The Risk and Costs of Purchasing a Short-Term Policy

There are many health insurance plans that students can buy on a short-term basis.

Why is selecting a school-sponsored student health insurance plan more advantageous than buying a short-term policy?

• Short-term policies may have strict enrollment guidelines.

• Pre-existing conditions may be limited or completely excluded from a short-term policy.

• There is no guarantee that you can extend coverage past your original enrollment period.

• The policy does not provide travel assistance services with unlimited medical evacuation or repatriation.

• Your out-of-pocket expense is usually higher than student health insurance plans since the deductibles and co-insurance are significantly higher.

Paying high COBRA premiums? Why Chickering Student Health Insurance can offer you a better plan

1. Monthly COBRA premiums can possibly change if your company previously paid a percentage of your premium while employed.

2. Under COBRA your former employer can charge you up to 102% of the total premium amount to continue coverage in your original plan.

3. Chickering premiums will remain the same throughout your enrollment period.

4. COBRA coverage could run out while you are still in graduate school because employers are required to offer the COBRA option only for a set number of months.

5. Chickering coverage is guaranteed during the entire enrollment period.