CSU colorado state university
From ColoradoHealthInsuranceWiki
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[edit] Colorado State University Health Insurance
The optional health insurance program at Colorado State University (CSU) is called the Hartshorn accident/sickness policy.
[edit] Deductible and Coinsurance
The policy has a $250 deductible per person per calendar year and a $500 family deductible per calendar year with an 80% coinsurance and an out of pocket maximum of $2,000 for individuals and $3,000 per family.
[edit] Drawbacks To The Plan
As with most student health insurance plans offered through the university, there are very low limits on how much the policy will pay, leaving a high exposure to the insured student.
The Overall Maximum Combined Benefit per school year (Excludes prescription drugs) - $1,500 (see page 2 of the CSU Student Accident and Sickness Plan Brochure)
- Physical Therapy
- Tests/Procedures
- X-Ray
- Surgical Procedures
- Laboratory
- Infirmary
- Consultations
- Braces / Casting
- Intravenous Care
- Appliances
The maximum benefit per accident or sickness is $200,000 with a lifetime maximum of $800,000.
The Overall Maximum Prescription Drug Benefit per school year - $400
[edit] Price of the Plan
| Coverage | Fall | Spring/Summer | Summer |
|---|---|---|---|
| Student | $885 | $965 | $552 |
| Spouse | $1,807 | $2,192 | $1,202 |
| Each Child | $1,190 | $1,442 | $789 |
[edit] Waiving Coverage
[edit] Undergraduate Students
Undergraduate students can waive coverage without providing any proof of other coverage.
[edit] Graduate and International Students
Colorado State University recently passed a bill requiring graduate and international students to have health insurance. However, they don't have any current requirements for the insurance coverage (minimum deductible, out of pocket maximum, etc), only a waiver form to be submitted for approval. See an FAQ on the CSU Hartshorn website about proving equivalent insurance.
[edit] The trouble with proving equivalent insurance
Vickie Bajtelsmit, a finance professor in the Colorado State University College of Business and the author of three personal finance books, recently wrote a news release in the CSU News and Information news releases - (pdf version). In it, she advises against having a health insurance policy with a $250 deductible, because that isn't the point of insurance. So a person with the ideal health insurance policy would have a tough time comparing their coverage with the CSU Hartshorn plan that has a low deductible but also has very low coverage limits on potential catastrophic claims.
