If you’re packing a child off to college this summer, the extra-long sheets and shower caddies can wait. Health insurance should be at the top of your to-do list.
1. Offers at the School
Many private colleges and public universities require full time residential students to have health insurance, or require students to join their own school plans. However, if you don't need the schools plan, you must obtain a waiver ever year to avoid the insurance fees.
2. Family Health Plan
If you are lucky enough to be on your family plan, dependents can be covered up until age 26 under the ACA (Affordable Care Act). No matter what, you need to do the research to find out if your college only allows their inside health plans, as some colleges do.
3. What we found
It does not matter what health insurance you have, full time students can go to any university health center for primary care services for a $10 co-payment, just by virtue of being students. This is covered by a mandatory student activity fee.
4. Larger health needs
If you require surgery or a long stay in the health center, most universities will require you to have out of network health insurance. Always talk to your health insurance provider on your local options when you are away from home, and what facilities cover your insurance.
5. Possible health plans
If you are student who needs to buy his/her own health insurance plans, there are several options. You can purchase your universities student health plan, an ACA plan, or for students with financial needs, Medicaid. Student health plans provide the most coverage because they must conform with the most requirements of the ACA.
6. Affordable Care Act (ACA)
Students who purchase an A.C.A. plan may be eligible for subsidies. But parents need to be aware that if a student is claimed as a dependent on the parents’ taxes, then the parents’ household income will determine the student’s eligibility for premium subsidies
7. Knowing is Key
Know your options and always check with your local insurance provider on your options when you are away from home.