Healthcare Exchanges/Marketplaces Frequently Asked Questions

What health insurance options are available to college students?

College students may be eligible for the following health insurance options:

  • Coverage as a dependent on a parent's health insurance plan to the age of 26
  • Coverage through Medicaid, based on expanded eligibility requirements in some states
  • If you are a former foster youth, Medicaid coverage until to the age of 26
  • Coverage through the Exchange/Marketplace; with premium tax credit, or subsidy, if income requirements are met
  • Coverage through an individual health plan offered outside of the Exchange/Marketplace
  • University-sponsored student health benefits plan (for eligible students)

When is open enrollment?

  • The next open enrollment period for plans offered through the Exchange/Marketplace will be November 1, 2016-January 31, 2017.
  • Open enrollment for the UO Student Health Benefits Plan happens every term.

Can a student who attends college outside of their state of residency apply for an Exchange/Marketplace plan in the state in which their college or university is located?

  • No, individuals interested in purchasing coverage through the Exchange/Marketplace may only apply for plans available in the state where they are a resident. Each state has its own residency definition and requirements which must be met for a person to legally be considered a resident.

Are international students eligible to purchase a plan through the Exchange/Marketplace?

  • International students who are legally in the United States are eligible to purchase a plan through the Exchange/Marketplace, but are not eligible for premium tax credit.

What kinds of health insurance options are available through the Exchanges/Marketplaces?

  • There is a menu of plan designs that are based on actuarial value levels of benefits offered through the Exchange/Marketplace. These plans are categorized as: Bronze (60%), Silver (70%), Gold (80%) and Platinum (90%), and are often structured through limited provider networks.
  • Once enrolled in an Exchange/Marketplace plan, one must continue enrollment in the same plan throughout the policy year unless a qualifying life event occurs, such as moving to a new state, certain changes in income, or changes in family size (i.e., marriage, divorce, or birth of a child).

For More Information

www.healthinsurance.org/oregon-state-health-insurance-exchange

younginvincibles.org/issues/health-care

www.healthcare.gov/young-adults