wincew wrote:
Hey everyone...
Was hoping someone could help me with a question on health insurance for international students..
Another student sent me this health insurance plan for international students
https://www.psiservice.com/psiweb/brows ... ge=studentand the summary of benefits
https://www.psiservice.com/psiweb/plans ... EFITS.htmlEven if I go for the most expensive plan - the annual cost is $1140. Is there something wrong / missing with the plan compared to NU insurance or others? How much the cost is so much lower? Did I miscalculate somewhere?
Thanks for your help!
Like Jerz said, I'd be somewhat skeptical of that plan, especially this part: % Insurance Pays for First $25,000 in Cost, 80% of negotiated fee; subject to policy limitation. That means you'd be out $5,000 for any procedure that costs over $25,000. And the $500,000 maximum is not high enough IMHO. I'd want $1,000,000 or more.
Other plans I know such as Blue Cross/Blue Shield have an out-of-pocket maximum of $1,000 - $3,000 and a lifetime benefit of $5,000,000. I mean if god forbid you were to get cancer or something, your bills could easily be $750,000 - $1,000,000. In that case, you'd be in a lot of trouble.