Skip to comments.Students' health insurance costs could go up
Posted on 11/06/2013 5:41:38 AM PST by Oldeconomybuyer
Students on the University health insurance plan may see an increase in premiums, a change in benefits or even closure next year in the wake of the Affordable Care Act.
So whether or not there will be a student health insurance program next year is going to be really dependent on a really simple question: Can we offer an equal or better plan for less? said Rick Curtis, director of Curry Health Center.
Since 2010, the student program has faced declining enrollment and higher monthly premiums.
Enrollment in SHIP declined sharply with the passing of health care reform in 2010, Curtis said. As people under the age of 26 became able to stay on their parents dependent plans, students left the school plan.
It was a good move for the students, Curtis said, but that left the University program with a smaller pool of customers to pay into coverage. That is an essential element of health insurance having enough healthy people paying premiums to cover the cost of insuring those who need major treatment.
(Excerpt) Read more at montanakaimin.com ...
No, no, no - no one’s insurance rates will go up.
Have you see the jump in prices at the grocery stores lately. Many items jumped any where between 20 to 30 % at our local Walmart. One example I noticed was a package of Austin snack crackers jumped from $1.98 to. $2.50 in a matter of days. Same package.
Why do traditional age (late teens early 20’s) college students need college health insurance? THE LAW says that their mommies and daddies need to cover them till they are 26.
Seriously, my kids had a very decent low cost college policy. They paid roughly $20 for a trip to the student health center, including prescription.
The policy was reasonable, but naturally had specific exclusions which ObaMao wouldn't permit-- no coverage for substance abuse or STDs, two of the biggest cost drivers in student insurance policies and two which are 100% preventable.
Not everyone’s mommy and daddy are around and/or have a job.