Our good friend Julie Ferguson got the honor of hosting Cavalcade of Risk #50 over at Workers Comp Insider. My favorite post is about something I kept meaning to write about… student health insurance offered through universities. What Bob writes about is not a rare situation when it comes to the plans offered through the school:

The lowest estimate for the cost of his care, which includes two rounds of chemotherapy treatments and surgery, is $300,000. Even one week in a hospital can cost thousands of dollars, Liu said.

Only one problem.

His student health plan has a $50,000 limit.

Rick’s comment makes a good point:

The biggest issuer of student health plans: MEGA Life & Health. ‘Nuff said.

These plans (even the ones not issued through MEGA Life & Health) offer the same misleading general information that most people don’t look much beyond – a low deductible, 80/20 coinsurance, copays for doctors visits and Rx, and even maternity coverage. Check out the plan information for Colorado State University (CSU) and Colorado University (CU).