Navigation Links
MVP Health Care Eliminates Potential Health Insurance Coverage Gap for Many Young Adults
Date:4/27/2010

Proactive measure will help parents keep their children insured until new provisions of health care reform law take affect

Schenectady, NY (Vocus) April 27, 2010 -- MVP Health Care announced today that it is taking steps to prevent a gap in health insurance coverage for many young adults in New York, Vermont and New Hampshire.


MVP’s action means that dependents up to age 26 who are currently covered on their parents’ health benefit plans will retain their coverage until the dependent coverage provisions of Federal health care reform take effect beginning in September.

Each year, especially around June following college graduations, many young adult college students who have been covered on their parents’ health insurance plans through student waivers "age off" their parents’ policy. Federal Health care reform legislation, signed into law last month, addressed this issue by extending the dependent age for coverage to 26. This new law, however, applies to policy renewals after Sept. 23, 2010. As such, many dependents would have faced a coverage gap during the months before this provision is fully implemented, which could take as long as a year in some cases.

"This is the right thing to do, and it is something we can do now,” said David W. Oliker, MVP Health Care President and CEO. “Realizing that this component of health care reform legislation would not be phased in for several months – after many young people lose their coverage because of their age, student status, or other factors – we concluded that it was vital to close this gap and extend coverage.”

“By making this change in advance of the law, we can ensure that many young people who are currently covered on their parents’ plans are able to hold on to their coverage and access the care they need,” said William Little, MVP Health Care vice president for Vermont.

“Protecting access to quality, affordable health care benefits for our members is always a priority,” said Chris Henchey, MVP executive vice president and Chief Operating Officer. “Thousands of young adults are set to graduate from college over the next few weeks throughout New York, Vermont and new Hampshire, and we’re pleased to be able to continue to offer them coverage.”

Founded in 1983, MVP Health Care is a regional, not-for-profit health insurer based in Schenectady, N.Y. Through its operating subsidiaries, it provides fully insured and self-funded employer health benefits plans, dental insurance, and ancillary products, such as flexible-spending accounts, to 750,000 subscribers in New York State, Vermont and New Hampshire. For more information, visit: MVP Health Care.

###

Read the full story at http://www.prweb.com/releases/MVP-Health-Care/health-care-reform/prweb3933484.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Related medicine news :

1. Allergy Treatment from Absolute Health Provides Allergy Elimination as Opposed to Allergy Prevention
2. HealthEquity and First HSA Partner To Extend Industry Leadership
3. Doggie-Bags Addresses a Public Nuisance and a Serious Health Issue Caused by Exposure to Dog Waste
4. Healthy Diet From Down Under To Help Brits Shape Up For Summer
5. Brown Rice Tied to Better Heart Health in Study
6. Four Unhealthy Behaviors Linked to Premature Death
7. Scientific meeting will host new research in childrens ear, nose and throat health
8. Domestic violence victims have higher health costs for years after abuse ends
9. National Awareness Month Used to Promote Communication Health of an Aging America
10. Antidepressants May Improve Heart Health
11. CA Dental Hygienists' Association to Provide Care to Thousands of Uninsured at Southland's Largest Free Public Health Clinic
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
MVP Health Care Eliminates Potential Health Insurance Coverage Gap for Many Young Adults
(Date:2/5/2016)... ... February 05, 2016 , ... Looking for a last-minute Valentine’s Day ... tips of your toes. Foot massage, whether administered by a professional masseuse or a ... The American Board of Multiple Specialties in Podiatry (ABMSP) has taken the ...
(Date:2/5/2016)... Florida (PRWEB) , ... February 05, 2016 , ... ... non-profit organization devoted exclusively to funding innovative lymphoma research and serving the lymphoma ... – is poised to once again host, Swirl, A Wine Tasting Event at ...
(Date:2/5/2016)... ... 05, 2016 , ... The American public tends to feel uncomfortable about drinking ... regular municipal or well water. The recent experience with lead contaminated water in Flint, ... long way toward increasing public acceptance of recycled waste water as drinking water. ...
(Date:2/5/2016)... ... February 05, 2016 , ... Boar’s Head Brand®, one of the ... this weekend’s Big Game. Take the stress out of your party preparation – follow ... happy at every stage of the game. , “The key to hosting a successful ...
(Date:2/5/2016)... (PRWEB) , ... February 05, 2016 , ... Dr. Justin ... announce their 2nd Annual No Cost Dental Day to individuals in need. The event ... purpose of this No Cost Dental Day is to provide dental care to community ...
Breaking Medicine News(10 mins):
(Date:2/4/2016)... Feb. 4, 2016  Edwards Lifesciences Corporation (NYSE: ... structural heart disease and critical care monitoring, announced today ... (ASR) agreement with Morgan Stanley & Co. LLC to ... is part of the Company,s previously authorized program to ... stock.  --> --> ...
(Date:2/4/2016)... , Feb. 4, 2016 Wegener ... Global Markets Direct,s, ,Wegener Polyangiitis - Pipeline ... Wegener Polyangiitis,s therapeutic pipeline. This report provides ... Polyangiitis, complete with comparative analysis at various stages, ... (MoA), route of administration (RoA) and molecule type, ...
(Date:2/4/2016)... -- Omnicell, Inc. (NASDAQ: OMCL ), a leading provider of ... announced results for its fiscal year and fourth quarter ... --> GAAP results: Revenue for the fourth quarter ... 4.1% from the third quarter of 2015, and up ... 2014. Revenue for the year ended December 31, 2015 was ...
Breaking Medicine Technology: