The Wall Street Journal has a great article on how college students can prepare for their insurance needs upon graduation.
“The good news is for most 21-, 22-year-olds there are plans that are very affordable,” says Mr. Gibbs. A 2008 study found the average monthly premium for 18- to 24-year-olds was just $107 a month — albeit with a substantial average deductible of $1,932.
“The smart thing to do if you’re in good health is to buy a policy with a high deductible and low premiums, to protect you in an event of a catastrophic illness,” says Mr. Billet. Skipping coverage may be tempting, but it’s foolish because there’s always the risk of serious illness or accident.”
Gibbs makes a fantastic point – health coverage for young adults is very affordable, so you need to do your research and find a plan that is the right-fit for you.
Consider short-term medical insurance; it’s got a high deductible and low premiums, just as Billet describes in the WSJ piece. Was the article also states, COBRA is a possibility, but be careful: COBRA can be very costly. Either way, do your homework and get insured!