pays for your hospital bills for diagnostics, surgery etc.
We can never know what is going to happen in the next second of our lives. Therefore staying prepared for any situation is often advisable in order to lead a hassle free life. This can be regarded as a major reason behind picking up a Health Insurance plan. But majority of us overlook certain Exclusions in our health plans like the maternity expenses, which is recently coming into limelight in our societies. It is generally provided as rider on the basic health insurance Policy so that it can cover the maternity expenses.
It is pretty necessary to know the need of maternity Coverage even before having it. Maternity is considered as a special event that can bring in the beautiful experience of becoming a mother into a woman’s life. Happiness of these moments can’t be compared with any thing in this world. But because of the increased complexity in delivery and the sky-high expenses during the event the joy is being clouded up in majority of the cases. To overcome this and enjoy the happy moments in motherhood, there is a necessity to look for a health policy that offers maternity cover.
In order to choose and obtain a better policy, one needs to have a minimum knowledge on few aspects and also need to consider some very important options which are as follows:
Even before opting for a policy with maternity coverage, one should have an idea on the following aspects like:
A clear idea on the pregnancy expenses is necessary even before opting for a policy.
Check for the health insurance that will cover the maternity expenses for normal births, caesareans and also on pre mature births.
If you already hold a health policy, check out if there is any option to add your chosen maternity insurance as a supplementary rider to it.
Check if you can afford it or no even before going for it. Compare and understand several policies and pick the one that can suit your needs
One need to take care of certain pretty essentials things like:
Before going for a maternity policy, do check with your company. This is because most of the companies cover their employee’s maternity expenses under group plans.
Check for the coverages provided in plan. Often maternity plans can be divided into inpatient and outpatient services. Inpatient services include the cost coverage on hospitalization, and physician fee during child births. Whereas, out patient services pay for the pre and post natal visits.
One must have a clear idea on the waiting period, which is nothing but the time in which one may expect to receive the Mediclaim on the maternity expenses. It generally takes a year or half in order to get the insurance claim.
Some knowledge on the sub limit Claim is regarded helpful. Sub limit is the limitation posed on certain areas on the maternity expenses in the plan. All such exclusions in the maternity cover should be known before hand to overcome last minute financial troubles.
Understanding these options and comparing policies online is essential for your desired maternity plan that suits your needs and to enjoy your post maternal life.