Articles
Why Women Should Consider Health Insurance with Maternity Benefits
by Selena Pinto GeneralAs physically cumbersome as
it is, a pregnancy is something to celebrate as it heralds the coming of a new
generation. Almost universally a pregnancy is an occasion of joy for everyone
concerned, but more so for the would-be mother. However, only a woman can
understand the trials and tribulations that the pregnant woman has to go
through before her bundle of joy arrives. Health needs special care during, and
immediately after, the pregnancy. There will be expected and a lot of
unexpected expenses. There is the uncertainty of not knowing whether it is
going to be a normal delivery or a caesarian delivery, which will entail
heavier expenses. All this has to be anticipated and provided for. The best way
to do it is to get a medical insurance policy with maternity cover. Maternity
insurance policy is provided by most insurance companies, and the young couple
should be wise enough to include it in their regular medical insurance policy.
Benefits and
scope of coverage
The benefits of
taking a medical insurance policy with maternity cover are that the pre- and
post-hospitalization expenses are covered, which can be a great buffer for your
finances. There are certain aspects of maternity insurance which tend to differ
from one company to another. These include the period before and after hospitalization
for delivery – some companies may cover up to 60 days but some may cover only
30 days. Some post-delivery complications may be covered by some companies, but
not by others. Companies may also have differing rules for coverage of normal
versus cesarean delivery. Ancillary charges related to room rent, nursing
expenses, surgeon’s expenses, etc. may also vary from one insurance provider to
another. So, it is better to carefully study the terms and conditions of the
policy that you are planning to buy.
Be prepared to pay higher premiums
Unlike in other
insurance policies, where the insurance company’s liability kicks in only upon
the happening of an uncertain event, such as an accident which may never
happen, in a pregnancy a delivery is certain to happen and therefore the
liability of the insurance company is certain. This is why the insurance
provider is sure to charge a higher premium for a maternity insurance policy. Besides,
insurance companies may not provide maternity coverage beyond the age of 45, there
may be strict limits to the sum covered and certain unusual types of pregnancies
may be totally excluded from the purview of the maternity insurance policy.
Group insurance and
maternity coverage
Medical insurance for maternity
may or may not be a part of a group insurance policy of which you may be a member.
If you are a part of your organization’s group insurance policy, you need to
find out whether it provides for coverage of maternity expenses, so that you
can plan out your own personal policy accordingly. There is no point in paying
extra premium from your own pocket if your company’s policy already covers it.
On the other hand, if your group insurance plan does not provide coverage for
maternity expenses, you need to buy a maternity insurance policy that will
cover at least all anticipated expenses.
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About Selena Pinto 
General
5 connections, 0 recommendations, 25 honor points.Joined APSense since, June 24th, 2020, From Mumbai, India.
Created on Jun 30th 2020 04:38. Viewed 365 times.
