A new bill that was introduced last month allows four of the largest universities in New York to offer their students health insurance. The aim of the new bill is to help universities provide cheaper health insurance to their students. The four universities eligible to self-insure under the new law are; New York University, Columbia University, the University of Rochester and Cornell University.
Governor Andrew Cuomo, who signed the new bill into law last month, said; “Many colleges require students to have health insurance so that they are protected in case of illness or injury. While many students are covered by their parents’ health insurance, other students have to purchase coverage, which can be a burden for families already dealing with tuition and other costs. Allowing the schools themselves to offer health plans lowers the cost, while ensuring that students get the health coverage they need.” [Read more...]