health insurance, you may be fined when you file your income tax returns.
Many young people will receive financial help to lower the cost of insurance; almost half end up paying less than $50 a month. This small investment can help to provide access to preventative care, health screenings, and emergency medical care.
As you celebrate your graduation, review the goals you have for yourself and your family, and remember that an investment in your health is a valuable gift you can give yourself as you embark on your next adventure.
Tanir Ami, Chief Executive Officer
OLE Health
