Student Health Insurance is an individual health insurance product available to full time college students.
Many universities and colleges offer their students a group health insurance policy through the school. Each university policy is different, so check with each prospective university to answer any specific student health insurance questions.
If your prospective university does not offer a plan, or the college’s plan does not satisfy your needs, student insurance may also be obtained through traditional health insurance companies. Obviously, it is important to have health insurance in case of accident or illness, no matter what age or stage in life, and students are no exception. Many different student plans are available directly through insurance companies, the Internet or your insurance agent.
Though there are hundreds of available student insurance policies, and each one has its own unique set of eligibility requirements, most require the below listed qualifications in order to meet eligibility:
- Participant must be a full-time undergraduate student
- Participant must be a full-time graduate student(Check the specific policy for number of hours considered full-time)
Why would a student need a student policy instead of an individual health insurance plan?
There are many benefits to a student policy, the most apparent being cost. Most student policies have lower premiums and reasonable deductibles for students who have limited resources. (What student do you know who doesn’t have limited resources?)
Also, most student health insurance policies purchased through traditional insurance companies travel with the student if they change schools, eliminated the unnecessary chore of reapplying for heath insurance if education plans change.
Students may wish to obtain their own health insurance for a variety of other reasons: they may no longer be covered by their parent’s health insurance policy; the student’s school may be outside of their HMO/PPO region; or their current coverage is just too costly on their student budget.
Whatever the reason, student health insurance can be an affordable and viable alternative for health insurance while attending college. If you are looking for student health insurance, you might want to get some online instant quotes from QOOQe.com which has renewable student health insurance. Be sure to thoroughly research any health insurance policy before applying.