It’s been a while between babies for me.
That is to say, between my baby who is now 12, and my future babies, which my husband and I dearly want to have. When my next pregnancy does finally roll around, there’ll be a lot I’ll do differently. I learned the hard way during pregnancy #1 that all this baby-creating business costs a bomb, for example. So next time, I’ll be investing in health insurance. Specifically, health insurance for pregnancy.
I’ve done my research on this, and here’s what I’ve found are the six important questions to ask when it comes to health insurance and pregnancy.
1. Do I even need private health insurance, anyway?
If you want to choose your own obstetrician or midwife, or choose a hospital location, plus increase your likelihood of a private room, then basically – do it.
Some private health insurance funds will also offer extras cover (sometimes included as part of a package) that goes beyond cover for your pregnancy in hospital, and provides access to childbirth and parenting education classes, as well as additional support after your baby is born to help with things like breastfeeding.
(Bupa’s Growing Family hospital and extras package has been designed to meet the needs of families planning to add to their brood, so that’s what I’ll be investing in).
Just as an FYI, you should know that this is an advertorial for Bupa.
If you stay at Members First hospitals, Bupa members can also benefit from a private room or money back guarantee, a daily newspaper and free-to-air TV at no additional cost.
With the all the demands of the early days after birth, these kinds of extra supports are likely to make a big difference to your experience.
2. When should I get cover for pregnancy?
Bet you’ve never heard of this: you need to allow for a 12-month waiting period from the time you join or upgrade your health insurance before you can claim on hospital and medical costs for childbirth.
So if you’d like to have your baby as a private patient, and avoid the risk of large out-of-pocket expenses, it’s best to investigate your insurance cover options well before conception.
3. What kind of health insurance do I need?
Reading fine print might sound like a drag, but it’s always worth looking into the details of health insurance policies.
That’s because some lower-cost policies may only cover minimum benefits for ‘obstetrics’ (that’s pregnancy to you and me), or may only cover you as a private patient in a public hospital.
It’s also important to factor in what your policy covers you for once your baby is born, in case they require immediate hospital care.