WHY won't insurance companies deal in form insurance to a woman who is already pregnant?
She may break a leg or get bronchitis, which would have zilch to do with being pregnant. Am I wrong, is nearby a company who would sell to her before the babe-in-arms is born, as long as she understood that nothing to do next to the maternity would be covered?
Answers:
A lot of things can happen during a pregnancy, for which an insurance company doesn't want to risk.
Think nearly it. If you were the insurance company, would you take the risk?
Trying to buy insurance at time of inevitability is like trying to buy fire insurance when your house is already in flames.
People requirement to plan ahead for the unexpected.
Best wishes, and God bless. Source(s): Retired agent, 30 yrs. service
Because here in the USA, your indiscriminate of a C section is about 40%, and the vigour insurance company would have to pay for it.
Also, it's not adjectives, but it's possible, for the woman to develop complications, and even die.
The health carrier can't exclude coverage for the c piece, or stroke, or diabetes, or any other "complication" that's not direct childbirth or prenatal care. So they don't get rid of you ANY health insurance.
See, the government made the rule that they have to cover that stuff, if they wrote the policy. So, they responded by refusing to write policies. Government interference tends to enjoy the exact opposite effect of it's stated intent. Prime example here. Source(s): agent, 21+ years
The short answer - its still too much of a financial risk.
Most states mandate that "complications of pregnancy" be covered under a condition insurance policy. If you experienced any of those specific complications, the insurer would be on the hook for the bill. Source(s): 15 years working for health insurance companies and medical providers
It's call a pre-existing condition. Most plans also have what's called a "parenthood rider". An even more strict form of a pre-existing condition clause.
No offense, but situations like this is why healthcare costs are on the rise. No one thinks around getting health insurance until there's a problem that takes them to the doctor.
Keep shopping around, you may get hold of lucky. If not, try to qualify for Medicaid... but don't fudge your information, like your income, to get on it. If you still can't get hold of on health insurance, start saving your pennies for a wet day... because it will pour!
after 6 months evn the pre-existing condition in your state may have to be covered---- so they may hold to pay for the baby as economically as you in the hospital!
Most companies wont sell insurance to an expectant father! Newborns are a risk, and most states require insurance companies to provide coverage to the dependent newborn of the insured from the moment of birth. See mandatory coverage relationship below.
Don
http://mtnhealthinsurance.com Source(s): http://mtnhealthinsurance.com/index.php?pageName=10-16-104
The simplest reason is that they don't want to settle for the pregnancy itself. It can cost $5,000-$10,000 just for the delivery of the child and collecting a $100-$200 a month premium sure doesn't justify the risk.
AND, even if the policy doesn't cover maternity I can detail you from personal experience of many trips to the emergency room for dehydration. There's also gestational diabetes and a whole laundry document of items that can occur.
To be blunt, the insurance company doesn't want to cover a pregnant person for indistinguishable reasons that the pregnant person requests insurance -- the added risk.
Most states have a high risk plan that may cover it. Good luck.
Jeff Source(s): 16 years experience - www.InsurancePickle.com
same reason that an insurance company won't insure your HOUSE if the kitchen is smouldering.
Good luck and I hope this helps! Source(s): Independent insurance agent for 27+ years
Related Questions:
Answers:
A lot of things can happen during a pregnancy, for which an insurance company doesn't want to risk.
Think nearly it. If you were the insurance company, would you take the risk?
Trying to buy insurance at time of inevitability is like trying to buy fire insurance when your house is already in flames.
People requirement to plan ahead for the unexpected.
Best wishes, and God bless. Source(s): Retired agent, 30 yrs. service
Because here in the USA, your indiscriminate of a C section is about 40%, and the vigour insurance company would have to pay for it.
Also, it's not adjectives, but it's possible, for the woman to develop complications, and even die.
The health carrier can't exclude coverage for the c piece, or stroke, or diabetes, or any other "complication" that's not direct childbirth or prenatal care. So they don't get rid of you ANY health insurance.
See, the government made the rule that they have to cover that stuff, if they wrote the policy. So, they responded by refusing to write policies. Government interference tends to enjoy the exact opposite effect of it's stated intent. Prime example here. Source(s): agent, 21+ years
The short answer - its still too much of a financial risk.
Most states mandate that "complications of pregnancy" be covered under a condition insurance policy. If you experienced any of those specific complications, the insurer would be on the hook for the bill. Source(s): 15 years working for health insurance companies and medical providers
It's call a pre-existing condition. Most plans also have what's called a "parenthood rider". An even more strict form of a pre-existing condition clause.
No offense, but situations like this is why healthcare costs are on the rise. No one thinks around getting health insurance until there's a problem that takes them to the doctor.
Keep shopping around, you may get hold of lucky. If not, try to qualify for Medicaid... but don't fudge your information, like your income, to get on it. If you still can't get hold of on health insurance, start saving your pennies for a wet day... because it will pour!
after 6 months evn the pre-existing condition in your state may have to be covered---- so they may hold to pay for the baby as economically as you in the hospital!
Most companies wont sell insurance to an expectant father! Newborns are a risk, and most states require insurance companies to provide coverage to the dependent newborn of the insured from the moment of birth. See mandatory coverage relationship below.
Don
http://mtnhealthinsurance.com Source(s): http://mtnhealthinsurance.com/index.php?pageName=10-16-104
The simplest reason is that they don't want to settle for the pregnancy itself. It can cost $5,000-$10,000 just for the delivery of the child and collecting a $100-$200 a month premium sure doesn't justify the risk.
AND, even if the policy doesn't cover maternity I can detail you from personal experience of many trips to the emergency room for dehydration. There's also gestational diabetes and a whole laundry document of items that can occur.
To be blunt, the insurance company doesn't want to cover a pregnant person for indistinguishable reasons that the pregnant person requests insurance -- the added risk.
Most states have a high risk plan that may cover it. Good luck.
Jeff Source(s): 16 years experience - www.InsurancePickle.com
same reason that an insurance company won't insure your HOUSE if the kitchen is smouldering.
Good luck and I hope this helps! Source(s): Independent insurance agent for 27+ years
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