It is not uncommon to see low cost plans that only cover outpatient care to a certain limit (usually $750 to $1,500). These same plans often cap hospital stays at $1,500 per day. While this may be adequate coverage in your home country, it is considered low for medical coverage in the U.S.
These low cost plans often mislead buyers by not identifying the limitations. Examples are some of the plans under the PSI or ISOA, but it can sometimes be the school plan that is written more for American students that may have coverage elsewhere.
Please review any product you purchase carefully. Be sure it meets your needs and your school’s requirements. This includes the Compass Plans – be aware that there are some limitations relative to dental, pre-exisiting conditions, mental health and certain therapies such as physiotherapy.
The following are articles or resources that may help you through the selection process.Health Insurance Consumer Resources
Compass Plans are designed to meet the different reasons our clients have for purchasing medical insurance. Be sure to check your school's requirement before purchasing. If your school has more stringent requirements, check to see if your school is listed under exclusive alternatives.
Compass Elite–The Elite plan provides the greatest protection against a large covered claim. After the deductible, the first$10,000 is covered at 80%, then it covers eligible claims 100% from $10,001 to $250,000..
Compass Care–The Compass Care plan provides 80% coverage for covered medical expenses up to the plan maximum of $100,000. NOTE: There are no hidden caps or limitations on standard medical care as is the case with less expensive, low level plans currently being offered on some websites.
Compass Budget–The Budget plan is similar to the Compass Care plan but it does not provide pregnancy coverage. It is designed for those looking for the lowest cost plan that offers decent, straightforward coverage.
Compass Benchmark–The Benchmark Plan is an exclusive alternative plan available to students at schools that require higher levels of coverage.