UNIVERSITY PARK, Pa. – The University has released undergraduate and graduate student insurance rates for the 2022-23 coverage period for Penn State’s Student Health Insurance Plan (SHIP), underwritten by United Healthcare Student Resources. Additionally, students are reminded to submit their health insurance coverage information through LionPATH.
The individual annual rate for undergraduate students will be $2,732; the individual annual rate for graduate students will be $3,355. Students will be billed per semester. The drop rate is $1,059 for undergraduate students and $1,300 for graduate students. The spring/summer rate is $1,673 for undergraduates and $2,055 for graduate students. For more detailed fee information, visit the student health insurance website.
The new rates represent a 5.68% increase for undergraduate students and a 0.78% increase for graduate students from last year. Nationally, colleges and universities have seen continued increases in medicine and pharmacy coverage rates. For 2022, most colleges and universities will see a 6% increase.
SHIP for Penn State is available to students at all Penn State campuses except the World Campus. Eligibility is based on student status. Students who wish to enroll in the plan can do so during open enrollment, which runs from April 1 to August 30, 2022. Students can visit the Health Insurance page on LionPATH after registering for classes and selecting “Register” for to enroll in the plan for 2022-23.
International students and students in the College of Medicine are required to have adequate health insurance coverage while enrolled at Penn State. These students must provide proof of health insurance coverage that meets certain criteria or purchase the Penn State Student Health Insurance Plan. If students have an approved exception, they will not be billed. Students have until August 30, 2022 to submit a waiver. If students do not submit a waiver by the deadline, they will be automatically enrolled in SHIP for Penn State and will be responsible for the premium charge on their student account.
For Fall 2022, Penn State will again require all full-time US students to submit current health insurance coverage information through LionPATH after registering for classes. This information, collected through LionPATH, will help Penn State better understand the insurance needs of its students and help support these students in making informed health insurance decisions.
Students who are uninsured or underinsured are encouraged to contact the Student Insurance Advocate, who provides individual student consultations as well as information and education for students and student groups about health insurance. The Student Insurance Advocate will assist students in identifying insurance options, including the Health Insurance Plan for Penn State, Medicaid, or Affordable Care Act marketplace plans. This position will also help eligible students navigate the application process for these plans. Currently, the student insurance attorney is not available to World Campus students. For more information, visit the Student Insurance Advocate website.
Student Health Insurance Plan for Penn State
SHIP for Penn State is a platinum-level health insurance plan with a low deductible and limited out-of-pocket maximum. It was created specifically for Penn State students and was selected with input from Penn State students. SHIP offers an extensive community of in-network providers at all campus locations and across the United States, as well as worldwide coverage. Penn State offers this plan through First Risk Advisors, underwritten by United Healthcare Student Resources. It is provided as a service to our students and Penn State does not benefit from the plan.
Students have been part of the health insurance decision-making process for many years. The Student Insurance Administrative Board/Council, which includes representatives from the Graduate and Professional Student Association, University Park Student Association, Commonwealth Campus Student Government, and representatives from international student organizations, provides input to University Health Services and Student Health Insurance. Office related to SHIP for Penn State, including insurer selection, plan design, and mechanisms to manage costs.
For more information about student health insurance, contact the University Health Services Office of Student Health Insurance at [email protected] or visit the UHS health insurance website.