Colleges say reform to change the health insurance policies of students

21.28
Colleges say reform to change the health insurance policies of students -

keyboard The American Council on Education recently sent a letter to health and human services Secretary Kathleen Sebelius said that colleges will not be able to offer health insurance plans if the plans student must follow the new regulations of the reform. And the group of education said that without regulatory changes, colleges will not be able to offer the plans.

Many colleges offer health insurance plans for students who have been under investigation this year. College plans typically offer either cheap policies with limits and coverage limits or plans with more expensive coverage limits. Critics plans limited colleges think colleges should offer just normal individual health insurance policies.

reform health care will be part of illegal college plans according to McClatchy .The college Plans will no longer be able to impose limits and caps on lifetime or annual policies from 2014. in addition, the new medical loss ratio (MLR) require plans to spend 80 to 85 percent on medical expenses and only 15 to 20 percent on administrative costs.

At present, many colleges do not think they have to meet all these requirements, as they are of limited duration policies. These policies expire after a certain period of time. But it is unclear how human health services and will respond to the letter and these notions.

Kathleen Sebelius has not yet responded to the letter, but it is important to remember that the reform will allow young adults to stay on their parents' health insurance policies up to that they turn 26.

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