Supplemental maternity insurance is an important benefit for couples planning a pregnancy or trying to conceive. It fills huge gaps in medical plans for many couples with no waiting period or large deductible. And coverage is available in all fifty states.
Supplemental health insurance for maternity consists of policies that make cash payments directly to you rather than gynecologists, hospitals or other healthcare providers.
- Short term disability insurance – replaces mom’s income when she misses work while on maternity leave
- Hospital indemnity insurance – covers you when admitted to hospital, and pays added benefits for each infant confined to the NICU
A pregnancy disability raises costs and causes lost income. Hospital stays come with deductibles and other expenses. Multiple pregnancies are high risk and often require NICU confinement. Unpaid maternity leave is common across the U.S. Address all these concerns with supplemental pregnancy insurance.
How to Get Supplemental Maternity - Getting supplemental maternity insurance with no waiting period requires planning, timing, and action. You have to purchase your policies prior to getting pregnant, and allow enough time to research options and the methods for getting coverage. Some women will find the steps quite simple, while others may discover the quest too difficult. Learn what it takes.
Coverage for Pregnancy With No Waiting Period
You can get supplemental maternity insurance with no waiting period or large deductible. This extra coverage works differently from traditional plans which often must cope with open ended costs associated with high risk pregnancies and multiple birth. The only solution for the insurer is to impose stipulations that control their costs. Making you wait or pay a large amount out of your pocket is their approach.
Supplemental health insurance provides a better alternative. The benefits you may receive are limited, so coverage can begin right away and you get first dollar benefits. Claim payments are made without you needing to satisfy a deductible.
The policies do contain a nine month exclusion for normal delivery. While there is no waiting period, you have to purchase your policy before getting pregnant. Twelve percent of women deliver preterm. If you give birth within the exclusion period you may need to provide evidence for an abnormality in your pregnancy. It is much easier to simply give birth outside the exclusion period.
An extra policy the starts right away is vital for couples trying to conceive. They often experience a five step sequence that spells financial disaster:
- Extra expenses for infertility treatments
- High risk pregnancy leading to lost income before delivery
- Multiple pregnancy resulting in large unpaid hospital bills
- Unpaid maternity leave
- Unpaid family leave to care for infant(s) at home
Having to wait months before getting pregnant and paying all those premiums up front can be crippling when required to pay for infertility treatments too. You don’t have to wait any longer.
Short Term Disability For Maternity Leave - Short term disability is the first component of supplemental maternity insurance. Replacing mom’s income while she is out of work is a vital aspect of protecting your family finances. She may lose income prior to delivery if the doctor orders bed rest. C-section delivery requires a longer recovery, and postpartum bleeding may delay a return to work.
Hospital Indemnity - Hospital indemnity is a vital component of any maternity benefit plan. Not only is your admission for normal delivery covered, but extra benefits may be paid when your infant(s) is born prematurely. Many couples undergoing infertility treatments have a much higher chance of conceiving multiples which are often born pre-term. Hospital indemnity may pay an additional benefit for each child confined to the NICU.
Supplemental Coverage for Pregnancy Complications
Supplemental pregnancy insurance can protect your income in case complications cause you to miss unplanned time form work prior to your delivery. Short term disability for pregnancy may replace your income if pregnancy complications result in lost income before delivery. Short term disability insurance also covers your maternity leave when everything is perfectly normal.
Most infertility treatments are not covered, meaning couples pay out-of-pocket for expensive infertility treatments before getting pregnant. Couples may deplete savings, or take out loans to finance IVF and other costs for artificial reproductive techniques.
The resulting pregnancies are often high-risk. Many women have underlying medical conditions, or they may have delayed starting a family. High risk pregnancies are more likely to experience complications that require mom to miss work prior to delivery. This results in unplanned lost income. High risk pregnancies may also mean an unplanned hospital stay during pregnancy. This may result in unplanned expenses for hospital deductibles and other costs.
How to Get Disability for Normal Pregnancy - Maternity leave income during your your recovery from normal childbirth is a key component of supplemental insurance. Insurers will be happy to provide policies that cover a planned event, provided that you play by their rules: start the programs prior to conception, and get your policies at work via a payroll deduction.
Supplemental Insurance: Multiple Birth
High order multiples are far more common with women taking fertility drugs, and/or undergoing IVF. Multiple pregnancies often deliver pre-term, and the infants often experience a long NICU confinement.
This often results in significant medical expenses associated with the hospital stay that can catch couples by surprise. Hospital co-pays, co-insurance, and deductibles have become very common, and boost your baby delivery costs. If your plan has an individual deductible you may be charged for each infant confined the the NICU. You might have planned paying this only once.
The nastiest surprise for many couples is out-of-network fees. You might have planned on delivering at your local in-network hospital, only to be transported to center specializing in premature delivery. If this facility is not in-network you may be responsible to pay the amounts over the carriers “allowed charges”. These fees can be pretty hefty.
Supplemental Insurance: Maternity Leave
Many women encounter difficulties during delivery. Postpartum depression, bleeding, infection, and many other issue often crop up. Sometimes mom is in the hospital longer than expected, and/or misses more time from work than planned.
These postpartum disorders may cause you to miss more than the standard maternity leave of six to eight weeks for your normal delivery. Supplemental maternity insurance may continue to replace your income during the time you are unable to return to work. Also, you may require extra baby health coverage if your child has medical issues.
Pre-mature infants often require extended care after coming home from the hospital. Once mom recovers from her delivery she may be physically able to return to work, but needs to remain home to care for her sick infant(s). Family leave laws provide some level of unpaid job protected leave, but they don’t last forever.
Without supplemental maternity insurance paying benefits directly to the family, it may be impossible to continue paying bills under these circumstances.