U of Nebraska to cover some of students’ insurance hikes
LINCOLN, Neb. (AP) — Students signed up for University of Nebraska health insurance will be paying nearly 19% more for premiums next year, but the university will cover a 234% increase in the plans’ out-of-pocket maximums.
Students expressed alarm after they received word from the university system last week informing them of the premium hikes and other health policy changes.
System President Hank Bounds said in an email to students Thursday that the system had found a one-time solution to keep the out-of-pocket limits from increasing.
The Lincoln Journal Star reports that students enrolled in individual plans would have paid $7,350 out of pocket to in-network providers before insurance covered 100% of the costs. Plans covering families would have seen out-of-pocket maximums increase to $14,700.
With the university’s help this year, then, the maximum out-of-pocket cost for in-network providers will stay at $2,200 for individual plans and $4,400 for family plans.
Information from: Lincoln Journal Star, http://www.journalstar.com