When you’re expecting a baby, there’s plenty to think about, from purchasing diapers to preparing a pregnancy plan. Although you’re unlikely to receive health insurance during the Baby shower, this is crucial to your pregnancy experience.
Understanding your insurance coverage will assist you in claiming before and after the birth of your child. Some suggestions to make sure you’re aware.
Examine Your Maternity Coverage
Did you know that maternity insurance is among the essential health benefits? It means that all health insurance plans have to provide coverage for maternity care, which includes:
- Postnatal doctor visits
- Gestational diabetes screenings
- Lab screenings
- Hospitalization
- Physician fees
- Baby care for newborn babies
- Counseling for lactation
Even if these are covered procedures, your insurance will not pay the entire cost; you will be responsible for some expenditures, especially if your deductible is large. Examine your deductible, out-of-pocket expenses, and insurance to prepare for the payments.
Examine Your Network
Ensuring that you are in the insurance network for medical treatment and services is crucial for avoiding costly charges. If you’re looking to grow your family, ensure that the doctor you want to see is part of your insurance’s network before scheduling an appointment.
Ensure that the facility is part of your network if you expect and intend to have your baby in the hospital. Sometimes, your doctor might be part of the network, but the hospital may not be.
It’s also essential that certain services you receive during pregnancy may be outside your insurance network. For instance, if you receive an epidural treatment, the anesthesiologist might not be covered by the insurance coverage of your insurer.
A simple phone call to your hospital of choice could answer these questions and assist you in better planning for the future.
Think About Disability Insurance
If you’re considering having a child, it’s the perfect time to think about buying disability insurance. Disability insurance pays a percentage of your earnings if you’re unable to work due to a covered injury or illness, such as childbirth. Through disability coverage, you can still get a paycheck when you’re on pregnancy leave.
It’s crucial to get disability insurance before having a baby since it could be considered a pre-existing condition and may not be protected.
Do you have disability insurance? Check your policy to determine your coverage, the elimination time, and other crucial elements. After birth, you can make routine pregnancy claims quickly by using QuickClaims!
Take a look at this checklist of pregnancy-related disabilities to get additional information.
Keep Your Receipts
If you own a reimbursement account such as the Healthcare Flexible Spending Account (HCFSA) or Health Savings Account (HSA), or Health Reimbursement Arrangement (HRA)–you can apply for some pregnancy-related expenses reimbursement. For instance, the following medical expenses can be acceptable for a refund:
- Obstetrical fees
- Costs of pregnancy
- Prenatal vitamins
- Lamaze class
- Lactation products and breast pumps
- Produits for female hygiene
- Pain alleviation medications
- Deductibles
- Find the complete list of eligible cost incentives.
Understanding and reviewing your health insurance coverage is the best way to prepare for the future. It’s critical to speak with your HR representative to learn more about your specific health insurance plan. Call Ottawa Life insurance at (613) 454-1424 or send an e-mail at info@ottawa-lifeinsurance.ca.
Recent Comments