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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

Content is the opinion of the author and does not represent the position of any other person or entity. Information is from sources believed to be reliable but cannot be guaranteed.

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Student health insurance rates

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If in doubt, please send a new question or ask for an update.

Q: You wrote that many student health plan raise rates on July 1 of each year. Does that mean that if I replace my policy with a new policy issued today that the rates will remain the same for another full year?

A: Yes, the highest quality short term health insurance plan available in most states will be raising rates for new plans issued on July 1. Many of the nation's student health plans also increase their rates on July 1. It is possible to lock in lower rates for up to 12 months by enrolling today with an immediate effective date tomorrow, June 30. includes all enrollment information and will confirm issuance of these policies within one business day. The rate increase affects short term as well as the longer three year plans. A rate can only be guaranteed for up to 12 months, since the three year plans renew each year at the current rate. Adults or students should enroll today (6/29) in order to ensure an effective date of 6/30. Parents can enroll their dependents and students can use a credit card that is in the parent's name.


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