Maternity leave is an important time for parents. I can speak from experience. You want to enjoy your newborn as much as you can. There’s alot going on during this special time, especially if you are a first-time parent! There is one, important aspect during this timeframe that many couples overlook: money. Who wants to worry about money?! Truth be told, finances are going to be much tighter, with formula, diapers, and countless other things to buy to make your experience easier. Unfortunately, while there are many options for maternity leave, many types of leave are unpaid. Not to worry, because we have some options to fill the income loss during your maternity leave. Supplemental maternity insurance helps fill these income gaps and puts your mind at ease. Some options are better than others, though. In this article, we discuss a better insurance option for paid maternity leave.
Having a baby is expensive. You can look no further than the back page of the summary of benefits of your major medical policy. There, you’ll see an estimated cost of your pregnancy. Most pregnancies command out-of-pocket expenses into the thousands – after your major medical insurance paid its share. This excludes any high-risk testing, a cesarean birth, or a high-risk pregnancy. While the potential costs seem overwhelming, supplemental pregnancy insurance helps pay for these out-of-pocket expenses. A supplemental health insurance policy (like supplemental pregnancy insurance) pays for these costs “gaps” that your underlying health insurance doesn’t pay.
In recent years, hospital indemnity insurance has made strides. This type of insurance has been around for awhile. However, not until the rapidly increasing deductibles, coinsurance, and copays with health insurance plans under the Affordable Care Act, has hospital indemnity insurance been in the spotlight. In light of increasingly higher out of pocket expenses, people are turning to hospital indemnity insurance for cost assistance and peace of mind. Is hospital indemnity insurance worth the money? In this article, we describe hospital indemnity insurance and if it is worth the money or not.
You know how important health insurance is. Without health insurance, you could seriously face significant hospital and doctor costs. If you don’t have a social security number, you may believe that you can’t obtain health insurance. That is not necessarily true. Health insurance is available. Honestly, it’s not the best health insurance. However, it will cover you in case of illness, accident, or a trip to the hospital. In this article, we discuss health insurance for people without a social security number.
What is Gap Health Insurance? Nope. It is not clothing for health insurance carriers. It is insurance that will help pay for your out-of-pocket medical costs. Why is this important? If you have an ACA health insurance plan, or even a plan from your employer, you may realize that your out-of-pocket costs have risen dramatically in the last few years. These costs have made a severe financial impact on families. Luckily, gap health insurance helps. In this article, we discuss gap health insurance and the best gap health insurance for families.