Student health insurance is very important for every post-secondary student to carry. In fact, it is offered by practically every college and university. Most colleges even make carrying health insurance a pre-requisite for enrollment. They sometimes require that their students carry the policy endorsed by the school only. For those students lucky enough to attend a school that allows them to carry the health insurance of their choice, there are many good options available if you take the time to shop around.
You might be asking yourself why you should even bother looking for individual student health insurance. Here are the top 3 reasons.
1) You can save a lot of money by doing so.
2) It allows you to get a policy that fits your needs and preferences.
3) You don’t have to pay for coverage you will never use.
If you happen to be a very healthy student who does not use healthcare providers on a regular basis, you may find that you can save a significant amount of money by opting for individual student health insurance coverage. School sponsored student health insurance plans are similar to group insurance in that rates are set according to the average needs of the students at the school. Therefore the healthier students help to pay for the ones who are not as healthy. Individual student health insurance is a more affordable medical insurance option because it is based only on your health and history. You can also make adjustments to the individual policy to further reduce the premiums you pay.
Individual student health insurance allows you to choose a policy that fits your needs. The college’s plan may be an HMO, or Health Maintenance Organization, that restricts the healthcare providers you can see to only ones that belong to the plan. If you have your own physician and it is important to you to be able to see him or her, you may want to opt for a plan to which he or she belongs, or a PPO that allows you the choice of who you want to see.
You may also find that school sponsored health insurance plans offer coverage that is too comprehensive for your needs. If you rarely, if ever, get dental care beyond basic preventative care; have no need of vision coverage and almost never take prescription drugs, you do not need to carry these types of coverage. Self-insurance, where you take the risk of not carrying this type of coverage, is a very economical way to go. There are also discount cards and other types of discount plans that are available to help with such costs, should you encounter them.
Individual student health insurance plans are easy to find and offer good yet affordable medical insurance. After checking the policies and guidelines of your school in regards to health insurance coverage, take some time to learn about the different types of coverage available and the different plans out there. Make your choice only after carefully comparing a variety of quotes from different insurers who offer student health insurance.
Get a free online quote from multiple insurance companies at once by using the quote tool found at our website.