Health insurance is crucial for expectant mothers – not just for their own health, but for the health of their baby too. Major medical insurance with pregnancy coverage can help pregnant women have a stress-free nine months and a healthy baby.
What is Major Medical Insurance?
This type of insurance plan is ideal for those who are looking for protection against serious injuries or illnesses. With this plan, you’ll be responsible for paying all medical expenses up to the deductible, after which the insurance company will begin to cover the costs.
The deductible for most health insurance plans is usually between $500 and $10,000. However, this is offset by the low monthly premiums you’ll have to pay.
A Health Savings Account (HSA) is a type of savings account that allows you to set aside money specifically for medical expenses. By having an HSA, you can help cover your deductible and other medical costs. One benefit of an HSA is that you can deposit money into the account throughout the year, which can help reduce the amount of taxes you owe.
Choosing a Maternity Policy
If you’re expecting a baby, you’ll want to make sure that your medical insurance policy includes maternity coverage, as many do not. You may be able to purchase a separate maternity rider that will pay for childbirth-related expenses.
Secondly, you should check to see if your policy has a waiting period to conceive. In some policies, maternity coverage can take up to a year to go into effect. If you get pregnant before this waiting period is over, your pregnancy will not be covered.
You should also check whether the maternity policy covers
* Routine doctor visits * Complications during the pregnancy or delivery * Hospital stays * Lab work * Ultrasounds * Anesthesia * Prenatal vitamins * Post-delivery doctor visits
Where to Get a Cheap Rate
To find an insurance policy that offers the coverage you need at an affordable price, use an insurance comparison website. On this website, you’ll be able to get fast quotes from multiple A-rated insurance companies.
The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries. They have written a number of articles on major medical insurance coverage, and their experience has given them a unique perspective on the subject.