Extension of family health cover to children until age 31 is timely
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Young people can stay under their parents health insurance until the age of 31 from this year as more are expected to stay in education and live at home longer.
The federal budget extended the age limit from 25 to 31 to help ailing health funds, but experts predict it will also help more young people facing the risk of unemployment in a tougher COVID-19 economy.
The Australian Medical Association hopes the extension of private health insurance cover to 31-year-olds will help boost revenue for hospitals.
Credit:Michele Mossop