Student Insurance Waiver & Total Cost Comparison
Compare two actual insurance quotes with your school’s current waiver criteria.
Check coverage gaps, unconfirmed documents and total costs if the waiver is approved or denied.
Enter current school criteria and two actual quotes. Meeting numbers does not confirm school approval. Inputs are calculated on this screen and are not sent to a server.
4. Criteria checks and costs
Required period: — days · overlap with semester: — days · days from submission to deadline: —
School plan total for the same required period: Check required
A
Check requiredRequired days covered / uncovered: — / — days
| Criterion | School | Quote | Result |
|---|---|---|---|
| Minimum medical benefit | Check required | Check required | Check required |
| Maximum deductible | Check required | Check required | Check required |
| Maximum patient coinsurance (%) | Check required | Check required | Check required |
| Minimum medical evacuation | Check required | Check required | Check required |
| Minimum repatriation of remains | Check required | Check required | Check required |
| Current school criteria confirmed | — | — | Check required |
| Matching currency | — | — | Met |
| Entire required period covered | — | — | Check required |
| Semester and required period checked | — | — | Check required |
| Submission within date deadline | — | — | Check required |
| Local network and direct provider payment | — | — | Check required |
| Required benefits, pre-existing conditions, exclusions and waiting periods | — | — | Check required |
| Waiver permission, plan type, student eligibility and matching benefit units | — | — | Check required |
| All other school-specific requirements | — | — | Check required |
| Required insurance card, English policy, benefits schedule and application | — | — | Check required |
- Full alternative payable
- Check required
- Waiver approved scenario total
- Check required
- Approved scenario minus school plan
- Check required
- Waiver denied scenario total
- Check required
- Allocated premium reference
- Check required
Approved and denied totals are input-based scenarios, shown regardless of eligibility. Allocated premium is not an actual discount, bill or refund. A positive difference costs more than the school plan.
B
Check requiredRequired days covered / uncovered: — / — days
| Criterion | School | Quote | Result |
|---|---|---|---|
| Minimum medical benefit | Check required | Check required | Check required |
| Maximum deductible | Check required | Check required | Check required |
| Maximum patient coinsurance (%) | Check required | Check required | Check required |
| Minimum medical evacuation | Check required | Check required | Check required |
| Minimum repatriation of remains | Check required | Check required | Check required |
| Current school criteria confirmed | — | — | Check required |
| Matching currency | — | — | Met |
| Entire required period covered | — | — | Check required |
| Semester and required period checked | — | — | Check required |
| Submission within date deadline | — | — | Check required |
| Local network and direct provider payment | — | — | Check required |
| Required benefits, pre-existing conditions, exclusions and waiting periods | — | — | Check required |
| Waiver permission, plan type, student eligibility and matching benefit units | — | — | Check required |
| All other school-specific requirements | — | — | Check required |
| Required insurance card, English policy, benefits schedule and application | — | — | Check required |
- Full alternative payable
- Check required
- Waiver approved scenario total
- Check required
- Approved scenario minus school plan
- Check required
- Waiver denied scenario total
- Check required
- Allocated premium reference
- Check required
Approved and denied totals are input-based scenarios, shown regardless of eligibility. Allocated premium is not an actual discount, bill or refund. A positive difference costs more than the school plan.
Resolve unconfirmed and unmet items, then submit through the official school process. Do not combine these two quotes to claim that one plan meets the criteria. Confirm written approval, coverage start and refund terms before purchasing or cancelling insurance.
