What is a collateral dependent child?

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asked Feb 21, 2022 in Insurance by Musafied (940 points)
What is a collateral dependent child?

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answered Feb 21, 2022 by hippomine (1,870 points)
A collateral dependent child is a child that is a blood or marriage related child who resides in the home and is dependent on the insured for a major portion of their support.

Dependent status under the Affordable Care Act is based on the relationship between a child and a health care plan participant.

Specifically, a dependent is an individual who is the son, daughter, stepson or stepdaughter of the employee.

Sponsored Dependent means an individual not eligible as a family Dependent who is related to the Retiree by blood, marriage, or legal adoption and who is a member of the Retiree's household and receives over half of his or her support from the Retiree or surviving Spouse in accordance with the United States Internal.

A dependent is a person who is eligible for coverage under a policyholder's health insurance coverage.

The policyholder is the individual who has primary eligibility for coverage for example, an employee whose employer offers health insurance benefits.

A dependent may be a spouse, domestic partner, or child.

With respect to a parent, means a child, other than a child who is 18 years of age and is a person with disabilities, who resides in the parent's place of residence for more than 50 per cent of each month and relies on that parent for the necessities of life.

To claim your child as your dependent, your child must meet either the qualifying child test or the qualifying relative test.

To meet the qualifying child test, your child must be younger than you and either younger than 19 years old or be a "student" younger than 24 years old as of the end of the calendar year.

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