Insurance Waiver?

<p>Not that I like to complain but the university charging more than $2000 a year for what the UShip health insurance is a complete rip off.</p>

<p>I found a much cheaper insurance that meets all of the waiver requirements except for the maximum life time benefit of $1 mil. Can I just check it anyway and send the waiver? If so, do I click yes or no when they ask if they can disclose my info for verification?</p>

<p>I assume that lots of people are not going to buy UShip so if you have exp in doing this please help me out here. Thanks!</p>

<p>I found Uship is diffcult to beat IF you have comparable coverage from outside. I spoke to many insurance agents and did not find any comparables. You can find much cheaper coverages that will get you the waiver, but not the same coverage as Uship. Most of the programs will not cover international study and Uship does. That is why we are still paying.</p>

<p>I’m not sure if not checking that single box on the insurance waiver would necessarily mean that the waiver wouldn’t be accepted. The coverage has to be comparable, not identical.</p>

<p>Having said that, just checking “yes” anyway probably wouldn’t hurt you.</p>

<p>did the waiver last year and will continue- our insurance is compatible- bc/bs fep-yes D used both the plan and the student clinic on campus last year without problems. they sent her from the clinic for an xray then our insurance was billed for that part at the uchicago hospital.</p>

<p>The fact of the matter is that they never actually check whether your health insurance plan is identical. The waiver just exempts the university from any liabilities if you’re involved in any accidents. Just be prepared to accept all (both legal and financial) responsibilities if something happens to you.</p>

<p>Going naked - without health insurance - is a risky business. Our D had a health problem her first year that would have cost us many thousands if she did not have insurance. </p>

<p>To make matters worse, at that time, a few years ago, having a health problem without coverage could make one uninsurable - continuity of coverage issues. Now of course, the health care reform legislation is addressing this, but who knows if the law will stay favorable to consumers. I bet not in the current political environment. </p>

<p>The problem we all face is the risk of a catastrophic event, health and financial. You can really gamble here and lose big. We parents can be financially responsible for our kid’s health care cost for quite a while, and while they’ll get care in an emergency regardless of insurance, guess who pays? And we pay list price, which can be 10X what an insurance company pays.</p>

<p>I agree. Don’t be penny wise and pound foolish…</p>

<p>Any prolong illness will cost 10x the cost of an insurance, even Uship is at $2500 for a year. A broken leg, for example, the ambulance alone will cost say $1000 and for the doctor even to see you, $700. Had a small skiing accident, walked into a doc. office, $750, I had to pay in advance, since it was in Canada.</p>