Yes we indulge ourselves despite the risks but that’s human or being human!
Unfortunately, guiding our health is one of those things we sometimes put at risk.
We tend to appreciate the value and importance of health when they we fall sick.I am guilty of this too.
I remember falling very ill around the fall of 2016 and wow!! I still look back with gratitude for all the help I got then to get back on my feet.
When your health deteriorates, it doesn’t only cause worry but attracts expenses. This is one of the reasons you need a health insurance.
It helps in providing a safety net to prevent outrageous expenses on medical treatment.
It also offers preventive care, being one of the most crucial aspects of remaining healthy.
Getting one’s health insured is very important. However, it may not constantly be easy to get it done.
Big thanks go to the Affordable Care Act (ACA) a.k.a ObamaCare for paving the way for millions to get more affordable health coverage.
Is Student Health Insurance?
There are lots of surprises in college life.
To ensure that you live ready for unforeseen circumstances, you need a plan.
These circumstances include accidents or emergencies relating to health is one way to remain safe.
The health insurance of a student can differ.
Be it that you are insured or not, or be it that you are not sure of the option for insurance, it is worth it to conduct some research.
Student health insurance is insurance that covers student.
There is a wide range of health insurance for students in the college which they can choose from.
However, this depends on a particular condition. Saving up money and having continuous medical check-ups should not be the only reason you would opt for health insurance.
You should also seek to enjoy and avoid the tax penalty suffered by those who are not insured.
Best free student insurance plan
One of the few things you work towards while studying is setting aside extra money.
This will also include seeking to save extra money when it comes to insuring your health.
What do you do in case of an emergency?
What do you do when you need to have medical care due to an accident?
Being a student, you will find out there are several options for health insurance.
These options are perfect for students since they won’t mar your bank account.
If you need student health insurance, this post will guide you. We will be writing out some of the best and free student insurance plan available.
Eligibility Requirements
Being a student, the following insurance plans can get you covered.
1. Your Parents’ insurance plan
If you are not up to the age of 26, in most instances, the insurance plan of your parents can cover you.
This might be the most affordable option. This is effective if you travel out of the state to study.
If you take the time to read your parents insurance policy, you might learn how the out-of-state coverage works.
Some companies will offer you coverage due to your parent’s coverage.
But, some plans may also be limited, so be sure to check. If you’re 26 or clocking 26, or above, you should check into one of the following three students insurance plans.
2. A health plan provided by the college
Some universities and schools make provisions for health insurance plans for students.
This coverage option is affordable for students.
There are variances in these plans and benefits. Searching across universities and colleges, they have various sections which you would need to choose.
Some offer extra policies such as the coverage for dental and vision.
Some might include coverage for health care, while others might have an inclusion of comprehensive coverage.
This most likely will be similarities to the one you use with your parents. It isn’t a bad thought to have a review of your school’s options.
Do so and make compensations with the other available options. It is best to do so before you make a decision.
Irrespective of the coverage amount, the health plan of a student alone ensures that you don’t pay the penalty of insurance tax.
3. A health plan of the marketplace
This is another option you could choose as a student.
You can enroll in the health insurance plan of a market place by shopping around for the exact premium and coverage that works for you.
An essential or comprehensive health insurance plan is one of the plans you can opt for.
This plan would cover the services of mental health, health care for sex, and pregnancy.
Its coverage also extends to hospital visits, doctor’s appointments, and lots more.
If needed, you can also find a plan that offers the benefits of vision and dental care.
If you look forward to saving, a health plan is what you should look for.
It helps you in paying for emergency or trips to the hospital.
At times, these plans have monthly premiums that are low and high deductibles.
The one crucial benefit it offers is that you can save a huge sum of money if you’re ill or have suffered from an accident.
A lot of catastrophic health care plans have a good number of preventive health visits.
This is including doctor’s appointments with yearly coverage.
4. CHIP or Medicaid
Do you live on your own? Or do you live on the income of your family?
If yes, you might be able to meet the criteria of the Children’s Health Insurance Program (CHIP) or Medicaid.
If you qualify, then you are eligible for low-cost or free insurance. Thanks to Medicaid as they have no age restrictions and can get you covered if you make below its limit of income.
There is an age limit with CHIP which is 19.
Yet, it is available for students that their parents’ insurance plans do not cover.
It is also available for those that make below the income limits.
5. Get insurance through work
Different employers have different rules that vary.
This plan generally covers the people that have a full-time job.
During the process of orientation, the sign-up is usually done by a human resources officer.
It always requires a simple fill out form.
Depending on the kind of employer, you can get the best and affordable price for health insurance plan coverage through your work.
This is good because as a worker, you can get insurance coverage.
You can also enjoy other available sources with a great price and benefit.
The crucial thing to know is that students may be able to have continual coverage after the loss of their jobs.
When compared to other available options, it often appears to be of the high cost.
Besides, students can find it difficult to pay attention to academics while they work full-time.
There would be a difference in the specifications, depending on the plan and options that are selected by the employer.
A lot of employers give employees a choice to select their coverage.
This may include the dental, adding a dependent, or vision.
However, even with the most affordable options, students that are working might be better off if they get coverage via parents or spouses.
6. Short-Term Health Insurance plan
A lot of people are eligible for the short-term health insurance plan.
On the other hand, a lot of people that applied for it may not get the coverage.
This is because of the restrictions the insurance companies have in what must be included in the short-term health insurance plans.
Like a broker, college students can go through an intermediary, or they can buy a policy from the insurance company.
Do not forget that not all state allows short-tern health coverage.
Just as the name implies, short-term health insurance offers coverage for a short period.
With no option for renewal, policies can last up to 365 days. Short-term health insurance is very cheap.
This is when compared to the health insurance plans that comply with the Affordable Care Act.
The more healthy an individual becomes, the lower their premiums would be.
This is because insurance companies can adjust the short-term cost of health insurance policies.
They do this based on the health status of the insured.
Prescriptions of medications, mental health care, treatment of substance abuse, and maternity care are not covered by most short-term health insurance.
Those that have pre-existing conditions can have higher rate charges or get denied altogether.
Also, there are limits to the amount the policy will payout for the expenses incurred on medical treatment.
Conclusion
Getting prepared for unforeseen emergencies is a means to save your life.
This is also a means to prevent unnecessary expenditures.
With the students’ health insurance plan, you would have peace of mind throughout your stay in school.
This way, you never have to worry about your health care and the costs.
If you’re worried about how to find the best and right coverage at the most reasonable price, ensure to research more.
Check out the Medicaid and your school’s health insurance before checking out the marketplace.
Then make a comparison based on your health status and present financial conditions.
