Health Insurance: Private or Statutory: Which Insurance is Best for Starting University?
Is it sensible to exempt yourself from statutory insurance obligation at the start of your studies? Before making a decision, students should consider - low contributions at the beginning are not everything.
The Verbraucherzentrale Hamburg is warning students to carefully consider their health insurance options when starting university. Students who were previously privately insured through their parents can remain in the private system, but this decision is binding for the duration of their studies and can have significant financial implications.
Those who are privately insured through their parents typically receive 80% reimbursement, but this ends when they turn 25, making it difficult to switch to the statutory health insurance system during their studies. Students are advised to seek independent advice on the long-term consequences of both insurance options before making a decision.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
