Blue Cross Blue Shield offers student-based insurance plan
Published: Wednesday, August 29, 2012
Updated: Wednesday, August 29, 2012 15:08
Blue Cross Blue Shield offers a new student-based health insurance plan that prepares students to protect their health.
Student Blue Health Insurance is built to fit the lifestyle and budget of college students, according to a BCBS news release.
Even if the concepts of deductibles, coinsurance rates and co-pays seem confusing, health insurance can financially prepare students for any health issues they may face.
Many college students are under the age of 26 and may still be under their parent’s health coverage. However, Student Blue provides an option for college students who are either over the age of 26, not insured under their parents or dislike the policy of their parent’s current coverage.
“Having health insurance in general as a young adult is a good thing to have,” Judd Wagner, member of the BCBS marketing team, said. “It isn’t like having auto insurance and hoping you don’t have to use it… Not many college students have an extra $1,600 around [if they get sick].”
Comprehensive benefits through Student Blue include “routine physicals, contraceptive services, preventive screenings, flu shots, immunizations, $25 co-pay for office visits, $10 co-pay for prescription drugs, free access to online wellness tools, coverage for nutrition related services and coverage for intercollegiate sport injuries,” according to the BCBS website.
Coverage starts at $62.50 per month for one student.
“The price of $62.50 per month in comparison is a really good bargain,” says Wagner.
BCBS has coverage in 100 percent of the hospitals in North Dakota and 85 percent in hospitals across the nation.
Student Blue offers a $100 deductible, which means after the PAYER pays the initial $100 of the bill, the insurance kicks in to cover 80 percent of the remaining bill.
The plan’s coinsurance max pay is $2,500; once the medical bill reaches this amount, the insurance pays 100 percent of the bill, up to $500,000 per year.
Choosing a health insurance plan involves discerning and weighing the risks of how often medical visits are needed.
For some it is better to go without insurance and just pay out-of-pocket for prescription drugs or medical visits because the cost monthly for insurance and the deductible may both be more expensive than just paying out-of-pocket.
This student-based health insurance plan requires eligible undergraduate students to be enrolled in at least seven credits per semester within the North Dakota State University System or online. Students must also be under the age of 65.
Students will have until the end of September to enroll in the Student Blue plan.
Representatives from BCBS will have an information booth on campus for the rest of the week, where they are also holding an iPad giveaway drawing.
For more information about Student Blue, visit http://www.studentbluend.com.