December Grads: Have You Thought About Health Insurance Coverage After College?

December 15, 2011
December Grads: Have You Thought About Health Insurance?

If you’re graduating this December, congratulations! What an achievement! Unfortunately, with graduation comes a lot of potentially stressful logistics – finding a job, moving, maybe even applying to grad school. You’ve got a lot on your plate, so maybe you haven’t had a chance to think about what’s happening with your health insurance upon graduation. Don’t worry, we’ve got you covered (and can offer you coverage, literally!). Here are some things you should consider when that hard-earned diploma is handed to you.

When your college years come to an end, unfortunately so does the health insurance covered by your school.  It is a challenge to walk out of college and into a full time job with health insurance benefits without any interruption in this day and age. Having health insurance is critical since there is no telling when an accident or an illness will occur. Whether you slip and fall on ice or become ill, things can happen that unfortunately are entirely out of your hands. Health insurance is a way to help protect yourself.

During an injury or illness, the last thing you want to worry about is digging yourself into more debt because you don’t have coverage. The National Center for Health Statistics found in a 2007 study that injury-related emergency room visits were most common in young adults. Being uninsured can lead to expensive medical bills, and we all know college loans can be quite a burden; medical bills should not add to them.

If your parent’s insurance covers children, under the Affordable Care Act you can be covered until the age of 26. For those who are lucky enough to have parents with good health insurance coverage, this is a great option. There are a few tricky components to consider in this great option. If you are living far from home you may not have access to your plan’s usual health care providers, and it is likely there will be extra cost to see a physician outside the plan. In these uncertain times, a sticky situation can arise if the parent providing insurance looses his or her job.

Some graduates do not have the option of being under their parent’s health insurance plan. To ensure your health and your bank account, it is important to be covered at all times. Luckily Short-Term Medical Insurance offers insurance for students, recent graduates and young adults who are in transition. One option is GradGuard’s Short-Term Medical Insurance, which strives to cater to everyone’s needs. Whether you need a plan that covers prescriptions or mental health, or a plan that covers both, there is something for everyone. With GradGuard you’re able to:

  • Choose the length of your plan
  • Find the best price and plan from multiple insurance companies
  • Choose a payment plan to fit your needs
  • Choose your own doctor and facilities
  • Get next day coverage available

The plan is flexible, you can be covered anywhere from 1 month to 12 months at a time. If you are bridging the gap between school and your first job, this is a great option to hold you over until your employer’s plan kicks in.

Everyone’s situation is different, but accidents and illness happen to everyone, and usually when we least expect it. Be prepared by making sure you have the right health insurance to ensure your safety and future by surveying all your options and taking the time to choose the one that’s right for you. Again, congratulations on earning your degree, we wish you good luck, health and happiness in your future!

Photo by kphotographerrr

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