View checklist text
Student insurance waiver and cost comparison | | USD Additional criteria / source: Semester: ~ Required period: ~ (?) Submission / deadline (school local date): / School plan total: Check required A [USD] — Check required Policy period / uncovered days: ~ / ? Minimum medical benefit: Check required | School / quote: ? / ? Maximum deductible: Check required | School / quote: ? / ? Maximum patient coinsurance (%): Check required | School / quote: ? / ? Minimum medical evacuation: Check required | School / quote: ? / ? Minimum repatriation of remains: Check required | School / quote: ? / ? School criteria: Check required Currency: Input criteria met — school approval separate Coverage period: Check required Semester check: Check required Submission deadline: Check required Local network and direct provider payment: Check required Required benefits, pre-existing conditions, exclusions and waiting periods: Check required Waiver permission, plan type, student eligibility and matching benefit units: Check required All other school-specific requirements: Check required Required insurance card, English policy, benefits schedule and application: Check required Alternative full payable: Check required Approved scenario / difference from school: Check required / Check required Denied scenario total: Check required Allocated premium reference (not a refund): Check required B [USD] — Check required Policy period / uncovered days: ~ / ? Minimum medical benefit: Check required | School / quote: ? / ? Maximum deductible: Check required | School / quote: ? / ? Maximum patient coinsurance (%): Check required | School / quote: ? / ? Minimum medical evacuation: Check required | School / quote: ? / ? Minimum repatriation of remains: Check required | School / quote: ? / ? School criteria: Check required Currency: Input criteria met — school approval separate Coverage period: Check required Semester check: Check required Submission deadline: Check required Local network and direct provider payment: Check required Required benefits, pre-existing conditions, exclusions and waiting periods: Check required Waiver permission, plan type, student eligibility and matching benefit units: Check required All other school-specific requirements: Check required Required insurance card, English policy, benefits schedule and application: Check required Alternative full payable: Check required Approved scenario / difference from school: Check required / Check required Denied scenario total: Check required Allocated premium reference (not a refund): Check required Resolve every unconfirmed document and school condition, then submit through the official school process. School approval and refunds require separate confirmation.
Compare a student insurance waiver and the money you actually pay
This calculator places a school’s insurance requirements beside two actual alternative insurance quotations.
Students and parents paying for an adult child’s studies abroad can prepare waiver documents before registration and compare the school plan with alternative coverage for the required period.
Enter the school’s notice and the insurer’s actual quotation rather than estimated travel premiums or recommended benefit amounts.
Use the result to decide what to verify next
Ask the insurer about insufficient benefits and ask the school about unclear clauses.
Matching numbers do not establish that the school accepts your policy type, permits your waiver application or has received complete documents.
The result is a preparation checklist, not school approval or a recommendation to buy a particular policy.
Set one school, academic year and comparison currency
Use the applicable notice
Record the school, academic year, notice address and review date.
A policy accepted last year may no longer qualify.
International student rules may differ from general student rules, so check the document that applies to your student and visa status, including whether you may apply for a waiver at all.
Match currencies and benefit units
When school criteria use USD, obtain both quotations’ benefits and costs in USD where possible.
Different currencies are not compared by their raw numbers, and the calculator does not apply an automatic exchange rate.
Also verify matching units: a per-incident limit is different from an annual limit, and a family deductible is different from an individual deductible.
A blank value means unconfirmed; zero means a confirmed zero.
Disable a numerical criterion only after confirming that the school does not require it.
Failing to find a number in a document is not evidence that the requirement does not exist.
Read the five numerical criteria in the correct direction
- Minimum medical benefit: the quoted limit must be at least the school minimum.
If unlimited coverage is required, use the separate unlimited setting instead of substituting an arbitrarily large number. - Maximum deductible: the amount you pay first must not exceed the school maximum.
Check whether it applies per accident or illness, per policy year, or on another basis. - Maximum patient coinsurance: enter the patient’s percentage, not the insurer’s share.
An insurer share of 80% may correspond to patient coinsurance of 20%, but verify the applicable benefits and exceptions. - Minimum medical evacuation benefit: compare the specific evacuation benefit with the school requirement.
Do not treat routine emergency department coverage as the same benefit. - Minimum repatriation of remains benefit: check its distinct limit.
If evacuation and repatriation share one combined limit, do not present it as two independent limits; retain a check-needed status for the relevant conditions.
Equality meets a numerical boundary: a minimum is satisfied at the minimum, and a maximum is satisfied at the maximum.
Passing a row establishes only that numerical comparison.
Pre-existing conditions, preventive care, mental health, maternity, waiting periods and treatment-specific restrictions still require a separate review of the actual policy.
Separate the teaching semester from the required insurance period
Enter semester dates and school-required coverage dates separately.
