If you are a dependent on your parent's tax return - most likely - you are still eligible to be covered by their insurance.
You may not be claimed as a dependent if you will file a joint return unless that joint return is only a claim for refund and there would be no tax liability for either spouse on separate returns.
Let me know if you need any help.
You need to verify if you are still a dependent of your parents.
Please see qualifications here
Then - verify that you will not file a joint tax return or if you will file a joint tax return with your spouse - it will not have any tax liability neither to you nor to your spouse if you file a separate tax returns and you only would file a joint tax return - to claim a refund.
After that - check with your parents about insurance policy - dependents are usually covered till the age 19 or 24 if full time students - but that should be verified.
For tax purposes the age is determined on the last day of the year - so for tax purposes - for 2009 - you are considered as 20 years old.
You would qualify to be claimed as a dependent on your parent's tax return - if you are below 24 AND full time student for 2009.
You are considered a full time student - if you was a full time student at least 5 months during 2009.
If you are not a full time student for 2009 - to be a dependent - your taxable income for 2009 should be below $3650.
If your income above that amount - your parents can't claim you as a dependent. And -
most likely - that still need to be confirmed with your insurance policy - you are not eligible for insurance coverage.
In this situation - the insurance might reject the reimbursement claim and the pharmacy will send you a bill - that you will be responsible.
I think that is over-reaction - there is no fraud - as long as you did not knowingly provide any false information.
Insurance normally ask for supporting documents for child to be a full time student. If you get into the school NOW - by the end of the year you will have more than five months being a full time student and most likely will be eligible for the insurance coverage.
You will not be jailed - but in worse situation - would be responsible for a full payment.
thank you so much, at first i didn't think that this was worth the money but i'm accepting your answer. you helped me out a lot! thank you for the reassurance i'm taking care of the bill tomorrow!
Appreciate your warm words.
Please update me with outcome.
I would be glad to help you if any clarification needed.
Otherwise please click the accept button - that is the only way for me to be credited for the work done.