Student Medicover can be worth it if your university approves the exact Supreme, Elite, or Prime certificate, but Basic is usually too thin to justify waiving SHIP just for the lower premium.

(a)

Student health insurance coverage is a type of individual health insurance coverage (as defined in § 144.103 of this subchapter) that is provided pursuant to a written agreement between an institution of higher education (as defined in the Higher Education Act of 1965) and a health insurance issuer, and provided to students enrolled in that institution of higher education and their dependents, that meets the following conditions:

Health Insurance

F-1 and M-1 students have the responsibility to purchase health insurance for themselves and their families while they study in the United States. The Student and Exchange Visitor Program-certified school a student attends may provide health care during studies; however, requirements and fees associated with health coverage differ from school to school.

(b)

Minimum coverage must provide: (1) Medical benefits of at least $100,000 per accident or illness; (2) Repatriation of remains in the amount of $25,000; (3) Expenses associated with the medical evacuation of exchange visitors to his or her home country in the amount of $50,000; and (4) Deductibles not to exceed $500 per accident or illness.

Insurance Waiver—Plans that do not meet standards

Health insurance plans marketed solely to international students are often not underwritten by a U.S. based insurance company and are not filed in the US. These plans will not meet University of Michigan waiver requirements. ISO, PSI, Student Medicover, PGH Global, WellAway, and DIANins are examples of companies whose plans will not be accepted as substitutes for the U-M International Student/Scholar Health Insurance Plan.

Insurance Enrollment/Waiver Process

Students with comparable coverage may waive the NYU-sponsored plan by September 30.

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Annual premiums starting from approximately $800 for eligible students. However, waiver approval is determined solely by the university and depends on whether the selected plan meets all required benefit criteria.

Schedule of Benefits

Policy Maximum Benefit $500,000 (For each Injury or Sickness). Prescription Drugs No Benefits.

Schedule of Benefits

Mental Illness Treatment Inpatient: $10,000 maximum per Policy Year Outpatient: $5,000 maximum per Policy Year 40 visits maximum per Policy Year.

Termination and Refund

Refunds of premiums are allowed only upon entry into the armed forces. The Master Policy is a non-renewable one year term insurance Policy. The Master Policy will not be renewed.

Schedule of Benefits

No Overall Maximum Dollar Limit. Out-of-Pocket Maximum Preferred Provider $5,000 (Per Insured Person, Per Policy Year).

Schedule of Benefits

Deductible Preferred Provider $0 (Per Insured Person, Per Policy Year). Out-of-Pocket Maximum Preferred Provider $6,350 (Per Insured Person, Per Policy Year).

Schedule of Benefits

Deductible Preferred Provider $100 (Per Insured Person, Per Policy Year). Out-of-Pocket Maximum Preferred Provider $6,350 (Per Insured Person, Per Policy Year).

Schedule of Benefits

Deductible Preferred Provider $500 (Per Insured Person, Per Policy Year). Out-of-Pocket Maximum Preferred Provider $7,350 (Per Insured Person, Per Policy Year).

Waiving insurance FAQ

You can always request a refund. Proof of a denied waiver application, such as a screenshot of an email from your school indicating that your waiver was denied.