Health plans milk college students

The state has issued a new report documenting yet another way college students get nickle and dimed — on health insurance. The message here — stay on your parents plan.

Here a link to a PPT on the actual study.  

This from the Globe story:

Insurance companies rack up much higher profits on health coverage sold to nearly 100,000 Massachusetts college students than on plans available to the general public, according to long-awaited data released late yesterday by the state. The figures also show that college-student plans also have higher administrative costs…

The state plans to “study whether the Connector Authority, the agency that oversees the state’s landmark health insurance law, could create a better product for the student market.”

Isn’t that something the universities should be doing?

 

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