Why Enroll in the Student Health Insurance Plan?
Why do I need health Insurance?
The Affordable Care Act (ACA), or Obamacare, will require all Americans to purchase health insurance in 2014. The ACA will mandate preventative care in 2014, our policy is inclusive of preventive care now! At a very basic level, think of health insurance like car insurance. You don’t leave your home each day knowing whether you will get into a car accident. You buy car insurance in the event that you do get into an accident, you have coverage for damages to your vehicle. It may be through no fault of your own or perhaps you were just a little too close to the car in front of you when you got into a minor fender bender.
Health Insurance works the same way. You don’t expect to get sick or hurt but you never know when you will catch the flu or slip and fall on ice and need medical treatment or worse, develop a debilitating illness. You want to have insurance to cover your medical expenses and not leave you with potentially thousands of dollars in doctor and hospital bills and possibly a lifetime of debt.
Fortunately, student health plans remain affordable compared to individual or employer sponsored plans because students are generally younger, healthy participants and are less likely to experience illness or injury. This results in premiums being lower because the financial risk is lower.
Why should I purchase the Student Health Insurance plan through Rutgers University?
The Student Health Insurance Plan offers affordable, comprehensive coverage including emergency room treatment, inpatient hospitalization, outpatient surgery, lab and x-rays as well as preventive care. You are covered whether you incur an illness or injury on campus, at home or overseas. Prescriptions are also covered at our health center pharmacies on campus, participating pharmacies and through mail order.
The Rutgers Student Health Insurance plan offers a low deductible and a maximum annual benefit of $1,000,000. Many services are covered at 90% after the deductible when received from one of United Healthcare’s Preferred Providers. Services provided on site at the campus health centers are covered at 100% with the exception of a small fee for TB skin testing. Preventive Care is paid at 100% and is not subject to the deductible, copays or coinsurance when rendered by a Preferred Provider.
As a reminder, the University has multiple medical and counseling centers available to students regardless of whether you purchase the Student Health Insurance or are covered under another insurance plan.
In comparison, many individual plans and some employer sponsored plans require a high deductible and leave you responsible for significant out of pocket costs. Annual deductibles and out of pocket maximums can go as high as $10,000 or more. Some offer limited benefits even for accidents and exclude preventive care and routine office visits. In addition, services may be limited to a narrow network of providers.
What if I am an International Student?
As an international student, there are additional circumstances to consider. You need to ensure you have comprehensive coverage not only for an illness or injury but also for travel required in the event of an emergency. The Rutgers Student Health Insurance plan covers expenses incurred should you need to be transported back to your home country due to a prolonged hospitalization or if you die while in the United States. Many individual international student health insurance plans provide limited benefits, such as a 13 week benefit period, which do not comply with U.S. government guidelines. Therefore, Rutgers requires all international students to purchase the Rutgers Student Health Insurance Plan.
Am I covered if I am a domestic student travelling internationally?
Another great advantage to enrolling in the Student Health Insurance plan is that American students travelling internationally are also covered when outside the U.S. Whether you are on vacation or spending a semester abroad, you will be covered for the same services as if you were on campus or at home.