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Monday, June 04, 2012

Obamacare Is Why Schools Are Raising Premiums Sharply or Dropping Coverage

By Susan Duclos

College students will be  forced to pay a massive increase  for healthcare coverage at some schools and other colleges have decided to stop offering coverage to their students because of Obamacare.


Bethany College in Lindsborg, Kan., this past year offered a 12-month plan that cost students $445, while capping payouts at $10,000. For the 2012-13 academic year, the Obama administration said the payout cap must be at least $100,000. Bethany said students would have had to pay more than $2,000 to get that new level of coverage.

"We decided not to offer coverage for our students next year given the proposed increase in premium," said Bob Schmoll, Bethany's vice president for finance.

Mr. Schmoll said his school wished it could have kept the limited-coverage plan, which he said was a "fairly robust program for the type of need that most students of that age have." Even the old premium was "for many a struggle to pay," he said. Students previously had to sign up for the school's plan if they didn't have other insurance. Now students won't be required to have health coverage.

That is besides the religious colleges dropping student coverage due to the HHS mandate that violates their religious freedoms and would force them to provide access to insurance that covers not only contraception but sterilization procedures and abortion-inducing drugs, some of which have already provided notice to their students that they would no longer be offering any coverage.

Reminder- The Supreme Court is due to rule on the constitutionality of the individual mandate which is part of Obamacare this month as well as the lack of a  severability clause in the 2010 Obamacare law, which could result in the whole law being overturned.