Good Morning Yellow Jackets,
I hope that you all have been taking care of yourselves as we approach the end of this Spring semester. I’m writing to provide a formal update regarding the final decisions on the SHIP changes proposed by the USG.
The effort made to mobilize the student body and faculty to call and email the USG helped galvanized conversations that led to the USG reevaluating the proposed plans. Student voices and partnerships among SGA and the Offices of Graduate Studies, the Provost, and Administration and Finance further advocated for a renegotiated plan for Georgia Tech SHIP that now includes dental and vision coverage.
As the Georgia Tech administration announces the official numbers for the plan and the subsidy coverage in the coming days, the biggest outcomes we will see are that the USG unification led to significant increases in premiums. However, the Georgia Tech administration intends to minimize the immediate financial impact of these raised premiums through increased subsidies for GRAs and GTAs.
New SHIP Overview:
The Georgia Tech SHIP plan was originally projected to see 12% renewal increases to premiums. However, the unified USG plan with addendums for included dental and vision further increases the student mandatory insurance premiums 16% and voluntary insurance premiums 25%. The unified USG plan chosen to minimize premium increases has the effect of surging annual deductibles from $250 to $500, and out-of-pocket-maximums from $3750 to $6350. There will be no change in Stamps and Georgia Tech Pharmacy coverage with the unified USG plan. The terms of these plans are negotiated on a yearly basis and will be reevaluated for the following year with the intent of finding a long-term model for dental and vision coverage.
SGA’s role in the USG SHIP committee is persistent and will advocate for fair student health insurance to the USG and within the institute. Although this outcome is disheartening, our role as student leaders is to continue to champion the needs of the student body as a whole. Please continue to make your voices heard as the long-term models are sought out.
I want to thank you all for your outstanding effort and voice of support in this time of need. I am grateful to serve the engaged and spirited community we have at Georgia Tech.
In Progress and Service,
Graduate Student Body President