International students that are planning to study in the United States need to prepare extensively before their move, which can require facing new ideas and getting ready for life abroad. One of the most important things to consider and plan out before relocating to the U.S is health insurance. Universities and immigration may require U.S issued insurances, depending on the type of visa the student is holding. The majority of hospitals and doctors in the U.S do not accept health insurance from other countries.
While it may seem like the costs keep adding up when there are already factors like tuition, accommodation and other various expenses, it is much better to be prepared for the worst. Those who do not have health insurance in the U.S can end up paying a lot more money, which can make it extremely difficult to continue education with their current budget plan. Some universities help with health insurance so it is good to find out the different universities policies before making a decision if you have several choices available.
Health insurance protects those who have it from losing significant amounts of money if an injury or illness occurs. There are various types of insurance plans which suite different circumstances, such as dental or long-term coverage. Typical health insurances take care of hospital, surgery and doctor’s fees. Those on Scholars or Exchange type visas are required to purchase U.S-based health insurance. Those who enter the U.S for education using a J-1 Student Visa (along with those who are accompanying them) are required to have health insurance for the entire length of their stay in the country.
Students entering the U.S on a F-1 International Student type visa are not able to receive financial aid from the university and need to be able to pay for their own expenses throughout their entire education in the country. It is recommended for these types of students, as well as those joining them, to purchase health insurance as well.
The reason that health insurance is particularly important in the U.S is that health care is expensive. Those who have illnesses or injuries without health insurance end up paying high fees. Those who do not have enough money to pay for the care may have to return to their home country to receive treatment, which could severely hinder their education. It is common for health care facilities to turn down international students who do not have health insurance or money on hand. The best way to ensure that you are not severely affected by the extreme costs of U.S health care is to receive health insurance since this option costs much less than it would without the insurance.
International students that are in the U.S using a J-1 Visa are required to sign up for their university or college’s Student Health Care Plan, or provide proof of their U.S-based health insurance. Those who are studying with the F-1 Visa can choose to buy health care coverage under the Student Health Care Plan.
There are a few common options when it comes to health insurance for international students. They include fee-for-service, managed care and consumer driven, which are different types of health insurance options available in the U.S. They cover the costs of surgery, medical and hospital care. Dental, mental and vision care are sometimes included as well as the cost of prescription medication.
Managed care, or Preferred Provider Organization (PPO) allows students to receive cheaper costs from health care providers. In order to receive lower rates, those who sign up for this plan are only permitted to visit the health care facilities that are part of the plan. There is also an out-of-pocket maximum, which means that the insurance will cover costs after your maximum spending has been reached. This plan also includes HMO (Health Maintenance Organization), which encompasses health benefits at a flat rate fee.
Fee-for-Service, otherwise known as indemnity, plans allow those with the plan to choose their own facilities and doctors. The fees for doctors and hospitals are covered by the provider, which works by making a selection and claiming to the insurance provider in order to receive reimbursement. The only expenses that are reimbursed are the ones covered by the insurance company so make sure to know the list of what is covered. This plan also tends to have an out-of-pocket maximum.
Consumer driven health care plans offer the widest selection when it comes to benefits. Many types of funding under consumer driver insurance even transfer money that was not used and roll it over once a year has been reached, which can cause the unused amount of money to add up significantly.
Other options for health insurance include dental insurance, vision insurance, disability income insurance, long-term care and catastrophic coverage. It is common for some insurance providers to cover dental care those but for those that don’t it is advisable to sign up for an additional dental plan as well. Vision insurance is also often included and should be purchased if it is not. Disability income insurance allows for those who apply to receive an income if an illness or injury prohibits them for working, which is an average of 60% of the income that they were receiving at the time of the incident.
Long-term care encompasses nursing, in-home and medical care in case one becomes unable to take care of themself due to disability or sickness. Catastrophic coverage covers medical and hospital fees when a particular deductible is reached. There are rules that must be adhered to regardless of the plan that is chosen.
While it may seem like health insurance isn’t necessary, our future is unpredictable and we never know when something will go wrong, such as with a severe illness or injury. Those that do not have adequate health insurance might not be able to pay for their bills. One of the best things about having health insurance, as an international student in the U.S, is the confidence that you are covered regardless of what happens.