Out-of-network issues
The primary concern for parents with their kids going to college is how the teen will be covered by the family insurance plan (if choosing to stay with it) and how the doctors will respond when he or she goes out-of-state.If you have an HMO plan, it requires special referrals for visiting doctors and other healthcare specialists out of your network.PPOs simply pay less when a person visits out-of-network specialists.In case the teen is leaving for a college that is out of your state,and you don't want him or her to hassle with domestic doctor referrals,getting prompt medical attention,going with what the college has to offer insurance-wise is the most rational decision for you.
Points to think of when deciding on a college insurance plan
There is a set of factors to think about when selecting a cheap health insurance plan that may save you time and money in the future if evaluated correctly.Here are the main ones:
- Find out of there are any restrictions concerning providers that a student can apply to.
- Learn if there is any coverage during the vacation periods.
- See if there is any health coverage during the summer or winter breaks for the student.
- Get to know if there is an easy access to treatment facilities at the college.
- Investigate what services are offered free of charge or at a reduced price at the campus clinic.
Lapsing health insurance when your teen already has a pre-existing condition is likely to cause issues later on.HIPAA imposes that any pre-existing medical conditions can be covered as exclusions in not more 12 months after enrollment.But in case the qualifying coverage is kept without lapsing of 63 days,the insurance company has to take out the length of coverage from the period of exclusion.For example,a 4-month exclusion will result from a 8-month prior coverage,however there won't be no exclusion period for 18-year coverage.This way it is very important to keep continuous coverage for all medical conditions,regardless whether you buy cheap health insurance at the college or renew your present policy.
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