A maternity insurance policy is a policy that offers health insurance with maternity coverage for every expense associated with pregnancy as per the established policy limit during the life of the plan. Depending on the insurance provider, some companies cover expenses for both prenatal and postnatal treatment, as well as the expenses of the newly born child, under pregnancy insurance.
Need of Maternity Insurance Policy in India?
One of the most significant stages in a couple's lives is becoming parents, so it's crucial that they be financially prepared for it. With the peace of mind that comes from knowing that your delivery, hospitalization, and diagnostic charges are all covered by your maternity insurance plan, you can focus on enjoying your pregnancy.
What is covered under health insurance with maternity coverage?
Below are the specifics of what is and is not covered by maternity care insurance:
Costs associated with prenatal and postnatal care, such as visits to the doctor, ultrasounds, and checkups.
Birth-related medical costs
Costs associated with immunization of newborns and intensive care unit stays
Isolated medical procedures that don't necessitate a 24 hour hospital stay
Costs associated with calling an ambulance in an emergency
Maternity Health Insurance Excludes?
IVF, which stands for in vitro fertilization, is not covered by standard maternity insurance policies.
In addition, coverage is not provided for ectopic pregnancies.In the event that the pregnancy is terminated too soon, the costs of therapy are not reimbursed.
The price of medicines and supplements is not reimbursed.
In addition, pregnancies that occur in women who are 45 years old or older are not covered.
Listed above are some of the aspects of maternity insurance coverage that will not be covered.
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