Student Medical Insurance
If you desire a detailed explanation of the coverage for the current academic year as well as a description of the insurance provider (with the capability of applying on line), you can visit the GM Southwest website. www.GMSouthwest.com
In renewing the Student Insurance program for Graduates and Undergraduates several changes have been instituted for 2007-2008. Changes that will be enacted will apply to both the Graduate and Undergraduate program. The changes are as follows:
1. We have successfully reached a point of agreement with Carilion on inclusion of their network of professionals and facilities. Students, both graduates and undergraduates, will have access to Carilion facilities and physicians, which will become part of our network along with One Net providers and facilities and HCA providers and facilities. This change will open up a large number of providers and facilities to the students and families, which were not available before the 2007-08 year. Once updated, the end of July 2007, the GM SW web site will provide directions to the new and old network provider listing.
2. A Gynecological exam will be added under the wellness coverage for all female insureds.
3. Major medical amounts can now be changed !!!!!!!!!!! Students taking out a level of $50,000 or $100,000 major medical coverage in one year of coverage may elect to upgrade their major medical coverage to the next highest level available. Students upgrading will have a one year pre existing clause added to their plan. Any item falling under the pre existing clause will have the coverage of their initial plan during this waiting period. Once the year is concluded the pre existing condition would be covered at the new higher amount. Any condition not considered to be pre existing will be covered at the new higher amount for the upcoming policy year.
4. Delta Dental is returning as the VT dental insurer. Delta Dental will provide up to $1,250 in coverage annually for each insured for a premium of $178 annually (Student only). Spouse and family coverage will be offered at a higher rate. Delta Dental will require the full premium payment up front and will not accept enrollment except in the 45 day initial enrollment period.
5. Vision purchasing advantages will also be provided directly to the student by the VSP provider. In the new option, VSP Vision would provide $325 coverage for $112 annual premium. VSP will require the full premium payment up front and will not accept enrollment except in the 45 day initial enrollment period.
6. Both of these proposals, dental and vision, represent significant improvements over the current plan options. To get these options, the students would have to agree to pay the annual premium upfront and would have to enroll during the 45 day initial enrollment period. We would drop the existing extended benefit plan which included dental and vision plans. You may elect to take the dental coverage or the Vision coverage separately, together or not at all.
6) With the plan changes a 19% premium increase for all levels of coverage will be instituted.
A timetable ,for the upcoming academic year, 2007-08, of when information will be sent out is as follows:
- For those insured under the current plan, bills for automatically renewing coverage will be mailed the first part of June.
- Information approved by the Insurance commission and posted to the web by mid June.
- Mass mailing to all registered incoming students during the last week of June.
- Insurance packets will be available the last week of June.
Please note that you may apply for coverage for 2007-2008 online after July 1. We encourage you to do so and avoid any unnecessary waiting. It is extremely important that your address is up-to-date so that your insurance card isn’t mailed overseas or another destination where you will not receive it promptly. We will be using the address listed in the Hokie Spa. Visit the Hokie Spa to update your address.
For 2007-2008 we continue to offer three levels of major medical coverage and an accident only plan for Undergraduates. For Graduate Students we will offer three levels of major medical coverage, and all will have the benefit of a maximum out of pocket added. Please review the coverage for 2007-2008 provided for further details.
You may review the remaining portions of this web site for various pieces of information.
- 2007-2008 Premiums
- Student Health Insurance Advisory Committee Information and related Meetings
- History of Virginia Tech Student Medical Insurance
- Complete Brochure for Current Academic year and Explanation of Benefits.