Health care costs in America are the highest in the world, hands down, and our way of birth is no exception. Maternity care costs can range from anywhere between $4,000 and upwards of $45,000! Because of these numbers, soon-to-be-parents are both thrilled and terrified – thrilled to meet their bundle of joy, but terrified of what it will cost them.
Luckily, back in January of 2011 the state of Colorado implemented a mandate that requires individual and group health insurance plans to cover maternity care in much the same way they would an injury or illness. This means that not only is maternity leave treated in the same fashion as any other temporary disability, but there are also no additional deductibles or waiting periods for issues related to pregnancy. Attention expecting Colorado parents – Having a child just got that much easier!
How to Plan for the Best Maternity Care at the Best Price
In the past, health insurance only covered pregnancy complications – everything from diabetes to high blood pressure to pre-term labor to miscarriage – but it didn’t cover the actual pregnancies themselves. With childbirth costs as high as they are, this wasn’t nearly enough help for new parents.
But now, thanks to the changes in the law, routine maternity care is easier to afford for young families, and support for typical pregnancy-related issues such as depression and even influenza and Hepatitis B is much easier to come by. However, there are still some steps that you need to take if you want to get the best maternity care for the best price today:
1. If you have maternity coverage (which you do if you live in Colorado, have health insurance, don’t have pre-existing conditions, and are over the age of 19), check your policy to see what it will cost you in deductibles and coinsurance. Once you figure out what these prices will be, calculate what you’ll have to pay out of pocket when you bring your baby home and, subsequently, what bills hit will be. Oftentimes, applying for more expensive – yet better – coverage is in your best interest. While the monthly premiums may be high during this time period, the final bill won’t be so bank-breaking.
2. Just as with all illnesses and injuries, pregnancy is considered a “pre-existing condition,” and health insurance companies do not like pre-existing conditions. You cannot be pregnant when you apply for a policy that has maternity coverage. Insurance companies are very particular about this, and many require the last date of the menstrual cycle, or even a “doctor’s note” of sorts to prove that you are indeed not currently pregnant.
If you know you want to get pregnant and apply for maternity coverage, be sure to wait a certain amount of time after applying to try. If you file a maternity claim too soon after applying, chances are you will get denied. We recommend waiting one month after the policy’s effective date before trying to have a baby.
However, once you have an insurance plan in place, maternity care planning – and family planning – can be fun, easy and stress-free, as it should be!
At ColoHealth, we want your family planning to go smoothly, without any hiccups, and for you and your family to get off to a great, financially stable start. We care about you, which is why we make it our mission to make sense out of all the health insurance rules and regulations regarding maternity care. We sit down with you, discuss all of your options concerning providers, and find the best policy for you at the best price. Raising a child is expensive enough; if we can reduce the cost of childbirth in any area, we do.
When you become our valued client, you will meet with an individual who will be your representative throughout the entire time you work with us. He or she will arm you with all the information you’ll need to make the best choice, and be there for you whenever you have any questions or concerns regarding your policy. The best part is, we do it all for free!
To see how we can help you during this joyous time in your life, visit us at our website.
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Category: Lower Medical Costs
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