Affordable Care Act Details

What is the Affordable Care Act?
  • When the Affordable Care Act (ACA) was signed into law in 2010, it carried with it a promise of expanding access to affordable health coverage for millions of Americans.

  • Through the Health Insurance Marketplace, consumers are able to go online to one place to see their coverage options and compare plans.

  • Student healthcare plans, including the UNL Healthy Option, satisfy the ACA’s individual coverage requirement.

  • More Information about the ACA

How does the Affordable Care Act affect students?
  • If you are on your parents' health plan, you can stay on it until you are 26.

  • If you have the UNL Healthy Option plan, you do not need additional coverage.

  • If you have no health insurance, you can purchase the UNL Healthy Option plan or a plan through the Marketplace, or directly from an insurance company. If you do not have health insurance, you will be charged a fee by the federal government.

  • Note: Graduate Assistants and International Students (F1 and J1 Visa) are automatically enrolled in the UNL Healthy Option plan.

How can I compare the cost of the UNL Healthy Option to the Marketplace plans?
  • The Marketplace offers a quick plan and cost preview tool. NOTE: Pay close attention to the out-of-pocket costs for Marketplace plans. Typically these costs are higher than the out-of-pocket costs for the UNL Healthy Option plan.

  • Aetna offers a variety of interactive tools and resources to help you compare the UNL Healthy Option plan to other plans. They break down your exact out-of-pocket costs, so you get the big picture.

  • Comparing Your Healthcare Choices

What are the benefits of the UNL Healthy Option vs. Marketplace plans?
  • Better Value. Student health plans are typically more affordable than other plans.

  • On-Campus Care. With a Marketplace plan, you may have to leave campus for basic medical treatment. Even if UNL accepts your Marketplace plan, you may have to pay more out-of-pocket costs before your visits are covered.

  • More Coverage. With a Marketplace plan, the providers you’re used to seeing may not be covered. You may find that your spring break or study abroad doctor visit will not be covered at all.

  • Avoid Tax Surprises. While you’re a student, your income may qualify you for a subsidy (money from the government). But once you graduate and are working, you should be prepared to claim more income on your 2014 tax return. When you do, you may have to pay back a portion of the subsidy.

  • Source: Aetna Student Health

Where can I learn more?