These days as medical inflation is skyrocketing, and the cost of living is getting higher, many couples delay their family planning. However, it brings lots of complications for them later in life. If you are also one of those couples, you do not need to worry now. Opt for medical insurance for pregnancy that ends up all your financial worries about delivery. It covers the costs of advanced maternity facilities, pre, and postnatal expenses, and saves your hard-earned money.
Learn how maternity/pregnancy insurance is advantageous:
Under health insurance for pregnancy, pre and postnatal expenses, vaccinations,
delivery charges, in-patient hospitalization, pre, and post-hospitalization expenses, doctor’s fees, room rent, diagnosis, c-section cost, and medication are covered. It gives extensive coverage to the mommy and her newborn child.
Cashless Treatment Facility
Under pregnancy health insurance, expecting mom can avail of the immediate cashless treatment facility during an emergency or planned delivery. No need to arrange cash to bear the delivery expenses. As a woman, you can easily afford the maternity costs without any financial implications and avail the best facilities for yourself and baby.
Pregnancy insurance also covers the expenses for a newborn baby for the first 90 days. Leading health insurance companies like HDFC, GoDigit, ICICI Lombard, or Care Health Insurance provide coverage for infant vaccination, medical complications, doctor’s consultation. It saves couples lots of money and helps the baby recover faster if there is any complication during delivery.
Single private AC room, no claim bonanza, daycare treatment, ambulance cover are some of the additional benefits of medical insurance for pregnancy. These benefits enhance the coverage of the policy and ease the way to motherhood for expecting mothers. However, pregnancy insurance after pregnant in India is not possible. Many health insurance companies denied it because they consider it a pre-existing condition.
The tax deduction is an add-on bonanza in health insurance for pregnancy. The premium paid against a maternity health insurance plan is subject to tax exemption under section 80D of the Income Tax Act 1961. Such tax benefits reduce taxable liabilities.
Below is the list of top Health Insurance Companies in India offer medical insurance for pregnancy:
|Health Insurance Company||Plan Name||Sum Insured|
|Digit Health Insurance||Digit Health Insurance with Maternity Cover||3-5 Lac|
|Care Health Insurance||Joy Maternity Insurance Plan||3-5 Lac|
|HDFC Ergo||my: Health Suraksha Gold Plan||7.5-15 Lac|
|Max Bupa Health Insurance||Heartbeat Family Floater Plan||5 Lac-1Cr|
|Star Health||Star Health Wedding Gift||3-5 Lac|
Source: Companies’ Official Webistes
Thus, mounting medical inflation and hefty pregnancy expenses will not refrain you from the joy of motherhood now. With the right medical insurance for pregnancy, expecting mothers can avail of the best maternity facilities in the leading hospitals without financial constraints. So, if you are a working woman, homemaker, or loving husband, opt for it and plan how to welcome your newborn into this world.