Benefits of Maternity Health Insurance Plans
What is Maternity Health Insurance?
A maternity health insurance is a special health insurance plan which is focused on providing insurance coverage for maternity and newborn baby expenses. You can also avail the maternity insurance benefits as an add-on cover or rider with an individual plan or a family health insurance plan that provides coverage to get coverage for all maternity related expenses.
Under the maternity benefit, the insurance provider also compensates for post natal expenses such as baby's hospitalisation expenses due to any medical complications and vaccination charges to a certain extent. However, this coverage is offered by select insurers only.
Benefits of Maternity Health Insurance Plans
Maternity health insurance rider comes with a lot of benefits with itself, some of them are mentioned below.
1. Cashless Hospitalisation
It is difficult to be prepared with cash in hand for any expenses that can occur at the time of hospitalisation. With maternity health insurance add on, one can avail a hassle free and cashless claim of the policy. You would just submit the required documents to the hospital's mediclaim department and wouldn't need to pay a single penny from your pocket.
2. In-patient care
Delivering a baby often comes with several medical complications. Maternity Health Insurance policies provide coverage for such expenses as well and they make sure that the policyholder gets complete in patient care.
3. Daycare Treatment
Maternity Health Insurance Rider provides Day Care treatment to the mother as well to the child
4. Advance Technology Methods
One can get access to advanced technology methods with Maternity Health Insurance Rider. It provides coverage for all the expenses related to such advanced technology methods.
5. Newborn Baby Cover
The Maternity Health Insurance Rider is not not just restricted to delivery and hospitalization expenses ,it also provides coverage for postnatal expenses and to newborn babies upto first 90 days after the delivery.
6. Pre and Post Hospitalisation Cover
One can enjoy coverage for pre and post hospitalisation expenses as well with Maternity Health Insurance Rider.
7. Single Private Room with AC
As it is essential for the newborn baby and the mother to have a healthy and comfortable environment, maternity health insurance add on provides such facilities which gives them a comfortable environment. One can avail for a single private account room with maternity insurance add on
8. Tax Benefits
According to Section 80(D) of Income Tax Act, one can avail tax deductions on paying premiums for health insurance policies. The limit of such tax deductions is upto ₹25,000 on individuals below age 60.
9. Free Health Checkups
With maternity health insurance add on, one can avail the benefits of free medical checkups and coverage for expenses incurred on such expenses.
10. Pre and Postnatal Care
With maternity insurance riders, companies cover pre and postnatal care as well. Postnatal care for upto 90 days after the delivery of the child is given.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
