Thinking about almost independent children reminds me of a question I wonder about.
When kids have left college and are on their own do you insist that they have medical insurance, and pay for it if need be? I can imagine a scenario where a 22 year old, thinking they're invincible and healthy, would decide that health insurance is an unnecessary cost. This could be a retirement breaker for a parent who would surely step in to pay for some catastrophic event/illness.
Thoughts anyone?
When kids have left college and are on their own do you insist that they have medical insurance, and pay for it if need be? I can imagine a scenario where a 22 year old, thinking they're invincible and healthy, would decide that health insurance is an unnecessary cost. This could be a retirement breaker for a parent who would surely step in to pay for some catastrophic event/illness.
Thoughts anyone?