The new student health care insurance option that’s coming to your state, from Aetna and Humana, has a lot to do with you.
But there’s also a lot more to this story.
If you’re looking to expand your student health insurance coverage in the state, here’s how.
What are the basics of student health?
Student health insurance is a way to cover your health care expenses while still paying into your state’s Medicaid program.
It allows you to stay insured in the event of an accident, illness, or injury.
Here’s how to get started.
What’s covered by student health policy?
Students who enroll in the federally-funded program can also enroll in health plans from the insurance companies that are not covered by your state student health plan.
That means you can keep your federal subsidy for your health plan and still receive coverage from those companies.
However, these plans are more expensive than state student insurance plans.
If the plan you want is covered by the federal government’s insurance subsidy, you’ll need to enroll in either the individual or family plans that are also subsidized.
What can I do if I’m a student with private insurance?
The federal student health plans available in your home state do not include your private insurance.
To get coverage, you must first get approved for student health by the university or the insurance company in your region.
If your insurance does not cover your private health insurance, you can still apply for student insurance through the university.
If all else fails, you may be able to qualify for a subsidy through the state government’s exchange.
The federal government offers subsidies for private health plans through the Marketplace, but it’s not guaranteed that you’ll qualify for subsidies.
If it is, you should ask your insurance company about the availability of your subsidy and the options available to you.
For more information on student health, read our article on how to apply for your student insurance.
What about the exchange?
The student health exchanges available in the states are separate.
Students can use them for private insurance but can only use them if they have health coverage from their state’s insurance exchange.
There’s also no way to buy insurance through either of the exchanges, and you cannot use your student credit card for the exchanges.
What happens if my state’s student health insurer is not on the student health exchange?
If your student policy is not available through the exchange, you will have to purchase your own student insurance from the same insurer in your city.
students can get student insurance coverage through the Health Insurance Marketplace.
For your local health insurance marketplaces, there are no restrictions on who can use what insurance plans or enroll in individual or small group coverage.
What if I don’t qualify for student policy coverage through a state exchange?
Students with private health coverage cannot apply for insurance through any of the student insurance exchanges.
That’s because it’s considered unaffordable for many people.
This means that they will not be able get coverage through either student insurance market or the exchange.
Students with government-sponsored insurance also cannot apply to get coverage from the exchange because they must apply through their local government.
What will happen if I get a subsidy?
If you enroll in student health through an exchange, your subsidy will be automatically paid to the state student finance agency.
If this happens to you, contact the local health department to make sure that the subsidy is paid.
How can I apply for my student insurance?
Students can apply online through the Student Health Insurance and Marketplace website.
If that’s not an option, students should contact their local insurance company to see if they can get a list of the insurers who are currently participating in the exchange and how much they’re paying for the policies.
Students are also encouraged to submit applications through the federal marketplace website, where they can check availability and sign up.
Students should also check out this article for tips on how much to spend on insurance, if any, before applying.
How much will my student coverage cost?
The average premium for a student insurance policy in your area will be around $3,800.
That may sound like a lot, but that’s just for the private plans.
Student health plans typically have a much lower cost per person.
For example, for an individual plan, the typical premium for one enrollee is about $1,600.
In 2018, the average premium was $2,700 for one person.
What do I do when I have an accident or emergency?
If the cost of medical treatment or other medical care is high enough to prevent you from getting insurance coverage, it may be worth going to an emergency room.
If an accident has happened and you’re a student, you could find yourself in a position of having to pay out-of-pocket expenses, including deductibles, co-payments, and other out-door expenses.
In addition, many insurers provide insurance to those who are injured in an accident.
To avoid these situations, students can call their insurance company and ask for an estimate of their out-home medical expenses.