In April, Tom Ross, the president of the University of North Carolina system, sent a letter to the university's board of governors announcing that students should brace for a hike in the cost of university-provided insurance plans.They got their Change-now it seems that the government wants it back...
Ross explained that at least 64,000 North Carolina college students - roughly a third of those enrolled in the state's 17 public universities - should expect to see "substantial" increases in health coverage costs for the 2012-2013 academic year.
"Based on more than three semesters of actual claims experience, as well as the new provisions of the Affordable Care Act, we are facing large increases in premiums for our students," Ross wrote in the letter.
In North Carolina, college students are required to have proof of health insurance, either through their university, their parents or a private provider.
Students who purchase insurance plans from North Carolina public universities this fall will be shelling out $709 per semester. That's up significantly from a cost of $460 per semester last year.
Wednesday, September 05, 2012
Attention North Carolina students: want "free" health care? Be careful what you wish for: