From Locus:
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Loyola Student Health Insurance
Loyola University Chicago's Board of Trustees requires that all undergraduate students enrolled for 12 or more credit hours and all graduate and professional students enrolled for 8 or more credit hours and all Stritch School of Medicine students (or registered for thesis or dissertation supervision) at the start of the Fall or Spring semester have individual health care insurance.
If the student meets the enrollment criteria above, their LOCUS account will be billed automatically for Loyola's Student Health Insurance. If the student is covered under a parent's medical insurance plan, or has an individual health insurance policy in place, a waiver must be submitted to opt out of Loyola's student health insurance to avoid unwanted charges on the tuition bill. The deadline for waiving out of the Health Care Plan for Students for Fall 2019 is 10/01/2019.
Purchase Coverage
To purchase student or dependent health care coverage directly (if you do not meet the eligibility requirements above), please visit United Healthcare Student Resources.
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Unfortunately, I turn 26 before the New Year; thus, I can no longer be under my parents health insurance (though I could do COBRA) for relatively cheap. However, I'm going to opt for the student insurance because I don't think my insurer's coverage is very good (if even present) in the Maywood/Chicago area.
Hope that helps