Concordia has a long standing habit of mismanaging its funds.
This has resulted in the university…
- …losing long-time donors over financial mismanagement.¹²
- …being fined $2 million by the Québec government for giving outgoing senior administrators overly-generous severance packages in 2012.¹³
- …awarding a $235,000 severance package to the outgoing Chief Financial Officer after just 90 days on the job in 2016.¹⁴
Why should international students have to foot the bill for Concordia’s mistakes?
Concordia has the most expensive group health insurance rate for international students in Canada.
International students are required to have health insurance by law in order to be permitted into Canada on a study permit. In five provinces, they are able to enrol in the provincial medicare system directly, but in Quebec, most international students buy health insurance through their universities.** ¹⁷
The national average price for a single 12-month plan is $761.88, and the median price is $650.¹⁸ Concordia is the most expensive at $1,176,¹⁹ and it doesn’t even cover dental care or vision care.²⁰ What’s more is that the cost of the premium increases have been rising significantly faster than the rate of inflation.
Although international student health plans are managed by student unions at many Canadian universities, at Concordia it is managed by the University directly. The CSU strongly believes that we can offer international students a plan that is cheaper, more comprehensive, and more accountable to the students that pay into it.
The gold standard remains full provincial RAMQ coverage for all international students. But, until the government of Quebec chooses to base its health care system on RAMQ cards instead of credit cards, Concordia must take action to make its plan affordable.
International health insurance can be more affordable and more comprehensive. We demand that Concordia give negotiation power for the international health plan to the CSU and GSA.