Fifteen percent of American women do not have maternity health insurance and face overwhelming medical bills, especially if there are medical complications. Here's how to get low cost maternity health insurance that could save you from financial disaster.
What is maternity health insurance?
Maternity health insurance is a health insurance plan that includes maternity coverage. As of this writing there are no stand-alone maternity health insurance plans.
You can purchase one of the following types of plans to get maternity coverage:
* An indemnity plan which lets you choose your own doctor and hospital, but is the most expensive type of plan.
* A managed health care plan (HMO, PPO, POS) that assigns you to a network of doctors and hospitals that you use for your medical care. These are the cheapest types of plans.
What does maternity health insurance cover?
Standard maternity health insurance policies cover your doctors expenses, your hospital fees, and your prescriptions drugs - basically all your maternity medical expenses.
Can I get maternity health insurance if I'm already pregnant?
Private insurance companies will not insure you if you're already pregnant, but some states offer Medicaid health insurance, or plans such as California's Medi-Cal, to low income families. To see if your your state has a low income maternity health insurance program, visit your state's department of insurance website.
If you're pregnant and don't qualify for state sponsored maternity health insurance, the best thing you can do is call the hospitals in your area and see if you can negotiate a cheaper than normal rate. Most hospitals will give you a discount if you pay cash.
Where can I get cheap maternity health insurance?
The best way to get cheap maternity health insurance is to go to an insurance comparison website where you can get rate quotes from multiple insurance companies.