It’s graduation time. Do you know where your health insurance? Depending on your health plan, could have gone. For many U.S. students are still covered by parents’ insurance, medical coverage ends at the end of the course will remain to navigate the increasingly expensive and complicated world of health insurance in their struggle to find work. Luckily for some, since 1994, 30 states have passed laws extending the age at which young adults can be dropped from the plan of their parents. In Massachusetts, insurance companies should cover children two years after losing dependent status or until age 26, whichever comes first. In New Jersey, a dependent may remain in the plan of his father until 31, if not married. Connecticut, New York and Maryland, among others, all have similar laws that extend coverage, while California and Washington, DC does not have such laws. Obama’s plan for health care must ensure that children remain eligible for their parents’ plan until age 26. Despite these laws, young adults between 18 and 25 are the age group most likely to be uninsured. According to the Office of the U.S. Census in 2008, 28 percent of Americans between 18 and 24 were uninsured. Given that only 11 percent of children under age 18 lacked health coverage in 2004, this is a precipitous decline of the children who are now entering the age group 18 to 24. The probability of being uninsured decreases with the age of 25 years, and in total, 15 percent of Americans were uninsured in 2008. The Independent spoke to a number of seniors and recent graduates about their attitudes toward their health insurance decisions. In general, most seemed more interested in finding a job in seeking health coverage. What you should know about the health of PlansIn general, average monthly premiums deductible great micro and small means big monthly deductible. A monthly premium is the amount of money you pay per month for coverage. A deductible is the amount of money you must pay out of pocket before the health insurance company starts paying for the costs of medical care. For example, if you have a BlueChoice HSA plan Blue Cross Blue Shield, the deductible is $ 2700 per year. In a given year, you’ll pay $ 2,700 of his own money on medical expenses before Blue Cross will begin to help. So, logically, if you are responsible for paying a large deductible, then you will not be responsible for a high monthly fee, and vice versa. Your out of pocket expenses in a year does not exceed a set amount. One of the most important aspects of health insurance is that even if you have a catastrophic year of medical problems, do not expect to go bankrupt. Say you have been hospitalized and have already paid enough to cover the deductible. BlueChoice plan says that once you have paid your deductible, the hospital only costs $ 600 per day, while Blue Cross pays the rest. However, you will not have to pay more than $ 5,250. Some plans require you to pay coinsurance, once you have met your deductible. Insurance companies can specify a percentage of health expenses you have to pay until you have reached your maximum out of pocket. When you visit the doctor or get a prescription, usually only have to pay a co-payment and the insurance company pick up the rest. A copayment is a fixed amount of money that your health insurance company charges for doctor visits or prescription drugs. Co-payments for visits to specialists cost more than a primary care physician, and co-pays for generic drugs are lower than the brand. If you have the BlueChoice plan, preventive care, such as annual checkups with your family doctor or OB / GYN are totally free, but if you decide to see a doctor for any other reason, you must pay the full cost of the visit until have paid your deductible. After that, you only pay your copayment. You can save money tax free for health care. Health Savings Accounts (HSAs), created in 2003, work like savings accounts for health care expenses. If you have a plan with a large deductible, which is likely to offer an HSA. You can deposit money in the account, before taxes and interest will accrue tax free. You can withdraw money to pay for and complete a long list of “qualified” health care expenses. If you withdraw money for qualified expenses are subject to a fee of ten percent. The type of plan you have to determine to your doctor “of the network.” The visits to doctors outside the network can not be covered by your plan. A Health Maintenance Organization (HMO) plan more restrictive standards, but are usually the cheapest option. You are required to have a primary care physician is in the majority of your appointments and refer you to specialists if necessary. Your plan will only cover visits to doctors who have made specific agreement with your HMO network. Another option is a Preferred Provider Organization (PPO) plan, which does not require that you have a primary care physician and provides a much larger network of approved doctors. You can also choose to see a doctor outside the network, but this will cost more.