Health Insurance for Students
If you are entering or already attending college seeking a health insurance
policy you have a few different options.
You can choose to go with:
- Parents’ Health Plan – with some restrictions, students
can usually stay on their parents' policy if the parents agree to
do so
- Student Specific Policy – policies are available for those
whose school does not offer an option
- Additional Options Available Through Your College or University
Parents’ Health Plan
If your parents are currently insured and you are attending
a college or university, usually the health insurance company will be
willing to extend insurance to you with a few exceptions:
- Must be enrolled full-time
- Usually must be under 24 years of age
Most companies do regular checks to make sure you are still enrolled
full time in school and will not cover your services if they find out
you are not. If your parents' policy will not cover you, there are other
options such as getting your own health insurance policy or purchasing
a plan through your college.
Getting Your Own Policy
This is a great option for those whose parents do not have health insurance
or their insurance will not cover you after age 18. Student-specific
policies are usually pretty affordable and are more flexible than a
policy purchased through your school.
Usually a student specific policy will be more expensive than going
through your school but less expensive than a regular individual policy.
Prices vary based on coverage and options such as dental and vision
care.
Getting a Policy Through Your School
Most colleges and universities offer some sort of health insurance
through their student health center. At some schools its even included
in tuition and fees. Please check with your school's student health
center for specific details.
Samples
Public Schools:
Arizona State University - $448/semester
University of California Los Angeles - $558/year (mandatory)
Texas A&M University -$866/year
Private Schools:
New York University - $581/year
Elon College (N.C.) - $659/year
Pepperdine University (CA) - $895/year
As you can see, policy cost varies greatly by school. However, this
is much cheaper than it would be if you purchased a normal adult health
insurance policy. So if your school offers it, and you cannot utilize
your parents' coverage, you are better off taking advantage of the better
rate.
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