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 insurances. 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. Insurance of student 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 wellness programs
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 wellness 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 insurance, but it is not an easy task to get
hold of an affordable health coverage plans. 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
coverage 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 insurances
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
wellness 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 wellness coverage 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 coverage plans 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 wellness 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.
The author of this article is a health insurance consultant with HealthInsurancePlans.org, a leading comparison portal where you can find and compare various cheap health insurance plans.
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