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Not everyone uses health insurance, so the unused portion goes into the pool.
Likely case is that it worked like the insurance I had in grad school. 100% coverage for campus medical facilities and high deductible otherwise. Light years from "crap" insurance.
That is how ALL insurance works, my friend.
For $10/mo? The U of CO has some sort of policy like that for ~$260/mo (~$1300/semester). Student Gold Health Insurance Plan | Wardenburg Health Center | CU-Boulder
**Out-of-pocket maximum of $5,000 for PPO network and $10,000 for non-PPO network per plan year
Annual policy maximum of $1 million**
My guess is the university was subsidizing this insurance heavily, and decided not to do so anymore and blame it on Obamacare. Such a convenient whipping post.
I wonder how many students this will actually impact. The student health services at MD public universities accept the insurance plans common in this area so the plans offered had to be for non-insured students.
When Daughter 2 went to a MD school she was offered the school's plan (the number of $50 or so sounds about right if memory serves) but since she was covered under my policy she didn't need it.
If they can stay on their parents insurance till they are 26, why do they need coverage ?
They need coverage because we're talking about historically black universities, most of these students came from single "parent" homes where the single parent didn't work and never had insurance to put their kids on in the first place. The American people have been covering the medical costs of these students their entire lives, no need to fix that now right?
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Who the h*ll uses insurance to buy bandaids? No one, that's who! But, if you had a bad cut, and went to the dr. for stitches (now I know you'd just put your finger under the needle of your sewing machine, but I'll tell you from sad experience the needle will break and you won't get a stitch formed), you might end up consuming a box of bandaids. However, you'll pay for the stitches.
Real men(and real women) know how to use a needle and thread if they have to do any sewing.
Liberals are too reliant on technology, and in being so are driving up the cost of health care.
It costs more to use a sewing machine rather than perform manual stitching.
How did you get appointed arbiter of what insurance "should" pay for? Insurance is a contract between the ins. co and the individual. ?
That is true, and about the only thing in your long post that made a bit of sense.
Since it is a contract between the insurance company and the individual, why should government be involved, except for enforcing the contract through the courts?
Why should government be the arbiter of what insurance should pay for, especially when it requires men to have maternity care insurance?
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