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Maus
Lv 7
Maus asked in Business & FinanceInsurance · 9 years ago

Should I keep the health plan provided by my university?

I'm a student and I'm trying to decide whether to keep my university's health insurance, or get my own (my parents don't have health insurance. I asked them to get health insurance but they don't want to). My university offers a great health plan - it covers a lot of stuff and there's virtually no deductible. However, it costs over $2000 for the year. The dental insurance is alright... 50% coinsurance and max benefit of $500. I am generally healthy and I haven't been to the doctor in 2 or 3 years. However, I go to the dentist frequently, so I wouldn't mind having better dental insurance.

I tried looking for my own health insurance, and I've found several cheap plans that will save me a lot of money on premiums. However the deductibles are really high, which I don't mind too much since I never go to the doctor, but it's still a little unsettling. I couldn't really find good dental insurance, a lot of them have waiting periods or coinsurance that's just as high. Also it's all really stressful, so I'm wondering if I should just give up and go with the university one. I was just hoping to save some money cause $2000 is a lot. It's covered by my scholarships and loans but I need that money for other stuff too. What do you think I should do?

Also I read something about some law that talks about how student health insurance should be like this or better, but I don't really know what it is, if you guys are familiar with it could you enlighten me?

3 Answers

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  • ?
    Lv 7
    9 years ago
    Favorite Answer

    That is less then 200 a month. You will not find a plan that cheap on your own unless you agree to a 5,000 deductible and co pay.

  • 9 years ago

    I think when you "run the numbers", you're not going to find ANY individual health insurance that will give you great coverage with no deductible, at $160 a month, and it sure won't include dental - which is always a separate policy.

  • 9 years ago

    Yes if were you I would.

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