This information is offered to assist you in finding the answer which best suits your needs. Please feel free to speak with a Student Health Insurance Specialist in the Student Health Insurance Office about issues specific to your coverage or to your student’s individual needs.
The benefits of ISU Student Health Insurance are compelling. University students are in the age group most likely to be uninsured. They also can be underinsured; students are much more mobile for the first time and may spend 8 or 9 months away from home and provider vicinity. Illinois State University requires students to have comprehensive health and accident insurance and includes a plan of benefits in tuition and fees. Even though many of our students have primary insurance, the Student plan paid millions of dollars last year which would have been someone’s out-of-pocket expenses. You are not required to keep this plan, however approximately 80% of eligible students do keep it for these reasons:
If you have deductibles, copays, or co-insurance on an employer group plan, the Student Health Insurance plan can pay those amounts. HMOs and PPOs can limit coverage unless certain providers are used, the Student Health Insurance plan can pay those out of area costs. Compensation could be 100% by coordinating the two plans. According to the American College Health Association, medical expenses are the number one financial reason students leave school even if covered by a family plan. At a time when families can ill afford out of pocket expenses for medical care, keeping the student plan can close those gaps. Consider these questions:
The Student Health Insurance coverage is compliant with the Affordable Care Act (ACA) and carrying the plan meets the Federal requirement of having health insurance. The Student Health Insurance plan is rated 'Platinum,' the highest rating under the ACA!
Before making this decision, please speak with a Student Health Insurance representative to help make the best decision for you or your student.
If Student Health Insurance will be the only plan, it is especially important that you arrange for Summer coverage. Insured Spring students are eligible to do so by paying $187 prior to the end of Spring term, thereby continuing the plan between May and August. Students enrolled for at least 6 summer credit hours by May 22, 2017 are assessed the Summer premium with tuition and fees.
Complete an online cancellation form with proof of other coverage (copy of insurance card) each semester prior to the 15th calendar day of the Fall and Spring semesters, and the 8th calendar day Summer semester.
The 2017 fall semester deadline was 9/5/17.
Note: Students have the same access and cost structure when using Student Health Service whether they have the Student Health Insurance Plan or not. The policy contains language which describes the plan and takes precedence over this summary. Plan booklet and ID card are available at the Student Health Insurance Office.