Short Term Disability for Pregnancy
Contact Harding Insurance Brokers: Bret Harding (801) 372-2647
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Purchase a Supplemental Maternity Insurance Plan For Under $50 a Month and Receive $2,400 When You Have Your Baby!
We Offer Plans From Reputable Carriers Like AFLAC, Humana, and More!
Call or email Bret Harding: Ph. 801-372-2647
Purchase Two Supplemental Maternity Insurance Plans and Receive $3,600 When You Have Your Baby!
Both Plans Can be Purchased for Under $90.00 per month.
Call or email Bret Harding: Ph. 801-372-2647
Email Bret for more information on maternity insurance coverage: Bret@HardingInsuranceBrokers.com
Watch this Short Video to Learn More About Short Term Disability Insurance for Pregnancy.
What is Short Term Disability Insurance for Pregnancy?
Many growing families are struggling to make ends meet - before losing mom's income, and then adding an extra mouth to feed. And there is always that doubt in the back of your mind: what if something happens? Apply for short term disability insurance before getting pregnant to put your mind at ease.
In a nutshell short term disability insurance for pregnancy is a type of supplemental insurance that pays you cash when you have your hospital stay to deliver the baby. Most health insurance companies these days don’t cover cost associated with “standard pregnancy” they only cover the cost associated with “complications of pregnancy.” However, complications resulting from pregnancy are only covered after you’ve met your plans medical deductible, which are often times between $2,000 - $10,000. Also many medical plans may have a “separate maternity deductible” that you must meet in addition to your standard medical deductible. Often times the separate maternity deductible is between $5,000 - $7,500, which for all intent and purpose leaves you covering the majority of the cost.
Some employers do offer medical insurance that sometimes pays a large portion of the costs associated with pregnancy, but again after you’ve met the medical and maternity deductibles you can still find yourself paying thousands of dollars before the insurance kicks-in. Before getting pregnant it’s a great idea to speak with your employer or HR person to find out what the projected maternity costs will be. This will enable you to be better prepared when your child arrives and make the experience more enjoyable and less stressful. And heck, even if your employer’s insurance plan does cover the majority of the costs associated with having a baby you can’t tell me having an extra $3,600 in cash won’t help keep the new baby in shoes!
Supplemental Maternity Insurance Pay’s the Bills that Health Insurance Leaves Behind
Purchasing the right supplemental maternity insurance policy can be confusing. This type of supplemental insurance cannot be purchased if you’re currently pregnancy. These policies pay for the prenatal and hospital expenses that are not covered by health insurance. Purchasing a good supplemental insurance policy will help you pay the “out-of-pocket” medical expenses that traditional health insurance plans leave behind. Not only do you have medical and maternity deductibles to worry about, you may also be missing time off from work when you deliver your baby. Most women take anywhere from 3 -6 weeks off from work when delivering and caring for your new baby. When you consider your out-of-pocket medical deductible, which typically range from $2,500 - $10,000, plus your unpaid time-of from work, you’re easily looking at another $4,000 - $6,000. Costs can add up quickly, but with a little bit of foresight and planning on your part purchasing a supplemental maternity insurance policy will help ease the financial stress.
Purchasing Supplemental Maternity Insurance Before You’re Pregnant
We all know health insurance companies are in business to make money, not giving it away! These organizations accept money from consumers in exchange for a guarantee that bills will be paid if a future event takes place. If the future event never happens, the health insurance companies make a profit. When a woman is pregnant, this medical condition is guaranteed to cost the insurance providers bottom line. Therefore, no insurance company will issue a supplemental pregnancy policy to a pregnant woman. Only non-pregnant women can purchase pregnancy policies.
The insurance companies require non-pregnant women to purchase their important supplemental maternity insurance policies months before a pregnancy occurs. After the policy is purchased it’s a good idea to wait 2 – 4 months before getting pregnant. Each insurance company has their own rules that their insured policy holder must follow before the policy can be used to pay for maternity expenses. Since the costs of having a baby can be thousands of dollars, a good supplemental pregnancy policy is needed.
The supplemental maternity insurance policies are not very expensive to own. The benefits of owning these policies outweigh the insurance rules that require a wait-time before the pregnancy can begin. With the pregnancy policies, consumers can have a baby without going into debt due to medical bills and missed time away from work.
How a Supplemental Maternity Insurance Policy Works
Your health insurance plan was either purchased through your place of employment or from a private health insurance carrier; often times these policies have expensive co-pay or up-front deductible you must pay whenever healthcare services are needed. For most people, these high out-of-pocket charges are not affordable. After a baby is born, if the primary insurance carrier has not paid all healthcare expenses, lower-income families can run into troubles with creditors.
When you choose to purchase a supplemental insurance plan for maternity costs, all medical bills can be paid by the insurance carriers. If you have a health insurance plan with a high deductible (i.e. $2,500, $5,000) a supplemental pregnancy policy becomes a necessity. A good supplemental policy will cover a pregnancy unexpected expenses that are not covered by other types of insurance.
Summary
Purchasing a supplemental maternity insurance policy a few months before you plan to get pregnant is the difference between a stressful pregnancy and stress free pregnancy. We recommend you purchase at least one policy and in most cases purchase two, and together both polices pay you $3,600 for a two day hospital stay. The beauty is both policies together costs less than $90 a month, so even if you’re not good at math you can see you’re making a good investment.
We offer supplemental maternity policies to our clients from reputable carriers, like AFLAC, Humana, and American Public Life Insurance. The carriers we represent have the highest financial strength ratings from all the major rating companies (i.e. Standard & Poor, Moody’s, etc.), this ensures you’ll be paid. Learn more today, contact Bret Harding and get your plan in-place.
Learn More About Supplemental Maternity Insurance: www.SupplementalMaternityInsurance.net