It’s never easy when it’s time for a child to go off to college. Whether they’re moving across the country or living at home and attending a local school, there are a lot of new changes and expenses to handle. One frequently overlooked item is health insurance for students.
Finding insurance plan for a college student can be difficult. It’s important to look at several different companies and compare what they offer for students. Don’t just look at monthly premiums, you also need to take into account deductibles and co-pay expenses. One good way to evaluate the likely cost per year is to factor in either one short sickness or minor injury per year and figure out the total costs. Are flu shots free every winter or not? Also consider the lifestyle your child leads and how that will affect their likely injuries. Athletes are more exposed to sprains and bruises than less active kids are, and they need a different medical insurance plan because of that.
Many colleges will offer their own health insurance plan that’s available only for students, and these can be worth looking at. Cheap health insurance for students is a big concern for people, and the colleges are aware of this. However, just because they offer a plan doesn’t mean it will provide the best student insurance. You will also want to speak to your personal insurance agent. Insurance companies love to offer discounts for adding extra coverage, even though your college-age child will no longer be covered under your own policy. Another great resource to help you find cheap student health insurance is the internet. However, to find the best overall medical insurance package and the best price, it takes some special search skills. First, you need to understand that insurance is big business. Especially online, where they can offer steep discounts due to lower overhead. This means to ensure you’re actually buying the insurance your child needs, you need to do some specialized searching. Look for comments and replies from parents who bought insurance from various companies. This will give you a feel for how the service and overall value of different packages is. Online forums can be a great resource and provide lots of first hand information. Forums are online discussion sites where people who share similar interests discuss things. So various college forums and support forums for parents with children in college can provide tons of great information about various topics.
When you’re doing this type of information search, avoid the actual insurance company websites at first. Dig a little deeper, and do your research. It may be appealing to jump on the first low monthly premium you see, but this is a very important topic. Any parent knows that you always want the best for your children, and finding the right medical insurance package for your student is important. So spend a little extra time to do some research before you buy. You’ll sleep much better at night knowing that you did.