Tuesday, Sep 04,2012
By:
College students ready to head off to school should take a moment to consider their health insurance options, especially in light of recent changes.
Due to the requirements of the Patient Protection and Affordable Care Act, many schools have changed their available health insurance options for students. In 2014, the ACA will require facilities providing health care options to eliminate benefit caps and provide some preventive care without a co-pay, which many schools can only afford by significantly raising rates. Schools that cannot afford to provide the required care will be forced to forgo student health plans altogether.
Students who are faced with changing health insurance rates have a few options if their schools' plans are eliminated or unaffordable.
One option for students is to stay on their parents' health plan. The ACA allows family members to stay on their parents' plans until they are 26 years old. If possible, this is often the least-expensive option, although it can prove troublesome for students looking for in-network providers out of state.
Another option is to check into the individual policies available. Although many are expensive, some providers, like Blue Cross Blue Shield, offer affordable student plans aimed at college kids facing this new problem.
» Meet the HomeInsurance.com Editorial News Team
Related Health Insurance Articles:
- Insurance premiums may increase with growth of economy Thursday, Dec 13,2012
- Consumers saw $1.5 billion in savings due to ACA Friday, Dec 07,2012
- Obama administration releases clarification of healthcare provisions Tuesday, Nov 27,2012
- Health insurance exchange deadline pushed back Thursday, Nov 15,2012
- CA children may face health care shift Wednesday, Oct 17,2012
