About Student Health Insurance Coverage
Students need to get access to health care and know where to obtain it. Both a family health plan and an individual student health insurance plan are able to provide coverage for students. Since many carriers offer lower rates for full-time students, it is a good idea to check rates from several companies in order to obtain the most affordable coverage possible. Even if you are a part-time student, you may be eligible for multiple health insurance discounts.
Quotes from Top Student Health Insurance Carriers
Our service gets you connected to the top student health insurance carriers in the country and let's you choose the one that best fits your needs and budget. In addition to online health insurance quotes, you may receive quotes direct from agents from top companies.
Student Health Insurance Articles and Resources
In order to find the most affordable student health insurance available, you need to not only compare quotes from multiple carriers, but you also need to understand your options. If you are in college, you may find that your educational institution offers some sort of discounted health insurance for students. Alternatively, you may find that it may be more affordable to remain on your parents' health insurance plan when you go to college. Of course, there can be a number of complications with this, especially if you are attending a school in a different state.
click here for an online student health insurance quote
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Showing posts with label St charles COBRA insurance. Show all posts
Showing posts with label St charles COBRA insurance. Show all posts
Thursday, June 9, 2011
Wednesday, June 8, 2011
3 Health Insurance Mistakes to Avoid
A cut-rate policy could cost you more in the long run.
Whether you're perusing your employer's open-season packet or weighing your options after getting a pink slip, you may be facing some critical decisions about health coverage. Avoid these three common pitfalls.
Focusing on premiums alone.
A higher-premium policy with low co-payments could be a better deal than a lower-premium policy. For example, if your doctor is out of network, how much will you pay for each visit? And how many of the medications you take are brand-name drugs? Many insurers are now charging coinsurance rather than fixed co-pays for generic, brand-name and specialty drugs. Your cost for a specialty drug could be as high as 38% of the cost of the medication. So if you take expensive medicines, you may end up paying hundreds of dollars more a year. Your best bet, if you can find it, may be a policy that still charges co-pays for out-of-network visits and prescription drugs.
Skimping on coverage limits.
One of the costliest mistakes you can make is to buy a policy with inadequate coverage. These policies may look attractive because they have low premiums and deductibles. But a maximum benefit of as little as $50,000 to $100,000 per accident or illness could leave you with tens of thousands of dollars in out-of-pocket expenses. Also beware of policies with long lists of exclusions and low dollar limits for each type of procedure.
A better way to lower your premiums is to buy a high-deductible policy with a coverage limit of at least $1 million ($3 million or $5 million would be even better). If you buy a policy with a deductible of at least $1,150 for single coverage or $2,300 for family coverage in 2009, you can also make tax-deductible contributions to a health savings account and use the money tax-free for medical expenses in any year.
Ignoring alternatives to COBRA.
If you lose your job, you may sign up for coverage under COBRA, the federal law that lets you keep health insurance under your former employer's plan for up to 18 months. The economic-stimulus plan provides a 65% subsidy for COBRA premiums for up to nine months for people who are laid off between September 1, 2008, and December 31, 2009. But after the subsidy ends, you'll pay full freight. The average employer policy costs $4,700 a year for individuals and $12,600 for families
for more information on st charles health insurance, contact select insurance group at 1-855-GET-SELECT (438-7353) Ext 101 today!
Whether you're perusing your employer's open-season packet or weighing your options after getting a pink slip, you may be facing some critical decisions about health coverage. Avoid these three common pitfalls.
Focusing on premiums alone.
A higher-premium policy with low co-payments could be a better deal than a lower-premium policy. For example, if your doctor is out of network, how much will you pay for each visit? And how many of the medications you take are brand-name drugs? Many insurers are now charging coinsurance rather than fixed co-pays for generic, brand-name and specialty drugs. Your cost for a specialty drug could be as high as 38% of the cost of the medication. So if you take expensive medicines, you may end up paying hundreds of dollars more a year. Your best bet, if you can find it, may be a policy that still charges co-pays for out-of-network visits and prescription drugs.
Skimping on coverage limits.
One of the costliest mistakes you can make is to buy a policy with inadequate coverage. These policies may look attractive because they have low premiums and deductibles. But a maximum benefit of as little as $50,000 to $100,000 per accident or illness could leave you with tens of thousands of dollars in out-of-pocket expenses. Also beware of policies with long lists of exclusions and low dollar limits for each type of procedure.
A better way to lower your premiums is to buy a high-deductible policy with a coverage limit of at least $1 million ($3 million or $5 million would be even better). If you buy a policy with a deductible of at least $1,150 for single coverage or $2,300 for family coverage in 2009, you can also make tax-deductible contributions to a health savings account and use the money tax-free for medical expenses in any year.
Ignoring alternatives to COBRA.
If you lose your job, you may sign up for coverage under COBRA, the federal law that lets you keep health insurance under your former employer's plan for up to 18 months. The economic-stimulus plan provides a 65% subsidy for COBRA premiums for up to nine months for people who are laid off between September 1, 2008, and December 31, 2009. But after the subsidy ends, you'll pay full freight. The average employer policy costs $4,700 a year for individuals and $12,600 for families
for more information on st charles health insurance, contact select insurance group at 1-855-GET-SELECT (438-7353) Ext 101 today!
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