Companion Life Extends Dental, Vision Coverage to More Young Adults on Parents' Policies - Insurance News | InsuranceNewsNet

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October 5, 2010
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Companion Life Extends Dental, Vision Coverage to More Young Adults on Parents’ Policies

COLUMBIA, S.C., Oct. 5 /PRNewswire/ --  Companion Life Insurance Co. announced today that it will allow young adults up to age 26, regardless of marital status or whether the young adult attends school, to remain covered under a parent's group dental or vision plan.

The change is effective immediately on all Companion Life dental and vision policies nationwide. Previously, coverage was extended to young adults on a parent's policy only up until age 19, unless the young adult was a full-time student.

The change coincides with a requirement in the federal Patient Protection and Affordable Care Act that requires health insurance plans to cover adults up to age 26 via a parent's policy. The federal law does not require dental and vision plans to extend coverage up to age 26, but Companion Life elected to match the dependent-age requirement in health plans to provide added value for policyholders.

"Many young adults who have moved away from home or recently graduated from college do not have access to affordable dental and vision benefits," said J.C. Preas, vice president, field marketing, for Companion Life. "Extending coverage up to age 26 through a parent's policy will allow more young people to get the care they need."

Companion Life offers a variety of group vision and dental plans through small and large employers that are designed with maximum flexibility and value.

Employers interested in Companion Life's group dental or vision plans may call Group Marketing at 800-753-0404for more information.

About Companion Life

Headquartered in Columbia, S.C., Companion Life Insurance Co. (www.CompanionLife.com) has specialized in employee benefits since 1971. The company markets life, dental, disability, accident and specialty health insurance products through a network of independent agents and brokers, general agents and managing general underwriters. Companion Life is licensed in 46 states and the District of Columbia. It holds an A.M. Best Rating of A+ (Superior).

SOURCE Companion Life Insurance Co.

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