Student Handbook 2023-24 > Financial Aid and Student Accounts > Student Accounts > Health insurance

Health insurance

Health Insurance

In accordance with Massachusetts state law, Olin College requires that all enrolled students be covered by a comprehensive health insurance program. Students who cannot certify that they have qualifying health insurance must participate in the school sponsored plan. Olin College is pleased to offer our students UnitedHealthCare Student Resources coverage managed by University Health Plans. This plan provides excellent health insurance coverage against illness and accidents. The policy period is August 15th  through August 14th each year.

Students have the option to waive the Student Health Insurance Plan (SHIP) from June 1 – August 1st each year. Students who waive early will not be billed for the SHIP. Students who waive later may be charged for the SHIP but the charge will be reversed off the bill when the waiver is processed. Students will be irrevocably enrolled in the plan and will be responsible for the full premium. unless a waiver is completed. The waiver certifies that equivalent coverage will be maintained during the enrollment period.  Waivers must be renewed annually at www.universityhealthplans.com.

If a student's insurance is cancelled at any point during the academic year they are required to notify Student Accounts within 60 days of the loss of coverage. Olin's UnitedHealthCare Student Resources insurance is available. Please consult Student Accounts for applicable rates. Payment is due immediately.

Massachusetts State Requirements

In order to waive participation in the Olin sponsored policy your insurance must meet the following requirements:

• Be a US health insurance plan that is filed and approved in the US.
• Must provide coverage for the entire policy year with no break in coverage
• Must comply with the Affordable Care Act (ACA) and provide minimum essential coverage as defined by the ACA including:
  • Unlimited policy maximum
  • Coverage for pre-existing conditions
  • Provide emergency and non-emergency care in the area of the College

Students can file their health insurance waiver form or enroll in the UnitedHealthCare Student Resources plan online. Go to https://www.universityhealthplans.com/ and click on Olin College then follow the prompts. Have your Olin student ID number available (new students received this number from the Admission Office).  The University Health Plan website provides information regarding the insurance policy benefits and details on the coverage.