For parents, welcoming a new member into the family and caring for the infant can sometimes be a stressful experience. Every pregnancy is different, and you may encounter new challenges. Although caring for a new-born baby after delivery is a full-time job, it is only one element of pregnancy and childbirth. Another aspect to consider is your finances. In today’s world, with rapidly rising healthcare expenses, you may need the need to have a financial safety net. This is where maternity health insurance from top companies such as Care Insurance can come in handy.
Pregnancy insurance coverage is a type of insurance that offers financial protection under various circumstances related to childbirth. For instance, it protects you financially in the event of a miscarriage and pays for the costs of hospitalization after a normal or caesarean birth. The insurance also covers the new-born baby up to a certain number of days following birth and is not restricted to the day of birth. When purchased as an add-on to your existing health insurance plan, this coverage is inexpensive and provides enough financial coverage for hospitalization and delivery fees. Here are some of the benefits:
Pre-Natal and Post-Natal Coverage
A pregnant woman often requires regular medical attention. There is a slew of health check-ups and medications she will require even before she goes into labor. Further, these medical examinations and treatments often continue even after she has given birth. The level of care received by mothers who have just given birth and their new-born is largely influenced by their health insurance status. On average, uninsured mothers and their new-born receive less pre-natal care and less costly perinatal treatment. However, pregnancy insurance coverage pays for all medical expenses for both the mother and the child from 30 days before the due date to 30 to 60 days (depending on your health plan) following birth.
Delivery of the New-born
The expense of delivering a healthy baby with the support of experienced professionals can be rather high. This sum will be provided within the pregnancy insurance coverage, subject to specific sub-limits that may change depending on whether the delivery is normal or a caesarean.
Cover for the New-born
Some health plans reimburse payments for up to 90 days after birth if the new-born requires special care due to congenital disorders or other medical issues.
Your pregnancy insurance coverage benefit may also cover the baby’s required immunizations, depending on your health plan. Vaccinations for polio, tetanus, diphtheria, whooping cough, measles, and hepatitis are often covered under the maternity cover umbrella for the first year following birth. For the first year of a child’s life, pregnancy cover pays for numerous expenses linked to childbirth, pre-and post-natal care, and medical expenses for the new-born. Having this coverage in your health plan will allow you to enjoy motherhood right from day one.
In some parts of India, the cost of delivery or childbirth can range from Rs. 50,000 to 1 lakh. These costs usually depend on the healthcare facilities available, the brand name of the hospital, experience of the medical staff etc. Purchasing pregnancy insurance coverage in advance will ensure that the mother will have access to higher-quality health care. This will be especially useful if the mother or the new-born requires advanced emergency medical treatment either during or after delivery.
Surgical Deliveries Are More Expensive
When the natural process of childbirth is not recommended for the mother or the infant, a surgical or caesarean delivery is performed. Medical intervention is necessary in this case, and the baby is delivered via major abdominal surgery. It is also possible to specifically choose a caesarean birth. A caesarean section is substantially more expensive than a normal delivery. These expenses may be covered by a mediclaim policy that includes pregnancy insurance coverage.
Parents-to-be can focus on enjoying this crucial milestone in their lives once their financial liability is lowered by pregnancy insurance coverage.