While millions of Americans are watching their individual polices get canceled due to ObamaCare regulations, the new health care rules are also having a major impact on college campuses.
For decades, universities and colleges have offered students bare-bones policies. But because of the Affordable Care Act, those policies no longer cut it – and universities are forced to decide whether to offer significantly higher-cost plans or cancel coverage altogether.
The new rules affect a broad swath of American schools, especially the small ones.
At Bowie State University in Maryland, the cost of student health insurance policies went from roughly $100 a year to $1,800 a year.
The cancelled plan offered $5,000 worth of medical coverage to students for just $54 per semester. University administrators said an acceptable replacement under the Affordable Care Act would have cost $900 per semester, a 1,500 percent increase.