Parenthood is certainly a beautiful journey of life. The start of this phase, with the newborn’s arrival as a new family member, brings excitement that knows no bounds. At the same time, it signals a sense of great responsibility for young parents. There are so many things that one needs to take care of – from making the house baby-friendly to giving the best care for healthy growth. Apart from this, parents must focus on their insurance needs and consider including the new-born in their family health insurance plans. This way, they can secure the health of their child and get access to quality medical care without any worries.
Finding an individual health policy that covers a baby from day one is difficult; however, there are maternity plans wherein a newborn is covered from 1 day up to 90 days. Thus, they prove beneficial. However, after completion of this period, parents can add their child under a regular health policy by paying an additional premium. Parents should be aware of the benefit of new-born baby health insurance, and how it helps them stay relaxed about accessing best medical care when needed.
Also, they must consider contacting the health insurer early that will give ample time to get the best health cover for their child. As there is no specific child plan, the best protection for new born baby is to include the baby in your regular health insurance.
Why is Newborn Baby Health Insurance Essential?
Nowadays, medical treatment results in enormous expenditures for a family, and the costs are continuing to rise. Keeping oneself secured financially with the help of a family health cover is a move in the right direction since medical emergencies can unexpectedly drain out our savings.
Children and newborn babies require the same protection as other family members. Thus, getting health insurance for children, including a newborn is crucial, and it is possible by opting for the best family floater policy. This way, all the individuals of a family are covered under a single policy, and it makes the premium affordable to a great extent.
Addition of Newborn under Health Insurance Policy
Quality maternity care is vital for the mother and also for the baby. Hence, opting for a good maternity cover will ensure protection for your baby up to a specified number of days. As mentioned earlier, newborn cover is a benefit available under maternity health plans. These plans cover a host of medical expenses, including the hospital and delivery costs. Besides, the plan includes newborn baby cover for up to 90 days. You can add the baby under a regular family health cover such as ‘Care’ by Care Health Insurance (Formerly Religare Health Insurance) if the age is 91 days or above. You can also include your newborn under the policy at the time of renewal.
Points to Consider When Opting for New-born Baby Health Cover
If you are looking for best child plan for new born baby, then opting for a family floater policy is a good idea and an affordable option. Here are some crucial points that you should consider when selecting a health cover for newborn:
- There may be a slight increase in the premium if you are adding newborn to the plan. Yet, family floater policies have an affordable premium compared to individual health plans, if we consider the coverage.
- Make sure you have the policy details and documents such as a birth certificate.
- Consider upgrading your existing policy with a higher sum insured that will give you the right protection against healthcare expenses.
- To ensure there is no hassle in getting coverage for medical expenses, it is advisable to read the policy documents and know the terms and conditions.
The arrival of a newborn also means a rise in overall expenses. It also implies a greater need to focus on the health and well-being of your family. Thus, comprehensive health insurance plans are the best safety cushion as they come with a lot of benefits at an affordable price, and you also get new-born baby health insurance cover in the same plan. Moreover, features such as annual health check-ups and no claim bonus help secure your health in the best way possible.