Quote:
Originally Posted by Fly Rod
The President and the Democratic leaders in Congress championed this bill and they said it was going to lower the cost of healthcare,” not according to a young Christian College student whose health insurance is going to double from about 600 a year to over 1300 dollars when he returns to college in the fall. He is begining to learn what "Hope and Change is." I am sure other colleges will be dropping their health plan and opting for Obama Care.
This is only the beginning, those of us that have health care thru our employer will be dropped, employer will pay the fine for dropping us which is a small price compared to what they will be saving in the long run.
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those 1200 or so (many more applied for and denied)Obamacare Waivers were probably unecessary...right???
Student Health Insurance - NJCU :: Office of the Controller - NJCU :: Office of the Controller
In fact, the NJ State Colleges and Universities have come together to develop a group plan in an effort to keep costs as low as possible, while offering comprehensive student insurance package.
The increases indicated are caused by the Public Health Service Act and the Affordable Care Act signed into law by President Obama in 2010. A provision of that act that is now in effect requires that College and University Student Health Plans meet certain minimum coverage requirements.
In addition to the State mandates,
the United States Department of Health and Human Services has issued proposed that would establish rules for student health insurance coverage under the Public Health Service Act and the Affordable Care Act. Some of the major coverage changes are as follows:
■Plan maximum goes from $50,000 to $100,000
■Rx maximum increases $1000.00 to $100,000
■Wellness benefit increases to $100,000 without co-pay or deductible for in-network services.
William Paterson University - Health Insurance - Explanation of increase
Health Insurance - Explanation of increase-
This year student health insurance cost will be increasing from $250 to $715 annually for undergraduate and from $361 to $1,033 for graduate students. In addition to the State mandates,
the United State Department of Health and Human Services has issued proposed regulation that would establish rules for student health insurance coverage under the Public Health Service Act and the Affordable Care Act.
As the new federal health care laws and regulations are implemented over the next several years we know that we will be required to improve the level of coverage offered by our plan and consequently
the cost of the premium will continue to increase due exclusively to those mandated changes.
Read more here:
http://www.idahostatesman.com/2012/0...#storylink=cpy
MOSCOW — The Idaho State Board of Education opted Wednesday to keep its mandate that full-time public college and university students be insured.
Several institutions asked the board to suspend the rule for a year because of
unexpected sharp increases in premiums. But the board ultimately decided the risk of having uninsured students outweighed the increased costs they will have to absorb.
In 2009, Lewis-Clark State College, Boise State University and Idaho State University joined in a consortium to purchase student health insurance in an effort to keep down costs. The effort largely worked until this year
The premium increases, revealed earlier this month, would hike costs at LCSC from $1,232 per year to $1,703, a 38.2 percent jump. ISU students will see a 46.5 percent increase to $1,861, and Boise State University students a 30.9 percent increase to $2,124.
UI financial Vice President
Ron Smith spoke strongly against a yearlong waiver of the mandate due to the fear that healthy students would opt to go uninsured and shrink the pool of participants. That would likely lead to higher premiums next year.
http://www.northampton.edu/Student-R...-Insurance.htm
Anticipated Student Insurance Rate Increase
New healthcare reform legislation mandates that 2012-2013 student insurance plans must provide increased coverage. These benefit requirements are expected to increase the cost of the student insurance plan. Premiums are anticipated to be between $1,400-$1,800 per year.
I checked(that's up from $654)
http://articles.courant.com/2010-09-...-health-reform
State OKs Anthem Rate Hikes, Some More Than 20 Percent
September 17, 2010|By MATTHEW STURDEVANT,
The state's largest health insurer was granted rate hikes Friday that will be well over 20 percent for some plans, drawing sharp criticism from the attorney general.
Anthem Blue Cross and Blue Shield in Connecticut requested a wide range of premium increases, which will take effect Oct. 1, to cover the costs of new benefits required by federal health reform. Higher prices mostly affect new members shopping for a health plan on the individual market rather than people who have group plans through an employer or some other organization.
The Connecticut Department of Insurance approved Anthem's request without changes,
including a boost of as much as 22.9 percent just to comply with one provision: eliminating annual spending limits per customer