U of Illinois student health insurance premiums to go up
URBANA, Ill. (AP) — University of Illinois trustees have voted to increase student health insurance premiums for the 2018-2019 academic year.
The Thursday approval means premiums will go up about 15 percent for Urbana-Champaign campus students based on more claims over the last year. Undergraduate students on that campus will now pay $455 per semester and graduate students will pay $582.
Springfield campus students will see a 3 percent increase and pay $530 a semester. Rates won’t change for Chicago campus students. They’ll continue to pay $570 a semester.
The health insurance provided by United Healthcare is optional. School officials tell The (Champaign) News-Gazette that the Urbana-Champaign campus saw a 26 percent increase in student claims for outpatient visits, prescription drugs, maternity care and mental health services. They say the insurer paid $1.06 for every $1 collected in premiums.