The costs involved in having children overseas can be an enormous financial burden if insurance cover has not been taken out. Hospital costs together with post-natal, pre-natal, labour and delivery costs and unforeseen complications can often exceed USD 15,000. In the unfortunate event of a child being born with congenital defects the costs can far exceed this.
Many expats are unaware that having children overseas can involve astronomical costs and planning ahead is very important if devastating financial implications are to be avoided.
Whilst most international health insurance expatriate plans do have a maternity option, there are restrictions on the amount that can be claimed and for obvious reasons a waiting period of not less than 10 months before any claims for maternity related costs can be accepted.
Identifying the required medical facilities for delivery, post-natal and pre-natal care is an important part in planning a family whilst living abroad. A newborn child should normally be added to a health insurance expatriate plan within 4 weeks to provide continuous cover. It is usual for an additional premium to be added to cover the newborn child although some plans offer discounts for families which some expats may wish to consider.
Normally maternity cover would include costs related to:
More comprehensive maternity plans will also cover:
Maternity insurance is important for couples, families and anyone looking to expand their family in the near future. Maternity insurance from Pacific Prime Health Insurance can provide you with the coverage you need for your future doctors appointments, birth necessities and your newborn child. We’re able to help you choose the coverage you need with a package and a price that suits you.
By working with a range of insurers, we are able to provide insight and detailed experience when choosing plans and insurers. We stand by our plans and insurers and are sensitive to feedback. If we have bad experiences with insurers or received negative feedback regarding certain plans, we do not use those plans/insurers. Pacific Prime prides itself on being careful and concerned with the advice we provide our customers. This one of the reasons we are one of the worlds best health insurance brokers for maternity.
As a gentle reminder to those looking to get pregnant or those who already are, most insurance policies will decline coverage with immediate or current pregnancy. In most cases, insurers require a moratorium (a waiting period) of around 10 months or more, of paid maternity coverage before covering pregnancy, birth and/or newborn coverage. Maternity coverage works this way to prevent the insurance companies from losing too much money and giving away free coverage as pregnancy care and birth costs can be quite expensive. Also, covering any complications can also be quite difficult as well.
Maternity coverage can also be a part of your regular insurance plan. It is just important to understand your regular health insurance plan and get more coverage if you need to. Pacific Prime’s insurance agents are able to take your existing coverage and add on more or help you change plans from insurer or even change plans within the same insurance group.
Now aware that some foresight is needed for maternity insurance and its coverage, there are some added bonuses with choosing Pacific Prime Insurance Brokers. As a broker, we are able to create a plan, bespoke for you and for the care you are looking to receive. We understand that during this special time it is important to have your comforts and needs met and we are able to provide you with a way to do so, by helping you choose the insurer AND plan that works best for you.
As Pacific Prime helps provide high quality health insurance, most insurance plans will allow you to choose your own obstetrician for your comfort and convenience. For simplicity’s sake it is worth checking to see if your insurer allows direct billing, allowing you to bypass a headache of bills and repayment from the insurer. Pacific Prime is available to answer these types of questions for you.
We wish to accompany you on your journey and are here to meet any of your maternity insurance needs. Pacific Prime wishes you the best of luck.