First, why would you want student health insurance? For one, because you are probably close to getting booted from your parent’s plan. This usually happens between the ages of 19 and 23 (if you’re lucky to stay on it that long).
Also, you should never consider going without insurance. Illnesses and injuries happen all the time when you least expect it, and medical bills can drain your and your parent’s savings accounts to the point of bankruptcy. I’ve seen it happen. Please don’t risk this!
Finally, student health insurance is typically A LOT cheaper than individual and even many group plans. Why? It’s cheaper for many reasons, starting with the fact that students are usually younger and in better health than many adults. Insurance companies feel there is less risk in insuring students than say, older adults who may have a history of illness and injury.
Insurance companies also know that they will only have to insure students for a few years, and the odds of them getting seriously ill or injured during those few years are better odds than during the period of a lifetime. They are willing to insure you for less because it is such a short amount of time.
Also, student health insurance rates are lower because student centers are available on campus. Insurance companies like the fact that fast health care is available 24/7, and therefore are more willing to reduce rates.
It is really easy to get free quotes for student health insurance. When you call, you can ask questions like:
What will my monthly premium cost? What is my deductible? Is there a way I can further reduce these amounts?
Am I covered as a graduate student or just as an undergraduate?
Can I visit health care centers other than those on my campus?
Will my plan cover the sports or other extracurricular activities I participate in?
Will my plan work if I travel out of state? What about out of the country?
Whether you are looking for a student plan or an individual plan, here are other questions you can ask:
Can I see a specialist without a referral?
Does my plan provide for well-visits to a physician?
To find student health insurance, you can ask for available plans at your student health center or through your student services office. However, it is highly recommended that you shop around. You can often find better student health insurance rates on your own, rather than through your school. Calling to get a free quote from a reputable company is one of the best places to start.