<p>The SAMBA insurance premium is high. I had some quotes for a young person on ehealthinsurance and the premium is about $60-70 for a HSA plan. Unless a student comes with existing condition, most young students can get insurance for much cheaper premium.</p>
<p>I remember receiving something for insurance coverage from our DD’s university after she graduated, to cover her until her job started, and she started insurance. You might check with the school to see if they have anything. It was a fairly high deductible, catastrophic plan, but would have been fine for the couple of weeks between graduation and start of work.</p>
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<p>It’s not high if you compare coverage. The policies you’re finding for $60-$70 are high deductible, high out of pocket maximums, possibly no prescription drug coverage. You have to compare apples to apples.</p>
<p>I agree but at this stage most students basically don’t have a lot of need to go see doctors yet.</p>
<p>Agreed that the 70-100/month policies are high deductible, high out of pocket.
But for MOST young adults, this works fine. They generally have few medical needs.
Only need to cover for unexpected hospitalizations.</p>
<p>OUr son will maybe fill 2 generic prescriptions a year…don’t need coverage for that.</p>
<p>Our kid has a $1500 deductible and then 100% coverage. His plan also includes $2000 a year worth of prescription coverage. Since he uses two prescriptions that are about $75 a month each…his premium of $195 a month seems modest to us.</p>
<p>We got a very high deductable policy for about $90 a month when our daughter turned 22 last March and we lost the FEHB family coverage for her. Hopefully the age gap will expand to a more realistic 25 or 26 and the Medicare donut hole will be eliminated with the Health Care Reform the Senate signed last night…</p>
<p>This is helpful information. My husband is recently retired federal employee and we are covered for youngest d up to one month past her 22 birthday through our FEHB, Empire Blue Cross/Blue Shield plan in NYS. She graduates in May so we will have to find coverage for her. When our older aged out she was beginning grad school and had better opportunity through school progams and this year she was entirely covered as part of her stipend/tuition remission deal. Come May she too will graduate so unless she locates a job with benefits quickly, we’ll be in the same position with her. Both girls are in the arts so will not be looking at major corporation type positions with benefits.</p>