Wake Forest University School of Medicine

2023-2024 Academic Year

Plan Highlights

Each year Wake Forest University School of Medicine (WFUSM) engages in a comprehensive benefit review and premium negotiation process for the Student Health Insurance Plan. The primary goal is to provide students with a cost-effective health insurance program with quality benefits. After much review and analysis, the plan will move to a new carrier, Aetna, for the 2023-2024 policy year.
The new plan will include the following benefit changes:
  • Lab/X-ray benefit – the $30 per service copayment will no longer apply. Lab/x-ray services will be subject to the plan’s deductible and co-insurance.
  • Urgent Care – the $75 copay will no longer apply. Urgent care services will be subject to the plan’s deductible and co-insurance.
  • The out-of-pocket maximum will increase to $9,100 in-in-network and $18,200 out-of-network.
  • The plan will include an adult vision exam.
Comprehensive plan documents will be available once they are approved by the NC insurance department.
Insurance Requirement

Wake Forest University School of Medicine (WFUSM) requires that all students have health insurance. WFSM has made arrangements for students and their families to purchase insurance at group rates. Students required to have health insurance will be enrolled in and charged for the Student Health Insurance Plan (SHIP). The annual insurance cost will be split into two charges. Students may opt-out of the SHIP by submitting a waiver form documenting proof of comparable coverage at the start of the academic year. Once the waiver deadline has passed, students cannot opt-out of the insurance plan. 

Before opting out of the student health insurance plan, please check your individual plan to confirm their participation in the local area. View this list of common plans accepted by Wake Forest Baptist. Due to the different physician groups and hospitals within the Wake Forest Baptist system, physician services and hospital services are billed separately. Please remember that health insurance coverage varies, so some services may not be covered.

Insurance Cost & Coverage Periods*

*All rates and plan designs are subject to the department of insurance's approval

Physician Assistant Students

Coverage Dates 1st Semi-Annual (6/1/23-11/30/23) 2nd Semi-Annual (12/1/23-5/31/24)
Cost $2,413.50 $2,413.50
Deadline July 1, 2023

Medical Students

Coverage Dates 1st Semi-Annual (7/1/23-12/31/23) 2nd Semi-Annual (1/1/24-6/30/24)
Cost $2,413.50 $2,413.50
Deadline August 1, 2023

Graduate, SRNA, and DNP Students

Coverage Dates 1st Semi-Annual (8/1/23-1/31/24) 2nd Semi-Annual (2/1/24 - 7/31/24)
Cost $2,413.50 $2,413.50
Deadline September 1, 2023

New May Graduate Students (this coverage period is insured by United Healthcare Student Resources)

Coverage Dates (5/1/23- 7/31/23)
Cost $1,132.50
Deadline June 1, 2023

Students may purchase coverage for eligible dependents at the same rate as the student by the deadline.

Waiver Process

Students covered by a comprehensive health insurance plan in North Carolina can opt-out of the SHIP by completing the waiver form. Before waiving, compare the cost, coverage, and benefits of the SHIP to your existing plan. If you do not submit a waiver form by the deadline stated above, you will be enrolled in the SHIP and responsible for the cost of the insurance plan.

Dependent Enrollment Process

If you are enrolled in the Student Health Insurance Plan, you may also purchase coverage for your eligible dependents by completing the enrollment form in the navigation menu on the left side of this page. You will be prompted to make an online payment with a credit card. 

Qualifying Event Enrollment

Once you waive the SHIP, you cannot voluntarily enroll. However, students who waived the SHIP may qualify for special enrollment rights if they incur an involuntary loss of other coverage or acquire a new dependent. To request an enrollment form and premium quote, contact University Health Plans at 800-437-6448 or info@univhealthplans.com. You must submit all qualifying event enrollment paperwork and documentation within 30 days of the qualifying event.

Voluntary Dental and Vision Plans

Under Optional Plans on the left, choose Voluntary Dental & Vision plans or click HERE to be re-directed to the dental and vision summary page.