Depending on his or her specific needs, a special needs child turning 18 could require significant health care or need no immediate coverage. Some parents have health insurance that covers their child with special needs if the child is still living at home due to significant disability. However, each health insurance company’s definition of a disability may or may not match the Social Security Administration’s definition (making it possible to receive federal disability benefits without qualifying for private insurance), the insurer may not offer coverage for the specific drugs or services the child requires, or it may not offer coverage for adult children with disabilities at all, making it all the more important to review the family insurance policy to determine what further coverage a child’s condition requires.
- Social Security Disability and The Americans with Disabilities Act
- The 6 Things You Should Think About Before Retiring
- Estate Planning Is Vital for All, Regardless of Asset Level
- What the Federal Long Term Care Insurance Program Means for You
- How to Plan for Short Term Disability
- Buying Special Needs Housing? Use These Tips!
- Elville and Associates to Host Series of Estate Planning Workshops October 22nd – 24th in Columbia/Ellicott City
- Why Wealthy Retirees Don’t Spend Their Money
- Meeting with Family About Elder Care
- Elville and Associates’ 2019 Annual Client Event — “What Families Need to Know about Planning for Loved Ones with Disabilities”