NYU 2020 Health Insurance Waiver Guide: How to save $2,700+/year?

NYU 2020 Health Insurance Waiver Guide: How to save $2,700+/year?

 

Attending a US college can be financially stressful. The average fee to attend a private non-profit four-year university is $48,510 per year. For international students, the costs are even higher.

But do you know that you can save up to $2,700+ a year with insurance waiver? Enroll by 9/30/2020 and simply submit your waiver by 9/30/2020 so you can save $2,700+

What is an insurance waiver?

 

On your tuition bill, you will see that NYU has automatically enrolled you in the university’s insurance plan.

 

However, international students can enroll in a surprisingly more affordable plan designed specifically for them. NYU’s insurance plan costs $4,053 a year. Alternatively, health coverage for international students can be as low as $1,290 a year.

 

An insurance waiver is an application to switch your plan that better fits your needs. Simply enroll in an insurance plan that meets the school’s waiver requirements and submit an insurance waiver on the school’s website.

Why are alternative health insurance plans more affordable?

 

The insurance costs are calculated based on the risks of the demographics. University health plans are usually more expensive because the plans serve a broader range of the population, including international and domestic students.

How to pick a health insurance plan?

 

A good insurance plan protects you from minor illnesses to serious injuries and diseases. When you’re looking for a plan, consider these factors:

 
  • The Costs Some plans are much more cost-effective than others. But the cost is the only factor you need to take into consideration. A plan with limited coverage can lead to catastrophic financial loss.

  • Insurance benefits Read the insurance policies carefully. A good insurance plan should have a low deductible, a high coinsurance, low copays, and a low out-of-pocket maximum.

  • Provider network Provider network is a group of care providers partnering with the insurance company to provide you with pre-negotiated rates. A powerful network allows you to find trustworthy doctors and hospitals wherever you need.

Can you recommend a good health insurance plan?

 

Student Medicover, a partner of UnitedHealthcare, offers the most cost-effective and reliable health insurance plans for international students in the market.

  • Reliable Coverage: Their coverage features low deductibles, high coinsurances, low copays, and low out-of-pocket maximums. Their plans offer substantial coverage for doctor visits, hospital stays, emergency care, prescription drugs, and many other treatments found in the policy brochures.

  • Find a trusted doctor anywhere in the country With Student Medicover, you can access accredited care providers in the nation’s leading network – UnitedHealthcare Options PPO. You will enjoy lower costs for in-network medical services with pre-negotiated prices.

  • Visit Student Health Center: Student Medicover offers in-network benefits for treatments received in any student health centers in the country, including NYU Student Health Care Center.

  • 24/7 Customer Service If you have any questions, you can always ask a customer service representative through email, phone, WhatsApp, Facebook, and online support center.

Here is a brief comparison between school’s plan and Student Medicover’s plans:

The chart is only a brief overview. Please refer to the policy brochures to learn more about the plans.

How to waive health insurance?

 

Completing an insurance waiver is very simple. It takes you only 15 minutes.

 

STEP 1: Enroll in an insurance plan

Visit Student Medicover, scroll down to “Enrollment”

-Choose your Birthday

-School: Choose “New York University”

-Student Category: F1 International

-Coverage Period: 08/21/2020-08/20/2021

 

STEP 2: Download your ID Card

– Go to UHCSR.com

– Choose “CREATE MY ACCOUNT” at the bottom

-Enter your Name, Birthday, and your Registered account email to create account

-Choose “Certify No Insurance” when the system ask if you have other insurance

-Log in to “My Account”, click “ID Card” so you can download and print it

 

STEP 3: Download your confirmation letter

 

-Go to smcovered.com

-Click “login” at the top right corner and log in with the email and password you set when you enroll

-Click “MY ENROLLMENTS” for your confirmation letter

 

STEP 4: Fill in the waiver form -Student Medicover will be sending the waiver form to your registered email within two workdays

-Fill in the Section A with your name and Student ID#

-Fill in the Section B with your Member Insurance ID (SR ID on your insurance card)

 

STEP 5 : Send your waiver form out

A. Send the form to the Insurance Office by email:

health.insuranceattestation@nyu.edu

 

OR

 

B. You can send the form to the Insurance Office directly:

NYU Student Health Insurance

726 Broadway,

Suite 346 New York,

NY 10003 

212-443-1020

 
 

STEP 6 : Confirm your waiver

-Visit the website

-Enter your Student ID# and birthday to login and confirm your waiver

 
 
 

After your application is approved, the school will either refund you or remove the health insurance fee on your tuition bill.

 

#WaiverGuide #NYU

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Why Choose Us – 4

“I still remembered the first time when I went to hospital in the US, I was so anxious as it was difficult to communicate due to language barriers. I called the Student Medicover, and one of the representatives was really helpful, she also speaks mandarin and she assist me for the entire process.” – Carol Lan

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Why Choose Us – 3

“Customer service staff, especially Jane, has been very helpful and caring. My doctor sent the wrong claim documents and refused to go back and correct it until Jane helped me to appeal and resolve the issue. Saved me a lot of time and hassle.” – Tong Jia

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Why Choose Us -2

“I went for immunization injections, and the doctor have me went through some blood test. Actually, I have confirmed with my doctor about insurance benefits, however I was not aware that those tests have been processed with another separate lab and it turned out not being covered because some code reason. So I contacted Student Medicover about my denied claim and one of their representatives has been really helpful and truly helped me contact a 3-way communication with lab and hospital and it ends up to be covered for 90%. Really appreciated.”  – Kelly F.

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Why Choose Us – 1

“I got in trouble with claiming my bill because of my university pharmacy’ fault. Thanks for their customer service Kevin’s help I got my money back after two months. She is very patient and professional. Whenever I had questions she always answered on time without her help I can’t give my money back. Highly recommend Student Medicover! It helps me save lots of money!”  – Zhourui Zhou

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