A recent study is indicating that it is probable that young adults will have a better chance at seeing a doctor and receiving medical care when states lengthen the amount of time that they may remain covered by the health insurance held by their parents – which is one of the required elements of the healthcare overhaul. These new mandates are designed to assist individuals over the age of 18 who have conventionally outgrown their parents’ coverage, but who are struggling to obtain full-time work with health benefits after they…
Read MoreTag: coverage for college students
Michigan State University requires its students to purchase health insurance
Michigan State University has now joined five other schools among the “Big Ten” in adding mandatory health insurance to their requirements for their students. This regulation will function by requiring new students who are starting school at MSU for the first time to either find their own health insurance policy or be billed by the school, which will then provide the coverage for them. According to Kent Cassella, a spokesperson from MSU, “We have partnered with Aetna to devise a specific plan, that’s an MSU sponsored plan for $1,505 a…
Read MoreHealthcare overhaul to bring health insurance to approximately 2.5 million more young adults
A new rule in the healthcare reform has made it possible for many young Americans to maintain their coverage under their parents’ plans, which will allow an additional 2.5 million people who are 25 years old or younger to be insured. According to the Centers for Disease Control and Prevention (CDC), there was an increase in the percentage of insured individuals between the ages of 19 and 25 from 64 percent in June 2010 to 73 percent in September 2010. This rise is credited to the coverage provision of the…
Read MoreIs renter’s insurance necessary or a luxury for students living away from home?
The back-to-school season is upon us and college students across the country are moving into their new homes for the coming school year; a process that involves expensive personal possessions, such as computers, electronics, bicycles, clothing, and other personal items that would be costly to replace though they are highly prone to damage or theft. While some students already have protection through their parents’ homeowners insurance, many policies will not cover students who aren’t living on campus. That said, many tenants fail to realize that their property is not covered…
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