Student Health Insurance
College student life is a time of transition. Most family health plans require adult
children over the age of 18 to carry a full time load of classes, and be under the
age of 23 to remain on the family health insurance. When shopping for a Student
health insurance policy for you and your family, it pays to shop around and get
multiple rate quotes from different companies. College students, may not be covered
on their family's health insurance policy, assuming they live away from home. If
this is the case then it's time to look into student health insurance.
Health insurance for college students is something that every family with a college
student away form home should have. College students actually have a high rate of
injury, and viruses can spread quickly through college dorms.
Fortunately, the cost of student health insurance is very reasonable. A college
student away from home without health insurance can easily spend more money on health
care for the flu or a broken arm than the cost of a student health insurance policy
itself.
Parents looking for student health insurance usually have two options: an independent
individual policy from a private insurer (such as Blue Cross Blue Shield, Golden
Rule, Humana etc. ), or the standard college student health insurance package offered
by the school. (Not all schools have these, but most do.)
The school's student health insurance policy may be the less expensive option, but
the terms of coverage will likely be less flexible. An individual health insurance
policy from a private insurer for college students will probably offer more coverage
options, but may cost more out of pocket.
In either case, coverage is very reasonably priced, and it's not a bad idea to comparison
shop. Don't just go with the first policy the school offers.