UNLV students are paying more for their health insurance coverage

college student health insurance accident

Premiums for Student Health Insurance Plan coverage are on the rise Students at the University of Nevada, Las Vegas, (UNLV) are facing growing health insurance premiums. Those that receive coverage through the school’s Student Health Insurance Plan, which provides policies for undergraduates, may be facing rate shock, as premiums continue to climb significantly. Growing premiums are forcing some students to seek coverage through the state’s health insurance exchange, which is designed to serve as an alternative to conventional insurance markets, allowing consumers to find affordable coverage. Average premium for coverage…

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Study shows competition is not leading to lower health insurance premiums

Michigan health insurance

New study suggests that competition is not having a beneficial impact on insurance rates The Economic Alliance for Michigan has released a new study concerning the size of the health insurance market and the effect that competition has had on insurance premiums. Typically, more competition in the health insurance markets leads to lower premiums, as insurers fight with one another for the support of consumers. The study, however, suggests that high competition between insurers does not always lead to lower premiums for individuals and businesses. Prominent insurers are not able…

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