When a student is older than 26 or cannot find employment and can no longer be on their parents health care insurance there is hope. The hope is regulated from the federal government through funding ones own education. In the event the student does qualify for funding disbursements past the payment to the school for education costs funds can be used to pay for health care insurance (Sallie Mae 2013; Fasfa 2013). Therefore let your education help you not avoid care.
A few tips to learn about using awards to gain health care benefits:
- Ask the schools financial aid department to give you information about additional funding for stipends.
- Call you current health care provider or the state of Minnesota about qualifying for health care coverage.
- Gather all financial documents and be prepared to fax them to the school and health care system to review (State of Minnesota Health Care, 2012).
In the event the College and health care system do qualify you for a plan the payment will be contingent upon your annual income. Most of the coverage’s you would expect from a parents or employment care plan will be available to you. For example, Blue Cross Blue Shield. It will usually take about 30 days to review the process for approval (Blue Cross Blue Shield, 2013).
For example, a payment plan can be a monthly plan that has you pay 1 month in advance so your coverage is always paid. The payment system also allows you several options to keep premium up to date:
- You can mail the payment
- You can pay online
- You can call and pay your payment
These affordable plans are delightful to choose from and have many providers that are accommodating to your liking. You might even have the largest accommodation and your current doctor might be in the plan. If your doctor is not in the new pool of medical caregivers ask your physician for a best referral and call them (State of Minnesota Health Care, 2012).