BIRTHDAY RULE

Today's word: BIRTHDAY RULE
Theme for this fortnight: INSURANCE

         When both parents work and have insurance plans that provide dependent coverage, which plan will provide coverage for the children? Under this coordination of benefits provision the birthday rule will provide coverage for dependents from the policy on the parent who has the earliest birthday in the year. For example, if the mother’s birthday is May and the father’s is December, the mother's policy provides for the children.