Tuesday, May 16, 2006
A Survey States That Parents Should Have Education on Health Insurance Options for College Grades
Source: hr.cch.com
Parents of the young students should be aware of the health plans that covert their children and the options that are available for short term medical insurance. This can be made possible with remedial education. With the findings of the recent national survey on college parents revealed that only 23% were aware and confident with their children who have the ability to find a job after college that provides health insurance. Yet, few parents have the idea of buying a short term medical insurance package for the young adults at $ 50 per month.
This research was undertaken by the College Parents of America and Assurant Health. The results of the previous survey showed 40% of parents who believed wrongly that adult children aged “between” 21-24 living at home were covered with the insurance plans. Mr. James A. Boyle the founder and president of College Parents of America said in his report that they hope to send a week call to the tens of thousands of parents who are not aware that they may get into great financial risk after their children graduation is completed once for all. He was the only member dedicated to advocate and serve on the behalf of the current and future college parents.
The survey findings included the following results:
1.20% of the parents have no idea about the health insurance plans and terms hat cover their college children.
2.Most of the parents believe that the short term health insurance for healthy adult’s costs more than $100 per month but the actual cost range is $50 per month.
3.68% parents were not aware about the health plans with the typical offers and coverage of the health insurance for six months.
Further studies reveal that about 40% of young adults are uninsured during the following year of their graduation. Andrews, the Vice President of the Short term Medical for Assurant Health “With the increased college expenses, the parents and the children is to manage with the unexpected medical bills in future”. According to his data a climbing accident could lead to more than $450,000 of medical expenses and with the health insurance policy holder can reduce the risk of paying the bulk amount at a time because he had already secured himself by paying the amount for six months. This is a clever approach to lead a secured life.
Source: hr.cch.com
Parents of the young students should be aware of the health plans that covert their children and the options that are available for short term medical insurance. This can be made possible with remedial education. With the findings of the recent national survey on college parents revealed that only 23% were aware and confident with their children who have the ability to find a job after college that provides health insurance. Yet, few parents have the idea of buying a short term medical insurance package for the young adults at $ 50 per month.
This research was undertaken by the College Parents of America and Assurant Health. The results of the previous survey showed 40% of parents who believed wrongly that adult children aged “between” 21-24 living at home were covered with the insurance plans. Mr. James A. Boyle the founder and president of College Parents of America said in his report that they hope to send a week call to the tens of thousands of parents who are not aware that they may get into great financial risk after their children graduation is completed once for all. He was the only member dedicated to advocate and serve on the behalf of the current and future college parents.
The survey findings included the following results:
1.20% of the parents have no idea about the health insurance plans and terms hat cover their college children.
2.Most of the parents believe that the short term health insurance for healthy adult’s costs more than $100 per month but the actual cost range is $50 per month.
3.68% parents were not aware about the health plans with the typical offers and coverage of the health insurance for six months.
Further studies reveal that about 40% of young adults are uninsured during the following year of their graduation. Andrews, the Vice President of the Short term Medical for Assurant Health “With the increased college expenses, the parents and the children is to manage with the unexpected medical bills in future”. According to his data a climbing accident could lead to more than $450,000 of medical expenses and with the health insurance policy holder can reduce the risk of paying the bulk amount at a time because he had already secured himself by paying the amount for six months. This is a clever approach to lead a secured life.
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