Overview
The Student Medical and Pharmaceutical Care Fund of the Cyprus University of Technology operates under the Student Welfare Association and is governed by specific rules.
Purpose
To provide financial compensation to student members of the Fund for medical and pharmaceutical care expenses.
Members
All active students of the Cyprus University of Technology (undergraduate, master’s, and doctoral) are eligible members of the Fund.
Member Contribution
All newly enrolled students of the Cyprus University of Technology, upon reserving a place in a study program, are required to pay the university-established fee (€40), which includes a €20 contribution to the Fund. Coverage begins upon enrollment in courses.
Compensation Limits
The maximum financial compensation is €5,000 per year per member, with a deductible of €500. Expenses related to pre-existing conditions or already covered by the GESY system or other private insurance are not eligible.
Coverage
Compensation covers medical and pharmaceutical expenses for hospitalization in medical institutions inside or outside Cyprus, exceeding €500 per incident. Expenses for doctor visits, medications, tests, and other costs below €500 per incident are not covered, except for Fund members who are recipients of financial assistance from the Student Welfare Association, who may also be reimbursed for incidents below €500.
The Management Committee may adjust the amount or method of calculating financial compensation based on the Fund’s financial capacity.
Procedure
The process for granting financial compensation is initiated either by a request from the eligible member or ex officio by the Management Committee.
The Management Committee reviews each case at its next scheduled meeting, and determines the amount of compensation (in accordance with reasonable charges for medical services/procedures) as well as the method and timing of payment.
Requests may also include advance payments for scheduled procedures, hospitalizations, or treatments, provided that all required documentation (medical notes, preliminary cost estimates, etc.) is submitted in advance for Committee review.
In case of a dispute regarding the amount of compensation, the Board of the Student Welfare Association makes the final decision.
During the review of a compensation request, the Management Committee has the right to consult experts or other relevant individuals and/or request personal data of the applicant, including medical reports, cost pre-estimates, and original payment receipts.
Student Medical and Pharmaceutical Care Fund
Overview
The Student Medical and Pharmaceutical Care Fund of the Cyprus University of Technology operates under the Student Welfare Association and is governed by specific rules.
Purpose
To provide financial compensation to student members of the Fund for medical and pharmaceutical care expenses.
Members
All active students of the Cyprus University of Technology (undergraduate, master’s, and doctoral) are eligible members of the Fund.
Member Contribution
All newly enrolled students of the Cyprus University of Technology, upon reserving a place in a study program, are required to pay the university-established fee (€40), which includes a €20 contribution to the Fund. Coverage begins upon enrollment in courses.
Compensation Limits
The maximum financial compensation is €5,000 per year per member, with a deductible of €500. Expenses related to pre-existing conditions or already covered by the GESY system or other private insurance are not eligible.
Coverage
Compensation covers medical and pharmaceutical expenses for hospitalization in medical institutions inside or outside Cyprus, exceeding €500 per incident. Expenses for doctor visits, medications, tests, and other costs below €500 per incident are not covered, except for Fund members who are recipients of financial assistance from the Student Welfare Association, who may also be reimbursed for incidents below €500.
The Management Committee may adjust the amount or method of calculating financial compensation based on the Fund’s financial capacity.
Procedure
The process for granting financial compensation is initiated either by a request from the eligible member or ex officio by the Management Committee.
The Management Committee reviews each case at its next scheduled meeting, and determines the amount of compensation (in accordance with reasonable charges for medical services/procedures) as well as the method and timing of payment.
Requests may also include advance payments for scheduled procedures, hospitalizations, or treatments, provided that all required documentation (medical notes, preliminary cost estimates, etc.) is submitted in advance for Committee review.
In case of a dispute regarding the amount of compensation, the Board of the Student Welfare Association makes the final decision.
During the review of a compensation request, the Management Committee has the right to consult experts or other relevant individuals and/or request personal data of the applicant, including medical reports, cost pre-estimates, and original payment receipts.
