Student insurance is becoming a requirement at more and more colleges and universities.
Student insurance is becoming a requirement at more and more colleges and universities.
But when they try to follow the rules, some students find that the insurance plan their college offers isn't enough or that they can't be covered by their parents' health plan anymore. Some people find that their school is not in the HMO or PPO area or is not covered by their parents' plan.
A different option is to buy insurance through a plan made just for college students.
When choosing a plan like this, it's smart to compare the cost of a college-sponsored plan to the cost of other plans and find one that fits a student's life. You might be surprised to find out that a plan offered by your college isn't always the cheapest or most complete option. The plan should also allow for travel and stay in place if a student moves to a different school. Also, the coverage should be in place all year, not just during the school year, and it should be affordable for students.
Experts say that Assurant Health's Student Select policy meets all of these requirements. This permanent, renewable, individual health insurance plan is made just for college students under the age of 30. When they sign up, students must be under 30 years old, but they can keep renewing the plan after they graduate and keep it until they are 65.
Since the policy is not an HMO, you can go to any hospital or doctor you want. No referrals are needed, and there are no penalties for not being in the network.
The plan can be paid for either once a year or twice a year. Credit cards and personal checks are two easy ways to pay that the company offers. With the credit card payment method, you can choose to pay annually or every six months.
If you don't like the plan, you can return the contract within 10 days of getting it and get your money back. If a request to cancel comes in after the 10-day period, the contract says that a refund will be given in parts.
