Insurance for Graduating College Student?

[ERD50]

Originally Posted by stargazer08

Temp policy was cheap and the questionnaire was only 10 questions long.

I think that is because it was a temp policy - those are non-renewable, so the ins co is not committing to a long term health problem, they will just decline the renewal. I decided to go with a 'regular' health policy, just in case (see below)

We encouraged our daughter to buy private health insurance so her coverage would not be connected to her job. Young kids tend to change jobs more than us older folks do. This way her coverage will not be tied to her job. Since she is so young, the premiums are not expensive.

Yes, this was my thinking also. My son may go back to school, or might take a more temporary position on his way to something more long term. I thought it would be a good idea to have this high deductible policy as a back up. I'm also thinking he should keep it, at least until there is some foreseeable stability.

Originally Posted by chinaco

Empathy may be too strong of a word. Perhaps a better word is understand.

Yes, understand - that is what I meant. Also used 'empathy' because I do think the ins cos get 'demonized' a bit on this topic. It may be deserved in some cases.

empathy

1. capacity to understand another person's point of view or the result of such understanding

Originally Posted by Delawaredave5

My boss has son similar situation - he found several plans in the $100-$150/month range - suprisingly cheap - and these were "big name" - like Blue Cross, etc.

And they weren't "backstop" / catastropic plans - they had reasonable co-pays for office visits, prescriptions, preventative.

Interesting however: they had a maximum payout of $200 for emergency room visits - if there was not an associated hospital stay.

I guess this is a huge incentive to only go to emergency room when you really have to....

Interesting, I'll check out that ER detail. I went with the catastrophic plan ($5000 deduct) , that is all I'm really concerned about at this point - looks like they will only be ~ $60/month, but that is subject to review of the application.

IMHO - Universal Health care is the only way this general problem will be solved... with mandatory participation. Because on each side of the equation, if someone thinks they can game it and come out ahead they will do it.

There have been a lot of threads on the Universal Health care subject, I've only skimmed them because I'm just not up on all the details - this might spur me to delve into it a bit deeper. It's a complex topic, that 'participation' is a big issue, and while there is no free lunch, I think there is at least the opportunity to reduce complexity, and increase preventive care, which could actually reduce overall costs. But, with the govt involved, I'm skeptical. At any rate, a topic for a different thread...


thanks again for the inputs. - ERD50

[2soon2tell]

ERD50

Take a look at ehealthinsurance.com to compare various policies and companies.

I took out an Aetna long term medical policy for my 22 year old son.

2soon