Florida Maternity Plans
Florida Maternity Coverage
Bad News and Good News
Bad News
Let's start off with the bad news.
1. The few plans that offered a maternity rider with their health insurance plans, no longer do so.
2. The big payout indemnity plans that covered you in Florida are no longer available.
Good News
Keep in mind that I said "good news" not "great news".
1. I have a hospital cash plan that will cover maternity. You only need third grade math to quickly see that this is a "no brainer".
2. There are advocacy programs that will help you negotiate a reasonable rate for delivery that will lower your premiums. Of course, you can also call the local hospital and get their cash price for delivery as well.
3. If you already have health insurance and did not have a c-section prior to getting this health insurance, complications to pregnancy are covered even though the plan does not have a maternity rider.
Our Hospital Cash Plan
This plan must be purchased before you are pregnant. It will not pay for a delivery until you have been on the plan for 10 months. So, I strongly suggest that you wait a month or two before you try to conceive after the plan begins.
The payout is very simple. This what the plan will pay you:
- $2,000 for a hospital confinement (one per year)
- $200 for each day you are hospitalized ($800 if you are in an ICU)
- $150 for an emergency room visit (2 per year)
If you are in the hospital for two days, the plan will pay you ($2,000 + 2 X $200 = $2,400)
This plan is very inexpensive. For most of you it will cost around $40 a month.
For the Math Challenged
I am always amazed that I can describe this plan to someone who is going to get pregnant in a few months and then they do not buy it. If you pay $40 a month and hold it for a year, you will pay out $480 in premiums. If you have a normal delivery, they will pay you $2,400 (2 days in the hospital). Then, if you wish, you can cancel the plan.
How To Apply
If you send me an email or call me, I will send you an email with the brochure, application and rate sheet. It is an "A" rated, well known carrier. You will know who they are. But, if I put their name up on the Internet, I will have to have this entire page approved by their legal department. I am not about to do that.
How Much Does It Cost To Have a Baby?
We get asked this question every day. The answer is "only a small fraction of what it costs to raise a baby."
Some people tell me that they had a normal delivery and it cost $20,000. That is a lot of rubbish. The costs can be broken down as follows:
1. Physician charges
2. Hospital delivery charges
3. Anesthesia
4. Nursery care
The actual charges vary from hospital to hospital. Here is what you need to do. You need to call up your local hospital and inquire about their fixed rate or prepaid rate for delivery. Call a few hospitals if you can. They all have special deals because so many people do not have maternity coverage.
In my area, a physician charges about $3500 for pre-natal and normal delivery. The hospital can be bargained down to about $2500. Then add on miscellaneous charges. If you were guessing, it would be between $7,000 and $9,000 for a normal delivery.
But, do call the hospital and shop this around.
Please Read
This is an indemnity plan and can be used with any health insurance plan or by itself..
If you are in a state other than Florida, give me a call, we have plans for other states.
Thank you
Martin Unger
800-272-0512
If you would like a personal quote give me a call. I am here from 9 AM to about 8 PM. You can reach me at 800-272-0512.
FLQUOTE.COM - A Full Service Insurance
Florida agency
Coral Springs, Florida 33076
1-800-272-0512
1-954-757-0033