PSIP Rates

Important Changes for 13-14

Penn Student Insurance Plan (PSIP) Premium Rates for 2013-2014

Single student coverage: 

Effective Dates*

Annual

8/15/13-7/31/14

Spring

1/1/14-7/31/14

Summer

5/1/14-7/31/14

Premium Rate**

$2,774

$1,677

$730

* This is a 50 week plan due to the transistion to an earlier PSIP start date for academic year 14-15 (8/1/13).

** Please note: the Clinical Fee charge is no longer included is this charge and will appear as a separate charge on your student account.

Coverage for summer 2013

Graduate/professional students starting University programs in July 2013 or August 2013 may enroll in the 12-13 plan at a prorated premium. Please contact the Student Health Insurance office at 215-746-3535, option 3 for more information. Applications will be available on June 1 2013 at shsinsur@pobox.upenn.edu or by calling the Insurance Office at 215 746 3535 option #3.

Please make sure that you update your local address in Penn in Touch as this is where your insurance card will be mailed.

 The rates and coverage periods are:
July 1, 2013 - August 14, 2013 (premium: $427)
August 1, 2013 – August 14, 2013 (premium: $155)

Note: If you are in a program that is paying for your insurance, please check with your school to make certain they will cover the entire amount.

  
Enrollment of Dependents

Covered students may enroll their lawful spouse/domestic partner and unmarried dependent children under age 26 who reside with, and are fully supported by, the covered student for the same coverage. Students may enroll their eligible dependents when the student enrolls. Covered students may enroll their eligible dependents by the specified deadline(s) by visiting www.aetnastudenthealth.com.

Dependent enrollment is processed online at www.aetnastudenthealth.com, click on "Find Your School"(remove: and enter 724535 as the Policy Number). Contact Aetna at (800) 841-5374 with any questions regarding dependent enrollment. Dependent premiums may be paid in full or in monthly installments. Please visit www.aetnastudenthealth.com.

PSIP Premium rates for Dependents* 

Effective Dates

Annual

8/15/13-7/31/14

Spring

1/1/14-7/31/14

Summer

5/1/14-7/31/14

Premium Rate:*

Spouse/Domestic Partner**

$4,146

$2,506

$1,090

One Child**

$4,146

$2,506

$1,090

2 or More Children**

$4,880

$2,949

$1,282

 *Dependent premiums are paid directly to Aetna Student Health. They are not posted to student bursar accounts.

**Rates do not include student base premium.

Dental plan

For academic year 13-14 students may voluntary enroll themselves and their dependents in the Penn Faculty Practice Student Dental Plan. The Aetna PPO Dental plan will no longer be available. Please go to www.mypenndentist.org for details. Open Enrollment begins on July 1, 2013.  

      

Vital Savings by Aetna®:  

The Vital Savings Discount program as an option for students to purchase on a voluntary basis.  Students do not need to be enrolled in the Student Sickness and Accident plan in order to enroll.

This program can be purchased through May 31, 2014 (this fee remains the same no matter when the program is purchased).  

Student: $25
Student + 1 Dependent: $44
Student + 2 or more Dependents:
$63 

The Vital Savings by Aetna® program (the "Program") is not insurance. The Program provides Members with access to discounted fees pursuant to schedules negotiated by

Aetna Life Insurance Company for the Vital Savings by Aetna® discount program. The Program does not make payments directly to the providers participating in the Program. Each Member is obligated to pay for all services or products but will receive a discount from the providers who have contracted with the Discount Medical Plan Organization to participate in the Program. Aetna Life Insurance Company, 151 Farmington Avenue, Hartford, CT06156, 1-888-BeVital, is the Discount Medical program.