Survey Indicates 89% of Colleges and Universities Are Prioritizing Mental Health Coverage for Students – InsuranceNewsNet

  • Just under three-quarters (74%) of respondents offer a wellness program, with most of these (81%) available to all students on campus. Of the top four features offered in wellness programs, three were mental health related, reflecting the national focus on behavioral health.
  • The most common per-student annual health plan cost range remained $2,000-$2,999however this survey showed more schools across all student types with annual costs in the $3,000$3,999 range, an indication that costs are rising. Plan cost is trending up for undergraduate students by 4%, almost equal for graduate students, and 5% for international students.
  • Student Health Plan enrollment is trending up, primarily for colleges of all sizes, resulting in an increase in the average enrollment from 22% to 24%.
  • Although colleges and universities made minimal plan changes for 2022, offering voluntary dental and vision plans has become more popular, with dental and vision plans being offered by three-quarters of colleges.

Respondents to this year’s survey were nearly evenly split between public and private institutions, with 52% coming from public colleges and universities and 48% from private. This result is similar to the 2021 survey, where 53% of respondents were from public and 47% private institutions. Responding schools this year were slightly larger than in 2021, with public schools averaging 15,250 students and private schools averaging 6,330.

Additional information on the survey and key findings, including wellness, co-pays, ancillary products and other key features are here.

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Source: Risk Strategies

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