subject: Student Health Insurance - A Necessity [print this page] What is the need for students to get insured when they are so fit and healthy? This is a question which often rises when we talk of student health insurance. But life is unpredictable and no one knows what they have in store at the very next moment. Students health insurance is thereby necessary to safeguard the students from unknown dangers.
Student Health Insurance is a growing necessity these days. The insurance companies have designed this student-centric insurance policy keeping in mind their needs and benefits. Recently conducted studies have shown a considerable increase in the number of universities and schools in the USA getting associated with reputed health insurance providers to get their students insured. These educational institutions in compliance with insurance providers, educate the students of the pros and cons of this insurance plan and provoke them to buy a policy. Students interested can purchase the insurance plan either through the institution or directly from the insurance provider.
Presently huge number of students are seen migrating to foreign countries to complete their higher studies. These places are new to them and naturally they find a little difficulty to get accustomed to the climatic conditions. It is this reason which often results in the students getting ill. Beside this students are also often seen to suffer sexual diseases the treatment of which is quite expensive. A student health insurance comes handy during these situations and helps students avoid the burden of huge medical bills.
Though it is necessary for a student to have a health insurance, but it is not an easy task to get hold of an affordable health insurance plan. Students usually have fixed budgets, hence they should wisely choose a policy which will meet all their needs. To choose from, there are two types of student health insurance plans available Managed Care Plans and Fee For Service Plan (FFS). Again, Preferred Provider Organization (PPO) and Health Maintenance Organization (HMO) are the two constituents of Managed Care Plans. Choosing the PPO plan will let students select a physician either from the service provider's network or any other in exchange of a higher premium. While HMO limits the choice of physician to the service provider's network. On the other hand students availing FFS plan needs to pay 20% of the medical expenses as the rest 80% is covered by the insurance provider.
Students can also avail Short-term health insurance plan. This plan covers medical tests, check ups, hospitalization and other medical emergencies. As this plan is comparatively cheaper, it provides less benefits for the students. Hence, before buying a health insurance, the students should be aware of the benefits covered in the policies.
Important things that the students should keep in mind before enrolling themselves to student health insurance plans:
* Buying a health insurance plan through school, entitles the students to health check ups which will only be performed in the school's health center. In this case availing medical services away from the school will be expensive.
* Students already covered under family health insurance or group insurance need not buy this health plan.
* Some insurance providers don't cover vacations or holidays. Choose an insurance provider who covers vacations.
From the above discussions it is quite clear that choosing a health insurance plan is not a rocket science. Students can check online where they can get detailed information regarding various student health insurance plans available. Moreover they also look for insurance providers who can offer the best health insurance plan at an affordable cost.
by: Mark Story
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