Are you planning a family? Do not let medical inflation refrain you from holding your bundle of joy in your hands. Opt for health insurance with maternity cover to make the journey memorable for the mother and newborn. It ends up all your financial worries related to childbirth. You can avail advanced maternity facilities, coverage for pre, and postnatal expenses, and saves your hard-earned money. So, read below why it is crucial:
Cashless Treatment
Cashless treatment is one of the seamless benefits that expecting moms can avail under pregnancy health insurance. It is helpful during an emergency or planned delivery. No cash is required to bear the delivery expenses. Such health insurance that covers pregnancy reduces the financial burden of the couples.
Comprehensive Coverage
Under health insurance for pregnancy, females get comprehensive coverage for 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.
Newborn Cover
Health insurance with maternity cover not only includes the expenses for delivery. But also cover the expenses for a newborn baby for the first 90 days. Trusted brands like Care Health Insurance, ICIC Lombard, GoDigit, provide coverage for infant vaccination, doctor’s consultation, medical complications, etc. It helps the infant to recover faster under the supervision of the doctors.
Other Benefits
Pregnancy health insurance helps women to avail of other benefits, such as a single private AC room, no claim bonanza, daycare treatment, ambulance cover, etc. These benefits increase the coverage of the policy that eases the way to motherhood for every woman.
Tax Benefit
You will be glad to know that health insurance that covers pregnancy offers double benefits. On one side, it covers maternity expenses; on the other side, it offers tax benefits. Under section 80D of the Income Tax Act 1961, a premium paid against a maternity health insurance plan is subject to tax exemption that reduces taxable liabilities.
Top Health Insurance Companies in India Offer Medical Insurance
Below is the list of top health insurance companies in India offer pregnancy health insurance:
| 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
Takeaway
Medical inflation and maternity expenses are increasing leaps and bounds. If this concern is giving you also sleepless nights, opt for health insurance with maternity cover now. It helps you to welcome your newborn into this world without financial stress.
