health insurance dependent age increase

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Private Health Insurance Changes: Adult Dependents up to 31

The 20-21 federal budget determined that the dependent age limit should be increased from 24 to 31 years. Although the changes were originally set to come into effect on the 1st of April 2021. Most insurers took a slow approach to the bill. Now, you may be able to keep your adult children as dependents on your private health insurance until they turn 32 years old depending on who you’re insured with. This decision was made as more individuals in this age range are expected to stay in education and live in their parental homes for longer.