Available Health Insurance Plans for Students

1. Campus Health Plans

Many universities offer their own health insurance plans (SHIPs), which are designed specifically for students. These plans often cover doctor visits, prescriptions, mental health services, and on-campus care. It’s all set up to make healthcare convenient for you while you’re at school.

Pros:

• Easy access to healthcare services on campus.

• Meets your university’s health insurance requirements.

• Plans are often included in your tuition fees, so you don’t have to worry about separate bills.

Cons:

• These plans can be more expensive compared to others.

• Coverage is usually limited outside of your school or campus area.

2. Staying on Your Parent’s Plan

Under the Affordable Care Act (ACA), you can stay on your parent’s health insurance plan until you’re 26. If your parents have a good insurance plan, this can be the most affordable and hassle-free option for you.

Pros:

• It’s often cheaper than getting a separate student plan.

• You’ll stay on the same plan and with the same doctors, so it’s easy to manage.

Cons:

• If you study out-of-state, the coverage might not be as comprehensive, depending on your parent’s insurance network.

• Some schools might require students to have their own health insurance, so check your school’s policy.

3. Marketplace Plans

If you can’t stay on your parent’s plan or a campus plan, you can check out the Health Insurance Marketplace on HealthCare.gov. These plans offer comprehensive coverage and meet ACA standards, including doctor visits, prescriptions, and emergency care. If you qualify, you may even get financial help to make the premiums more affordable.

Pros:

• You can choose from a variety of plans, depending on your needs.

• You may qualify for subsidies, which can lower your monthly costs.

• Marketplace plans are available year-round if you have a qualifying life event.

Cons:

• You need to apply during Open Enrollment, which only happens once a year, unless you qualify for a Special Enrollment period.

• Some plans have higher premiums and deductibles.

4. Medicaid for Low-Income Students

If you’re a low-income student, you may qualify for Medicaid, which provides free or low-cost healthcare. It’s a state-run program, so eligibility and benefits can vary, but it’s a great option if you qualify.

Pros:

• Provides comprehensive coverage, often at no cost to you.

• Covers essential services like doctor visits, prescriptions, and hospital care.

Cons:

• Eligibility is based on income, so not everyone qualifies.

• Coverage varies depending on where you live, and some states may have limited options.

5. Short-Term Health Plans

Short-term health plans are designed for temporary coverage, usually for a few months or up to a year. They’re cheaper, but the trade-off is that they offer limited coverage and may not include everything you need.

Pros:

• Lower premiums than other options.

• Easy to sign up for quickly if you need coverage right away.

Cons:

• These plans don’t cover pre-existing conditions and provide limited benefits.

• They’re not a long-term solution and won’t meet ACA requirements.

6. International Student Health Plans

If you’re studying in the U.S. on a student visa, your university will likely require you to have health insurance that meets certain standards. These international student plans are designed to fit both visa requirements and university guidelines.

Pros:

• Meets university and visa requirements.

• Coverage for health care both in the U.S. and abroad.

Cons:

• These plans can be more expensive than domestic options.

• You might have a smaller network of doctors and providers.

How to Choose the Right Health Insurance Plan for You

Choosing health insurance for students can feel overwhelming, but it doesn’t have to be! Here’s how you can make the best decision:

• Consider your needs: Are you someone who sees a doctor regularly, or do you only need insurance for emergencies? Think about your health and whether you need things like mental health services, prescriptions, or preventive care.

• Compare costs: Look at the total cost of each plan—not just the premiums. Check for deductibles and out-of-pocket expenses. Make sure it fits your budget!

• Make sure it meets school requirements: Some universities have specific health insurance requirements. Double-check that your plan fits their criteria.

• Check for coverage near your school: Make sure the plan provides care in your college town and includes a network of doctors and hospitals near you.

A+ Insurance Designers Can Help

Navigating health insurance options can be tricky, but you don’t have to do it alone. At A+ Insurance Designers, we’re here to help you figure out the best option for your needs. Whether you’re staying on a parent’s plan, looking into ACA Marketplace options, or exploring Medicaid, we can provide personalized guidance to help you find the coverage that works for you.

Our mission is to make the process simple and help you get the care you need, when you need it—without all the stress. Reach out to us today, and we’ll help you explore your options!

The Bottom Line

Health insurance for students is more than just a requirement, it’s a safety net for your well-being. Whether you’re a freshman just starting out or a senior navigating your last year, it’s important to have the right coverage in place. Take the time to explore your options, and choose a plan that fits your health, budget, and lifestyle.

And remember, A+ Insurance Designers is always here to help. Don’t hesitate to get in touch with us for advice or to find the perfect health insurance plan for your college years. Stay healthy, stay covered, and make the most of this exciting time!