A school may require coverage during holidays or until the next academic period, so ending a policy on the final teaching day can leave a gap.
Conversely, an annual quotation may require payment for the entire contract even when the semester is shorter.
Inclusive days and gaps
Total days = end date − start date + 1 day, including both endpoints.
Covered days are the intersection of the required period and the quoted policy period.
Gap days = required period days − intersecting covered days.
A policy with no overlap leaves the entire required period uncovered.
If the entered required period does not contain the whole semester, the result also retains a review status for the input dates.
The fictional period 2026-08-01 through 2026-12-31 contains 153 days.
A policy starting on 2026-08-02 leaves a one-day gap.
Date alignment does not verify the exact effective time or local timezone: check the policy certificate for midnight boundaries and departure or arrival dates.
Complete five checks beyond the numbers
- Provider network and direct payment: verify local providers, pharmacies and the insurer’s payment method against the school’s requirements.
- Benefits, exclusions and waiting periods: confirm required services, pre-existing conditions, preventive care and treatment restrictions.
- Insurer, student and policy eligibility, including benefit units: verify permission to apply for a waiver, accepted policy types and matching limit bases.
- Every school-specific additional condition: record and check remaining requirements.
Do not assume that combining several policies is permitted. - Submission documents and English evidence: prepare the required insurance card, master policy, benefit summary, English certificates and school forms.
Choose met, unmet or check needed according to evidence you have actually obtained.
Do not convert an unknown into met just to finish the form.
Changing school criteria, coverage periods or policy conditions requires a fresh check against the current version.
The initial form is unconfirmed; the fictional example button demonstrates the workflow and does not establish school approval.
Distinguish full payable cost from the period-allocation reference
Money payable under the contract
Alternative policy payable = full contract premium + mandatory fees.
The approval-scenario total adds school charges that remain after approval.
Check administrative or other non-waivable charges and make sure mandatory additional benefits are included in the actual quotation.
A reference for the overlapping period
Premium allocation reference = full premium × intersecting required coverage days ÷ total policy days.
Mandatory fees are not allocated pro rata.
Allocating an annual premium to semester days does not mean that the insurer bills only those days or refunds the rest.
Approval-scenario difference = approval total − school plan total.
A negative value means the entered approval scenario costs less; a positive value means it costs more.
Costs remain on hold when currencies differ or required amounts are unconfirmed.
Premiums are not total healthcare spending: deductibles, patient coinsurance and excluded treatments are not automatically included in these payable totals.
Budget for both policies if the waiver is denied
Denial-scenario formula
Denial total = alternative policy payable + school plan total − confirmed alternative policy refund.
Do not subtract an expected refund that the insurer has not confirmed.
Enter zero only when no refund has been confirmed as the applicable condition; otherwise leave an unknown refund blank and keep that scenario on hold.
The entered refund cannot exceed the alternative policy’s payable amount.
This is a cost scenario for potentially holding both contracts, not a dated cash-flow schedule.
If the school has already billed its plan or the alternative policy must be purchased first, cash needed before approval and refund may be greater.
Check the actual payment, cancellation and refund timing separately.
Do not end existing coverage simply because a calculator displays potential savings.
Worked example: two fictional USD quotations
These figures demonstrate calculation only and are not prices for a real school or product.
Assume a school plan total of 1,500, remaining school charges after approval of zero, and a confirmed alternative-policy refund on denial of zero for both quotations.
The required coverage period is 2026-08-01 through 2026-12-31, or 153 inclusive days.
| Item | Quote A | Quote B |
|---|---|---|
| Policy period | 2026-08-01–12-31 | 2026-01-01–12-31 |
| Full premium + mandatory fees | 800 + 20 | 1,200 + 30 |
| Payable / approval-scenario total | 820 | 1,230 |
| Approval difference from school plan | −680 | −270 |
| Denial total | 2,320 | 2,730 |
| Premium-only allocation reference | 800 | 503.0137 |
B’s reference is 1,200 × 153 ÷ 365 = 503.0137, while its actual payable amount remains 1,230 including fees.
The lower allocation reference does not make B the cheaper purchase.
