Motherhood brings with it, its own set of emotions. It changes the life of a woman forever. Amidst all the happiness that it brings including the joy of giving life to a new individual, there is always the shadow of medical bills which can prevent anyone from enjoying this bliss and once-in-a-lifetime moment to the fullest. This is because pregnant women require constant attention which includes regular tests and check-ups right up till the time of delivery. This can lead to huge medical bills and if not handled properly can lead to a huge financial burden for expecting parents.
For this reason it is best to opt for a health-insurance which has maternity benefits as an add-on.
What is Maternity Coverage?
A maternity coverage is a part of a health insurance which covers the healthcare and maternity costs of expecting mothers and their newborns. This is usually provided as a add-on with existing health insurance policies. This is also provided by corporates for the benefit of their female employees as a part of their group health insurance policies.
Why you Need Maternity Coverage
As a parent, it is your responsibility to ensure that the cost of your pregnancy and delivery of your baby is planned beforehand including any unforeseen medical expenses. It is for this reason that a health insurance must be there in the first place. In it, however, a maternity coverage must be added for the following reasons -
It protects the individuals against the rising healthcare costs. With rising inflation, the prices will only go further north.
Read Also: Why You should Opt Maternity Cover as a Add on to Health Insurance?
Most of the health insurance policies do not cover maternity expenses and are thus useless at the time of the baby’s delivery. It is thus essential to opt for a health insurance that comes with maternity cover as it covers pre and post-hospitalization costs, pre and post-natal expenses, provides vaccination cover, and coverage for the newborn.
