in College Students
- Every month you pay a “Premium” for coverage, which is similar to a membership.
● This can cover vaccines and other “preventative care”
- If you get a medical bill (hospital/pharmacy) you must pay a “Deductible” (e.g.
$1000), which is the amount you pay out of pocket before your insurance pays any
medical expenses.
- After you exceed your deductible ($1000) your insurance will begin paying a part of
your medical expenses but you still have to pay the rest of the fees out of pocket.
- Some examples include a “Copayment”, which s a flat fee you must pay for medication or
medical services.
- Other times, your medical insurance might ask for a “Co-insurance” instead in which
you pay a certain percentage of your medical costs.
- Your plan might have an “out of pocket maximum” in which if you reach this monetary
value, then the insurance begins to pay ALL off the medical costs you rack up.
New Mexico Health Issues
● Lots of people who cross the border who can’t get insurance or they make above
the poverty line yet are not eligible for Medicaid.
- Doctors have to use a $3-$5 co-pay list to prescribe to patients, who can’t even
afford the medication after that
- We have pharmacy discount cards, which reduce medication prices but many don’t
know about it
To obtain our data for this study, we went out around campus
and asked random students if they would be interested in
filling out our survey. We explained to them that their
answers would be used to analyze health insurance statistics
among college students at the University of New Mexico. Each
group member surveyed 6 random students.
Questions we asked the subjects
1. What age group do you belong in?
a. 18-21
b. 22-26
c. 26-35
d. 35+