Proof of Insurance: Is UChicago the new normal, or over the line?

Wow, seems like way too much information to me. Georgia Tech only requires mandatory insurance for select graduate students and also for undergraduates with visa’s. The rest of the students don’t even have to show proof of insurance…I doubt University of Chicago is doing this because of kids potentially needing an ambulance… sounds more likely they are either trying to use the information for other purposes or to make money selling insurance.
I understand a college asking for a copy of an insurance card, we have been doing that since the kids went to kindergarten. But IMO the rest of it is none of their business.