If you have other insurance and do not wish to participate in the Student Injury and Sickness Insurance Plan offered through Vanderbilt University, you must complete an online waiver form (www.gallagherkoster.com/vanderbilt) indicating your other insurance information. The online waiver form must be completed no later than August 1, 2012. International students must waive by September 7, 2012. In order to be able to waive coverage, your current insurance plan must:
- Be underwritten by an insurance and claims company based in the United States (no international insurance companies)
- Provide access to local doctors, specialists, hospitals and other health care providers in the Vanderbilt University area
- Cover accident and sickness at a minimum of 80% up to $100,000 per accident or sickness
- Cover inpatient and outpatient hospital expenses, outpatient surgical expenses, inpatient and outpatient mental health, prescription drugs, laboratory tests and x-rays, physical therapy, maternity, and home health care
- Provide coverage for medical evacuation and repatriation of remains (international student requirement only)
- Must provide coverage for the period of August 12, 2012 to August 11, 2013
Please also consider purchasing the Gallagher Koster plan if your family insurance plan has a high deductible (i.e., greater than $500). In this case, your family’s out of pocket expenses may potentially be very high before the family plan “kicks in,” therefore potentially justifying the purchase of the Gallagher Koster plan, which has a very low deductible.
