• zInternationalStudents Blog

  • Saturday, February 16, 2019

  • Exchange Student Insurance Fights the High Cost of Medical Coverage

    Filed Under: Health Insurance
For exchange students, the prospect of studying in a new country for a semester or even a full year is a dream come true. The chance to learn about a new culture firsthand while continuing to advance your education and challenge yourself personally is a rare and valuable opportunity that few people have the chance to experience in their lifetime. But without international exchange student insurance, that dream could very quickly become a nightmare if health problems arise during your stay.

Even if you are, as most exchange students are, housed with a host family during your stay, that family's medical insurance coverage cannot be extended to you. So if you become ill or injured, which is a very real possibility given the active lifestyles lead by students, you could be faced with some extremely expensive medical bills.

For instance, with medical insurance, generic prescriptions will typically cost around $8-10. That's certainly a reasonable price to pay to get rid of the flu or a cold. But without health insurance to cover some of the true costs of that prescription, you're looking at anywhere from $50-$200 and possibly more, depending on the medicine.

As an exchange student, you probably won't have much (if any) extra money to cover unforeseen needs like this. But with exchange student insurance, you will not have to worry about it, as the majority of your medical bills would be covered. You'll pay only a portion of the total medical fees, and the insurer will pay the rest. This will give you and your host family (who would likely have to cover any bills you couldn't during your stay) peace of mind so that you can focus on your education and cultural experience rather than worrying about other medical bills. Commenting is not available in this channel entry.

International Student Insurance (requires student status)
Visitor Insurance (does not require student status)