If A has a confirmed refund of 100 on denial, its denial total becomes 2,220.
Unconfirmed nonnumerical conditions keep the overall result at check needed even when these cost figures can be calculated.
Interpret deadlines and result states
Use the school’s local submission date
The planned submission date is compared with the entered waiver deadline.
The same day is within the deadline at date level; the following day is late.
A Korean midnight is not necessarily the school’s cutoff.
If a school distinguishes a standard deadline from a final deadline with a late fee, verify which date applies and include the actual fee separately.
Unmet, check needed, or entered criteria met
Any definite unmet condition makes the overall result unmet.
Without a definite failure, any remaining unknown keeps the result at check needed.
Even when every entered criterion is met, school approval remains separate.
A blank deadline or submission date is not automatically considered on time.
When a parent reviews costs and a student submits documents, share the same version of the checklist.
After editing information, check the school, academic year, dates, currency and documents again before submitting.
For a cheaper quotation with a coverage gap or uncertain eligibility, the next step is a revised quotation or an answer from the school rather than an automatic purchase decision.
Frequently asked questions
Do matching numerical benefits automatically waive the school plan?
No.
The school also reviews accepted policy types, your eligibility, required benefits and documents, and makes the final approval decision.
What number should I enter for unlimited coverage?
Use the separate unlimited setting instead of a large replacement number.
Verify which benefit and period the unlimited wording covers and check treatment-specific restrictions separately.
What if the school says the insurer must pay 80%?
This form asks for the patient share, so verify whether patient coinsurance is 20% under the same conditions.
Deductible rules or out-of-network percentages may differ; do not reverse the percentage without reading the applicable terms.
Must I fill a criterion absent from the school notice?
Disable it only after confirming that the school does not require that numerical criterion.
An item you cannot find should remain check needed until the school clarifies it.
Do I pay half an annual premium for one semester?
That depends on the contract; this calculator uses the full contract premium and mandatory fees as payable.
The period-allocation reference is a proportional illustration, not a bill or cancellation refund.
What if the quotation is in KRW and the school criteria are in USD?
The comparison is held rather than comparing different currency amounts directly.
Request benefits and actual costs in the same currency and record the exchange rate and date separately if using converted documentation.
Is an unknown denial refund the same as zero?
No: blank is unconfirmed and differs from zero.
Keep the scenario on hold rather than deducting an expected refund, and ask the insurer for the applicable cancellation and refund conditions.
Does sending the result checklist complete my waiver application?
No.
The checklist organizes questions and evidence; you must still follow the school’s official forms, uploads, cutoff time and requests for additional documents.
Official sources, review date and submission checklist
School sources were checked on 2026-11-13.
These examples demonstrate school-specific differences and are not combined into a universal preset.
University of Michigan describes direct payment and required coverage duration, among other conditions.
UC Berkeley’s 2026–27 criteria, effective 2026-07-01, distinguish complete term coverage and English policy documentation for international students.
- University of Michigan: Standards and Waiver
- UC Berkeley: 2026–27 SHIP Waiver Requirements
- Korean National Law Information OPEN API: Insurance Business Act, Article 1
The Korean law API check returned Insurance Business Act ID 001532, MST 265389, Article 1, effective 2025-01-31.
That purpose provision does not set foreign university waiver thresholds or approval authority.
This calculator compares the entered school criteria and contractual conditions rather than deriving foreign waiver rules from Korean law.
Recheck school notices, academic-year requirements and policy changes; a source that was not directly verified is not treated as a current rule.
- Confirm the school, academic year, source document and permission to apply.
- Match both quotations’ currencies, benefit units, coverage dates and mandatory costs.
- Prepare insurance cards, benefit summaries, English policies and additional evidence in the school’s required format.
- Verify the planned submission date, local cutoff, late fees and actual payment and refund timing.
Resolve the differences before submitting to the school
Start with gap days and check-needed items, then obtain a revised quotation or a response from the school.
Share the updated checklist between the student and the person paying so that costs and submission responsibilities are clear.
Confirm written approval and actual policy terms, then follow the school’s enrollment or waiver process.
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