Parenthood is something that we all want to experience in life. As a matter of fact, once you are a parent, your life changes completely, and only for good. If you are the kind of a person who is sure about parenthood and already trying for it, you also should buy a maternity health insurance policy.
We all choose the best hospital where we can welcome our baby, right? However, something that we do not pay much heed to is the expenses that are required when we choose the best hospital in the town. To get the best maternity care within the apt budget, you must choose the right health insurance policy. So, let us take a look at the benefits of buying a maternity health insurance policy.
Works as a financial support
As you buy a maternity insurance policy, it will cover all the costs that are related to normal and c-section delivery options. Therefore, it does not matter what type of procedure was done, you will not have to worry about the finances. You can also find some policies that provide coverage for pre and post-hospitalization costs. These policies cover 30 days of pre-hospitalization and 60 days of post-hospitalization costs. Apart from these, other medical costs which include consultation with the doctor, cost of surgeon, charges of rooms, and nursing are also taken care of by the policy.
Private hospitals are expensive
These days, we all look for the best quality healthcare and which is why we seek medical treatment in private hospitals. And when it is about a delivery, we look nowhere else other than a private hospital. We also are aware of the fact that private hospitals are costlier and a normal delivery costs around INR 50,000 to INR 70,000. If it is a c-section delivery, the charges may go up to INR 1 lakh. Besides this, all pregnancies are not the same and even smooth, so have complications. The more complications one has, the higher it is going to cost. And this is exactly where a maternity insurance policy comes as a great help. You can enjoy the initial priceless time with your baby without worrying about the finances.
Coverage for new-born baby from the first day
The regular health insurance policies do not provide coverage for newborn babies until they turn 90 days old. Nevertheless, if you purchase a maternity health insurance policy, it will provide you coverage for your newborn baby right from the time of birth. You can find some plans that even include vaccination charges for the newborn until the policy is over.
Prepares the couple for complications
Some pregnancies can be complicated like premature birth. In one such case, the baby has to be kept in an incubator for some time. The cost in one such case can go really higher. However, when you have the right maternity health insurance plan, you will not have to be bothered about such expenses.
Helps a couple to plan a baby without worrying about the financial burden
There are several couples these days who take a bit of time to plan a baby since the expenses at the present day are very high, especially when it is about raising a kid. A maternity insurance policy offers sub-limits of 1 to 4 years. However, it depends all on the insurer that you are choosing. Anyway, it will help the couples to plan for a baby without worrying about the financial burden
Now the next step is finding those maternity health insurance plans that can be the best for you. You can visit the IIFL website to come across such health insurance policies.