Common Benefits of Choosing Maternity Health Insurance Coverage Plans

Published On 08 Mar 2020 By Yamini Sharma

4 Key Benefits of Choosing Maternity Health Insurance Plans

What a better day than International Women’s Day to celebrate the inner and outer beauty of a woman?

Women, one of the finest creations of God, are worthy of immense applause after all they do for us, even if it means compromising on their health. 

It is, therefore, our responsibility to not let the health sacrifice of women go in vain and help women prioritize their health.

So, if one of your friends or relatives is planning to start a family soon, make sure this International Women’s Day you introduce them to health insurance with maternity cover. 

Moreover, if you are hoping to become a mother very soon, know that it would be extremely beneficial for you to know why a maternity insurance plan is important.

Health Insurance with Maternity Coverage – The Need?

Starting a family brings joy in the life of one and all. But, it comes with certain financial restrictions as well. 

Needless to say, the rising costs of healthcare have made it difficult for many people to undergo first-rate medical treatment. 

Having one of the best health insurance policies with maternity benefits by your side keeps you away from becoming financially unstable or compromising on the quality of treatment. 

So, when starting a family, it is significant to have health insurance with maternity cover for support. 

After all, a maternity insurance plan plays a big role in preparing one for the expected and unexpected costs of treatment without burning a hole in the pocket. Such a policy provides you with coverage for:

  • Multiple hospital benefits, including pre & post-hospitalization expenses up to a specific number of days. 
  • Room charges, including doctor’s consultation fee, surgeon's fee, nursing charges, medicine cost, and ambulance expense.
  • Pre & postnatal expenses, expenses of normal & cesarean delivery, and post delivery complications of the new mother.
  • Newborn baby cover from day 1 up to 90 days. 

Note that certain insurance policies even offer vaccination charges for the newborn with a cover till the end of the policy year, without taking any extra charges.

Things to Know about Maternity Health Insurance plans

You may find some specific maternity insurance plans, which would be different in their terms and conditions as compared to other health insurance plans with maternity cover.

While some health insurance policies offer maternity cover as a part of the basic plan, others provide cover for maternity expenses as an add-on cover or in the higher variants of the cover.

Maternity cover or maternity benefit would come with a waiting period. 

Also read, Health Insurance Policies for Newborn Babies in India

Points to Consider While Buying a Maternity Health Insurance Plan

Maternity insurance comes with no waiting period. Consider these points before buying:

  • Waiting period – Waiting period is the specific period during which one cannot avail maternity coverage under the health insurance policy. Policies generally provide coverage for maternity expenses after a period of 2 to 6 years, referred to as the waiting period. Make sure you are aware of the waiting period beforehand. 

  • Pre-existing clause – If already pregnant, you might not be allowed to avail maternity insurance. Here, pregnancy would be considered a pre-existing condition so you may not be eligible for maternity insurance. 

  • Premium – With progressing age and time, the premium amount increases in cases of maternity. So, the further delay you do in buying the plan, the more premium amount you will have to pay. 

  • Exclusions – Make sure, you read the list of exclusions carefully to avoid later regrets. Most health insurance plans with maternity benefits do not cover doctor’s visit for regular checkups, follow-ups, diagnostic tests and more. So, it would be beneficial to know the same in advance. 

Also Read

Factors to Consider Before Going on a Maternity Leave

HDFC Ergo Introduces My:Health Woman Suraksha Plan Specially Designed for Women

Conclusion 

Celebrate International Women’s Day, but don’t forget to celebrate the ultimate women in you who might need health insurance with maternity coverage in the later run. 

If you need any help in exploring an ideal maternity insurance plan, explore our site. 

To buy health insurance online you can also call our experts at 1800-1205-698. 

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