glossary-splash.jpg

Find affordable health insurance:

Health Insurance Glossary

Definitions for common health insurance terms

student health insurance

DEFINITION: Many colleges require their students to carry health insurance coverage, and the ACA also requires nearly all Americans to maintain health insurance coverage or face a tax penalty. Most four-year colleges offer health plans for their students, but traditionally, those plans included low lifetime and annual benefit maximums, and benefits that weren’t particularly comprehensive. That changed with the ACA, however.

The ACA prohibited lifetime maximums on essential benefits in student plans as of July 2012, and prohibited annual maximums on essential health benefits as of 2014. These requirements make student health plans more of a true safety net than they were in the past.

Student health insurance marketed by the university is not the only option, though. Students may opt instead to remain on their parents’ plan through age 26, or seek coverage through an employer’s plan if they’re employed full time. If they’re in a state that has expanded Medicaid and have an income below 138 percent of the poverty level (that’s about $16,394 in 2016), they can enroll in Medicaid.

They can also purchase their own individual health insurance plan through the exchange or off-exchange, with subsidies in the exchange based on income (note that if the student is a tax dependent on someone else’s return, the income of the entire tax household is taken into consideration, relative to the total number of people in the household).

Read more about student health insurance.

 

Read more about student health insurance

Do student health policies have to cover birth control without co-pays?

Do student health policies have to…

June 8, 2017 – Q. Do student health policies have to cover birth control without co-pays? A. Yes. Policies that began on or after August 1, 2012, are… Read more

Obamacare and university and college students

Student health insurance: required…

June 2, 2016 – Clearly, students have a lot more coverage options as a result of the ACA. But how do you decide which option is… Read more

Should I buy the health plan my college offers? or buy through an ACA exchange?

Should I buy the health plan my…

May 31, 2016 – Q. Next year, I start college and I’m trying to decide whether I would be better off enrolling in the plan my college offers, buying my… Read more

Do student health care plans have to…

April 2, 2016 – Q. Do student health care plans have to cover preventive care at no charge? A. Yes. Student health insurance plans must include preventive… Read more

My college offers health insurance.…

February 16, 2016 – Q. I’m a college student and my school offers health insurance. But I would rather purchase my own coverage in the exchange where I would… Read more