Although some Rutgers University students expect to see an increase in their tuition for next school year — what they may not be expecting is an increase to a cost of their university-provided health insurance.
The new federal health care legislation, coupled with a N.J. state law that requires full-time students at colleges or universities have health insurance to cover basic hospitalization, will increase the cost of the minimum coverage provided by the university.
“Effective this coming year, we are going to have a hard waiver program that has a minimum limit of $100,000,” said James Breeding, director of Risk Management and Insurance at the University.
This will be an increase of between $600 and $800 from the mandatory coverage provided currently with a limit of $5,000 at about $170 per student, which anyone without insurance must pay, Breeding said.
“If [students] don’t have health insurance, they will have to buy into this program, but the cost they are getting it at is very competitive,” he said.
Read the full story at the Rutgers Daily Targum.
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