PSI Health InsuranceFor over 30 years, PSI has been providing low cost International Student Health Insurance for students studying in the USA.
PSI Health Insurance (psiservice.com) has 391 customer reviews on Five Star Index, with an average rating of 4.9 out of 5.
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Yaping W.
I have PSI insurance for 3 years now and my experience has been good. However, with the launch of the PSI mobile app they are now the best insurance for international students. No company around even the school plan can match the level of service and technology.
Oluwatosin O.
This is an update. Thank you, PSI for promptly responding to my concern. This concern has been adequately resolved. I am back on a plan and I am happy now. PSI is no longer affordable and that's sad I have been using psi insurance for over a year now until they suddenly increase the cost of their policy from about 96 to 125+ making them unaffordable. Most international students like me, have never visited the hospital for any kind of treatment. i have never submitted a claim and I do not put myself in harm's way, God helping me. it is unfair that I have to pay so much before now, for what I never used. Now that I am asked to pay more, this is definitely ridiculous. I wish PSI will remain loyal to me that I have no way to cover heavy insurance costs.
Response from PSI Health InsuranceAug 12, 2021
Unfortunately, our premiums are set by our carrier not by PSI. Insurance carriers issue us the premiums based on increase in medical costs, claims, age of insured, etc. Also, our plans are Group Plans, so the premiums are based on the average claims per customer. For every customer who never uses the plan, there is another customer who uses it twice as much. We spread the risk among all customers.
Vidhi
As an international student, they take our advantage because we don't know everything about filing taxes and health insurance plans. I had their PSI Gold Plan, but I was surprised with their policy of not providing important forms for filing taxes. They responded to me saying that you don't need the 1099-HC form, if you are an international student but that's not correct information. You file your taxes as a NON RESIDENT and not an international student when you are studying and work (part/full time) outside school and YOU DO NEED THE TAX FORMS. It's very sad and disappointing to pay the penalty even when I had the health insurance.
Response from PSI Health InsuranceSep 2, 2021
The IRS can no longer penalize tax payers with non-compliant health insurance. Congress cancelled the tax penalty in 2017. Tax advisors will ask for documentation, but there are no consequences if no documents are provided.
HY
I would totally recommend PSI. They have good plans and good customer service.
V
This so call 'PSI Health Insurance' Company takes advantage of students and scholars holding F-1 and J-1 visa and sells them cheap health insurance because this group of people don’t need tax documents for tax filing. But actually these cheap insurance is actually from other big insurance companies. 'PSI Health Insurance' usually hold those insurance companies accountable when the insured reports their losses. They do not have legal tax documents filed for the insured. Thus the insured will still be considered uninsured from IRS's perspective. And you may need to pay the fine charged by IRS for not having health insurance because they don’t have tax documents for you.
Response from PSI Health InsuranceApr 16, 2019
Yes, the insurance carriers who underwrite the plans are accountable for the insurance policies so all medical claims are paid according to the level of benefits. The international students complain is clearly not about a medical claims but about some IRS tax regulations which DO NOT apply since the carriers of these plans are not based in the United States. International students can receive a confirmation of coverage letter which will include dates of coverage, amount paid and plan highlights. We do not involuntarily enroll any foreign students. So, when they self-enroll they are responsible to verify if the plans will be acceptable for tax purposes. To complain about something NOT related to the insurance plan benefits after the coverage expires is questionable.
Dee F.
Enrolling in their plan is hassle-free. Their website provides clear information, and they always make sure to provide policies as cost-effectively as possible. I personally experienced their great service. When I had issues with my student visa, they helped me move my insurance coverage to a later start date and gave me all the information and assistance I need for my school waiver. They're always very helpful, considerate and efficient! Fortunately, I've never had to use it, but I felt protected all the time knowing that I will get the necessary health support I need if something happens. Thank you PSI!
Xuezhu
I have no idea how insurance working in the US. All I know is that it's really expensive! The one that school offer me is about $3,000 and as a International Student, I cannot afford that big amount. When my advisor told me that I can buy other insurance, I ask students like me for the insurance company, and most of them recommend PSI. And I must say, PSI really knows what they are doing! The price is like 60% lower than my school, not only that, they told me that they meet the insurance requirements of my school, and that after my purchase, they will take care of the waiver form for me. I don't even know that there's a waiver form that I need to submit to my school but PSI help me with all of that stuff! The Customer Service are very helpful too. That alone is enough for me to recommend them, so that other International Students like me, will have one less to worry about.
Response from PSI Health InsuranceJul 24, 2018
Thanks Xuezhu!
