What You Need To Know About Insurance College

Introduction

When a student first enters college, they may wonder what they can do in order to keep or obtain their insurance college. Health insurance is very important to people of every age. It can be the difference between getting a bill from the hospital that totals $10,000 for not having insurance and a bill totaling $2,000 with insurance. This can make all the difference since most college students are already on a budget since they are paying the cost of their higher education. There are many ways to make sure you have the insurance college that you need.

Staying on Parent's Insurance Plan

One option for a lot of students first entering college is to stay on their parent's health insurance plan. This insurance college is a great way to simply continue the coverage that you had while you were still in high school. It is often not an issue for parents to keep their kids on their insurance plan since they were on it before and the cost has already been accounted for. There are some factors that may make this no longer possible though. Students will need to make sure that you are eligible to receive their parents insurance college.

In the past if a student dropped out of college, got married, or moved away from home they were no longer eligible for coverage on their parents health insurance plan. With the passage of the new health care bill a student can still be covered by their parents regardless of these circumstances. This makes insurance college obtainable to a larger group of students who would have been left without it in the past.

Other Insurance Options

There are many other insurance college plans that are available to students who are in need of health care coverage. One possible option is to check with their school and see if they work with any insurance college providers to get their students coverage. This is often in the form of catastrophic insurance in case a student needs to go to the hospital or emergency room. These often do not cover everyday medical expenses like doctor visits or medications. This is only a good option for those students who do not need insurance college on a recurring basis.

Looking for private insurance is also an option that students may want to explore. This is often the most expensive route with plans costing hundreds of dollars every month. This is only suggestible as a last route if no other options fit the students needs. Some of these plans can also be made cheaper if they cover very little such as hospital stays or have a very high deductible.

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