Tuesday, November 11, 2008
Health Care Costs - Whew!
My daughter purchases her own insurance. As a healthy young lady she spends $560/month (up from $375 in 2007) for a policy with $8000 deductible a year. She has already fulfilled her deductible this year (paid the first $8K) and had good coverage for her recent pregnancy and childbirth.
She understood the baby was covered for the first 30 days under the mom's policy. Well...yes the baby is covered but there is another $2500 deductible for the baby as well as $7500 annual co-pay before the baby is covered for hospitalization. That adds up to $10K for the baby to be covered for the first 30 days.
After 30 days, the premium will be $995/month for healthy mother and baby.
Posted by Toni Brayer, MD at 5:40 PM