Student Health Insurance
As noted by Steve Rosen of the Kansas City Star, enrolling in student health insurance offered directly by schools aren’t always a good idea. Many school-sponsored health plans are clearly inferior to comparably priced alternatives from private health insurance carriers, and can leave families exposed to crippling medical bills.
More than 50% of colleges across the country offered student health plans in 2007 and many colleges require students to carry health insurance coverage as a condition of enrollment.
If you are a parent evaluating student health insurance coverage for your son or daughter you should dig deeper than simply evaluating the cost components of the coverage. Understanding the benefits, exclusions, restrictions and other elements is important to appreciate the risk that you will be taking on in the case of accident or illness in specific circumstances such as studying abroad and spring break for example.
