Price of student insurance
increases
By Rachael Conley
Staff
Writer
Students pursuing insurance coverage through Purdue
will find prices for undergraduate plans increased between $13 and $144
this year for the purchase of certain plans.
"Premiums are going up, insurance costs are going
up and they're going up for everyone," said Janet Burkenpass, graduate
staff insurance coordinator. "The higher the claims the higher the premiums."
Plan One's cost was originally $435 and has now
increased to $486 for the fall semester. The charge for full year coverage
has increased from $1,107 to $1,251.
Plan Two has increased from $276 to $289 for the
fall semester, and from $707 to $743 for the full year coverage.
There are very few changes in the plans themselves,
Burkenpass said the only changes are in allergy and acne medication
coverage. These medications will now only be covered in Plan One at
the Purdue Pharmacy.
Plan One still has the most extensive coverage
out of the four plans for undergraduate students. The coverage consists
of a $250 deductible, a $10 co-pay for prescriptions, and now the allergy
and acne medications at the Purdue Pharmacy.
Plan Two has a $500 deductible and the same $10
co-pay for prescriptions. This plan does, however, have a maximum of
$200 on prescriptions.
Both plans cover a large percent of customary charges,
with Plan One covering 80 percent and Plan Two covering 70 percent.
In regard to prescription charges, if a student
visits the Purdue pharmacy, the $10 price for prescriptions applies.
However, if the student visits a pharmacy other
than Purdue's, he or she can send the prescription receipt to the insurance
company for reimbursement for costs over $10.
There are four undergraduate plans altogether,
but the other two plans are very similar to those described previously.
The difference lies in the student's eligibility for the plans.
Two are strictly for international students, and
two are for domestic students. All students not covered by their parents'
insurance are eligible for these plans.
For more information, visit Room 340 of the Purdue
University Student Health Center or call 496-3998.
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