As a college student, you may be seeking health insurance. Many students are no longer eligible to be covered through their parents’ plan, yet a great majority may also not have an employer that offers health insurance coverage. So, what are your options?
To Be Covered or Not To Be Covered?
Many young college students may decide to risk going without health insurance coverage at all. They may be lulled into a false sense of security in thinking that young people don’t often need medical treatment.
This, however, can cost you a great deal � both physically and financially. First, being young typically means that you lead a more active lifestyle. Playing sports and being active, although healthy, can also put you at a higher risk for injury.
You may also simply avoid seeking medical treatment for small ailments. Unfortunately, by not getting the attention you need, these small issues could become much more serious. And, what could have been easily prevented can potentially lead to large medical expenses.
Where to Obtain the Student Health Insurance Coverage You Need
There are several options for you to obtain the health insurance coverage that you need. And, although you may have to pay your own premium in some cases, it will be well worth it in the long run.
For those students who are eligible to be carried on their parent’s policy, stay on the plan as long as you are able. In light of the new health insurance reform, you could be eligible to remain on your parent’s policy for even longer than you originally thought.
School’s Health Insurance Plan
If you are not eligible to remain on your parent’s policy, check with your school. Many colleges and universities offer health insurance plans to their students. Often these plans are low cost, making premiums affordable for many students.
Individual Health Insurance Policy
Another option is to simply purchase an individual health insurance policy from a local agent or online. Check with several different companies, as premiums can vary a great deal � even for the same or similar coverage.
If your family has recently had high medical bills or if they have low income, there is a chance that you could qualify for a government program called Medicaid. Eligibility requirements for Medicaid differ from state to state, so check with your state’s insurance department to find out more. And, if you do not qualify for your state’s Medicaid program, many states also offer a special health insurance program for residents who are not eligible for Medicaid, yet are unable to afford a health insurance policy.