State of Healthcare at Universities and Colleges

Monday, April 13, 2015

Universities and colleges across the country are cutting back on providing health insurance for their student populations due to the Affordable Care Act's minimal essential health benefits requirements.  Now student health plans are looking more like the plans offered to faculty and thus cost increases have become unsustainable.  Carriers themselves have exited the sector due to the changing of the risk pool.  A narrowing market and an increased cost burden have caused student health brokers to re-think strategy going forward.  As universities contemplate dropping health coverage, brokers step in to advise.