Some Parents May Encounter Constraints To Extended Coverage For Adult Children.

The AP (5/5, Murphy) reports, "The most valuable college graduation gift your child receives this spring might come from a health insurer. The health care overhaul calls on insurers to extend coverage for dependents on a parent's health insurance plan to age 26." Under the law, "the extension is effective for the first plan year on or after Sept. 23." But, "waves of insurers have recently announced extensions that start much sooner, in part to keep young adults from hitting coverage gaps that arrive when they finish school." The AP notes, however, that "these voluntary extensions come with a host of qualifications. Whether your child gets one also can depend on your employer."