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Obama Care & Maternity Coverage?

From what I've read about the new Health Care Act, maternity coverage will be included on all NEW private or small group insurance plans beginning in 2014. I have insurance now, but do not have maternity coverage. In order for my husband and I to have another child, I must pay for the maternity rider for a full year before getting pregnant. That rider is VERY expensive. It sounds like I would be better off waiting until 2014 and canceling my current health insurance policy and starting a new one. Can anyone shed some light on this for me?

5 Answers

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  • 8 years ago
    Favorite Answer

    Don't get too excited about that - you can bet that EVERYONE'S health insurance will go up about $300 a month, for those mandated maternity costs - maybe more, since preexisting pregnancies will also have to be covered. That will be, $300 PER PERSON. Even for your baby, after baby is born. So, your family will be paying an extra $900 a month for insurance, to subsidize women who get "automatic" maternity benefits. Yehaw.

    Additionally, insurance companies who flat out don't want to take on that risk, will do what they're doing now - they'll flat out stop selling insurance policies for individuals, or for women.

    I promise, no one is as stupid as Congress thinks they are - not even insurance companies. They CANNOT sell the product at a cost lower than the claims will be, and stay in business. So far, the result of Obamacare has been children being unable to buy individual policies any more, and maternity benefits being unavailable in most states, and premiums up about 30% in cost.

    Expect more of the same - drastically increased costs, and fewer coverage options. Cancel your policy now . . . and odds are pretty good, you won't be able to find insurance next year, even at a 50% increase in rate.

  • ?
    Lv 7
    8 years ago

    Yes, you should wait until later this year and buy a new policy with maternity coverage under Obamacare from the insurance exchange in your state. You get a generous tax credit with your refund.

  • 8 years ago

    Not sure how that's going to play out. All I know is most companies dropped maternity coverage KNOWING that they were going to have to take everyone next year. I'm assuming maternity coverage will not be a guaranteed benefit, but I'm also not willing to bet money on it either way. There are lots of unknowns...

  • St N
    Lv 7
    8 years ago

    Don't buy health insurance from a for profit corporation. Stay not pregnant until some decent health coverage comes into effect then join it.

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  • 8 years ago

    Close, but get the new one first, and then cancel your current one. Don't cancel your current one first, and take the chance of having no insurance or the chance of not being able to get a new one immediately.

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