It's true. Your Independence Blue Cross (Independence) coverage can help pay
As the cost of attending college continues to rise faster than inflation and medical costs1, Independence is helping families keep up by providing this benefit in arrangement with The College Tuition Benefit®.
- Employees enrolled in an Independence plan automatically earn $2,000 in annual Tuition Rewards®, and a bonus in year four.
- One Tuition Rewards point = $1 guaranteed minimum reduction in full tuition.
- Tuition Rewards can be used at over 350 institutions, with 80% ranked among "America's Best" by US News and World Reports in 2014.
- Employees can share the benefit with eligible relatives, including children, nieces, nephews, step-children and grandchildren, subject to certain restrictions.
This example shows how The College Tuition Benefit would help a 12 year old in the family of an Independence Blue Cross member. If the student attends a SAGE Scholars consortium member college, the full tuition will be reduced by at least $17,000 spread evenly over the first four years of attendance for undergraduate study at participating colleges starting with the freshman year.
|Policy Year||Subscriber Rewards||Subscriber's Rewards Balance
(balance does not accrue interest)
|Initial Registration, Subscriber & Student Rewards||2,500 (2,000 + 500)|
With the College Tuition Benefit,
you earn 2,000 Tuition Rewards
Points ($2,000 value), or more every year.