For sure you want to enroll into a college after graduating high school - you've earned your diploma, now take it to the next level! Many times when a child reaches the age of 20, they are no longer covered by their parents' insurance and this can lead to a troubling situation if they are not working and just strictly going to college. Health insurance plans, though, are available at many colleges. You do need to consider a lot of things and probably have a few words with your child before choosing one of these insurance plans.
It all depends on the school your child plans to attend when evaluating the potential college health insurance benefits. Do not make the mistake of thinking that these policies are free of charge. Yes, it is true that your child does not need to pay for his or her routine checkups, but more specialized visits and lab tests would not be administered gratis. In most cases, your benefits would only cover as far as the campus clinic, hospital or health center could go. You risk paying a high deductible should your child need to see an outside specialist - this too could drop your child's coverage up to seventy percent - ouch!
If you have a pre-existing condition, then you may have a problem with getting treatment at the college health center. Your coverage may be limited if you still may qualify for a college health insurance plan (this is still possible), as your pre-existing illness will not be part of the benefits you will receive. This could open up a huge can of worms if your child encounters complications due to said condition.
No insurance plan is identical to the other, so make sure you research or help your child do the same about his/her college's plan. One thing you may want to research on is whether the plan would have you covered in the summer months when there are no classes. This can pose a huge problem if you may become sick or get into an accident during summer break, only to find out that your insurance does not kick in during vacation. Many colleges have coverage during summer break, but some do not.
Read between the lines and read up on every minutiae of the plan. Are you confined by an HMO, or can you and your child have your pick of providers? This can play a part in emergency situations, where you may be hospitalized and find your parents paying a humongous medical bill as they learned after the fact that the hospital you were rushed through is not covered in the plan.
There really is no definitive answer as to whether you should or shouldn't commit to getting college health insurance. Be sure that you understand your plan fully so that no problems can arise in the event of an emergency. While this insurance does not come for free, it could save you and your folks some money in case of illness or accidents.
It all depends on the school your child plans to attend when evaluating the potential college health insurance benefits. Do not make the mistake of thinking that these policies are free of charge. Yes, it is true that your child does not need to pay for his or her routine checkups, but more specialized visits and lab tests would not be administered gratis. In most cases, your benefits would only cover as far as the campus clinic, hospital or health center could go. You risk paying a high deductible should your child need to see an outside specialist - this too could drop your child's coverage up to seventy percent - ouch!
If you have a pre-existing condition, then you may have a problem with getting treatment at the college health center. Your coverage may be limited if you still may qualify for a college health insurance plan (this is still possible), as your pre-existing illness will not be part of the benefits you will receive. This could open up a huge can of worms if your child encounters complications due to said condition.
No insurance plan is identical to the other, so make sure you research or help your child do the same about his/her college's plan. One thing you may want to research on is whether the plan would have you covered in the summer months when there are no classes. This can pose a huge problem if you may become sick or get into an accident during summer break, only to find out that your insurance does not kick in during vacation. Many colleges have coverage during summer break, but some do not.
Read between the lines and read up on every minutiae of the plan. Are you confined by an HMO, or can you and your child have your pick of providers? This can play a part in emergency situations, where you may be hospitalized and find your parents paying a humongous medical bill as they learned after the fact that the hospital you were rushed through is not covered in the plan.
There really is no definitive answer as to whether you should or shouldn't commit to getting college health insurance. Be sure that you understand your plan fully so that no problems can arise in the event of an emergency. While this insurance does not come for free, it could save you and your folks some money in case of illness or accidents.
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