Insurance News


May 29, 2009

State Insurance Department: college graduates need health coverage

Jefferson City, Mo. - As college graduates across Missouri walk off the stage and into the working world, they need to remember their college career may not be the only thing ending - their health insurance coverage may be as well. The Missouri Department of Insurance is reminding graduates and their parents to explore their health insurance options, especially if they don't yet have a job that offers them coverage.

"Avoiding the cost of health insurance may be a tempting prospect for young adults looking to save money," said John M. Huff, director of the Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP). "But the consequences can be devastating for health and finances should a medical catastrophe occur."

 Huff reminds young adults that massive medical bills can result from car accidents, emergency surgeries and a number of other circumstances that may seem unlikely to the average healthy 22-year-old. In addition, health insurers encourage preventive care to detect health problems early, thus avoiding more expensive treatments later. The department offers these tips:

Review Your Health Insurance Needs

Know Your Options

 Employer plans: If you are working, your employer may offer health insurance. Talk with your organization's officer responsible for human resources to determine what plans are right for you. 

Consumers with questions can call the Department of Insurance Consumer Hotline at 1-800-726-7390 or

About the Missouri Department of Insurance, Financial Institutions & Professional Registration

The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) is responsible for consumer protection through the regulation of financial industries and professionals. The department's seven divisions work to enforce state regulations both efficiently and effectively while encouraging a competitive environment for industries and professions to ensure consumers have access to quality products.