More Flexible Than School-Sponsored Plans, Better Benefits
MILWAUKEE, July 16 /PRNewswire/ -- Fortis Health advises college students
and their parents to review current health insurance coverage before the new
semester begins. Students entering college could be without the benefit of
their parents' health insurance, risking their health and financial well-
being.
To meet the needs of college students, Fortis Health has designed Student
Select, a guaranteed renewable, year-round health insurance policy for full-
time college students. Student Select is designed for single students who are
no longer covered under their parents' health plans or as an alternative to
college-sponsored plans.
"Students have very few choices when it comes to health insurance," says
Steven Keller, Director of Specialty Products at Fortis Health. "Student
Select provides better coverage than most school-sponsored plans, at a
comparable rate. Students are covered year round, not just during the school
year, and they have the option of renewing the policy after graduation."
Student Select is designed to be affordable for parents and students --
policyholders can select the payment mode that best fits their needs -- and
they can adjust the cost of coverage by choosing a lower or higher deductible.
For example, a 20-year-old Illinois resident attending a Wisconsin University
could expect to pay $588 per year with a $500 deductible.
The plan provides a $1 million maximum and up to $100,000 for each illness
or injury, compared to most school-sponsored plans which typically only offer
up to $25,000 of coverage. Under Student Select, the policyholder can also
choose any doctor or hospital. And, unlike college-sponsored plans, students
can carry the insurance with them if they transfer schools.
Keller says that in the event of an accident such as a broken leg, a
student without insurance could incur charges around the $10,000 mark. "It's
important to protect against this type of financial risk, so students and
their parents aren't faced with long-term debt that can set them back for
years," he notes.
Student Select is also designed for students who continue education in a
graduate degree program on a full-time basis. The plan covers individual
college students only and does not offer dependent coverage.
Parents and students can receive an instant quote and apply online at
http://www.studentselect.us.fortis.com . Customers can also apply by calling
(1-800-989-2345) or by contacting an independent insurance agent.
About Fortis Health:
Fortis Health is committed to helping Americans meet their health
insurance needs. In business since 1892, the company is a leader in the
Individual Medical, Small Group, Short-Term and Student Health insurance
markets. Fortis Health provides coverage for more than one million people
nationwide. Its products are underwritten and issued by Fortis Insurance
Company, John Alden Life Insurance Company and Fortis Benefits Insurance
Company. Fortis Health is headquartered in Milwaukee, Wisconsin, and has
operations offices in Minnesota, Florida, Idaho and Ohio.
Fortis Health is part of Fortis, Inc., a financial services company that,
through its operating companies and affiliates, has built leadership positions
in a number of specialty insurance market segments. Fortis, Inc. is part of
Fortis, a financial services provider active in the fields of insurance,
banking and investment. As of second quarter, 2001, Fortis had total assets in
excess of $400 billion. Fortis ranks 31st based on assets and 73rd based on
revenues on the Fortune 'Global 500' and 42nd based on revenues on the Forbes
'International 500' list (July 23, 2001).
Members of the media interested in more information or an interview may
contact Michelle Love-Johnson at 262-523-3740 or michelle@seroka.com. For more
information about other Fortis Health Insurance plans visit
http://www.fortishealth.com.
SOURCE Fortis Health
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Related links:
http://www.fortishealth.com
CONTACT:
Michelle Love-Johnson, Vice President of
Seroka Public Relations, +1-262-523-3740, or michelle@seroka.com
, for Fortis Health
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