Newborn Baby Health Insurance

Newborns require extra care and attention, especially in the initial few months, for sound health. These extra cares include getting their regular medical check-ups, medical treatments, and regular vaccinations done.

Medical emergencies are unpredictable. Also, the immune system of a newborn baby is weak initially because of which they are more prone to fall sick. Thus, it is wise to have health insurance cover a newborn baby to get the required medical treatment in times of need. In addition to ensuring timely medical treatment, a newborn baby’s health insurance plan also keeps the parents financially strong in difficult times.

Benefits of a Newborn Baby Health Insurance Plan with a Newborn Baby Cover

Some of the key reasons that make a health insurance policy with newborn baby cover beneficial are stated below:

• Buying a health insurance plan with newborn baby cover ensures complete financial safety by offering a comprehensive cover for healthcare needs related to hospitalization and several other healthcare expenses like pre-hospitalization, post-hospitalization, modern daycare procedures, and ambulance charges, amongst others.
• The health insurance policy helps you in achieving much-needed peace both financially as well as emotionally, as you are aware that your newborn is protected and safe during the time of health-related emergency.
• By securing your baby under a good health insurance plan, you can welcome your new bundle of joy, without needing to worry regarding finances and security.
• The premium payable towards the health insurance plan with a newborn baby cover is significantly much lesser in cost.
• By buying a health insurance plan with a newborn baby cover, you can look ahead to increase your savings by claiming a tax deduction under section 80D of the Income Tax Act.
• Some health insurance providers offer a yearly health check-up benefit that helps you in monitoring the health of your family including the newborn baby.
• The health insurance policy with a newborn baby cover offers you a reward in the form of a No Claim Bonus for staying healthy and not raising claims during the policy duration.

Documents Needed for Health Insurance for Newborn Baby Cover

Given below is the list of documents that you require at the time of adding your newborn baby to any Health insurance policy:

• A birth certificate
• A maternity discharge card
• A photograph of a cashless health card
• Health reports stating the medical condition of the newborn (if any)
• Any other documents as asked by your respective health insurance provider

What are the risks associated with not having Newborn Coverage Post the First 90 Days of Birth?

A lot of new joy and responsibilities knock at your door after the arrival of your newborn baby. Having health insurance with a newborn baby cover is a great sigh of relief, however, in case, you are not having it, then you may have to go through financial stress for the reasons mentioned below:

• A financial burden is created due to the postnatal expenses, and in case they do not get covered under the health plan, it gets a bit hard for the mother and newborn baby to avail of quality health care.
• With delivery, many complications can arise that would require immediate hospitalization. In case you do not have a proper health cover for your newborn, then you may need to arrange money on an urgent basis that can even take you under a huge financial debt.
• Without having proper health insurance cover, the newborn would not get supervision from the doctor, which is crucial to have a faster recovery post the delivery complications.
• Without getting your newborn insured under a health insurance cover, you could end up meeting the hefty medical bills that can pose a financial strain on your growing family.

How Many Members Can Be Covered Under A Newborn Baby Health Insurance?

Newborn babies can be covered on a family floater basis along with their parent(s). Other members of the family can also be included in the family health insurance plan. It is advisable to select an insurance company that allows the parents to include the newborn at the earliest under the plan.

If the policy buyer wants to include several members of the family, then they can choose a health insurance company that allows them to customize the plan according to their needs and budget. Some insurance companies in India allow policyholders to avail of the plan benefits immediately after the birth of a child upon intimation of the same.

Factors to Consider When Buying Health Insurance Plans for Newborn

With many health insurance companies in the market offering newborn baby health insurance cover, it might be a tedious task to choose the most relevant one. To simplify the process, here are the important points which must be considered when purchasing a health insurance plan for a newborn baby.

1. Upgrading Feature: Most health insurance plans for newborn babies allow the parents to upgrade the plan coverage once the newborn completes 90 days. So, before buying a plan, one must make opt for the one that allows upgrading.

2. Premium: It is important to check the premium when buying a health insurance policy for newborns to ensure that it falls within the budget. Also, there are some health insurance plans that ask for an extra premium to cover the newborn baby while others do not. So, one should check the same before zeroing down any policy.

3. Plan Coverage: Different health insurance plans for newborns have different coverage features. Some offer cover for vaccination, prenatal and postnatal expenses, etc. while others do not. It is recommended to choose a policy with maximum coverage features so that the newborn can be protected at all times.

4. Co-Payment Clause: Some health insurance plans for newborn babies come with a co-payment clause wherein the parents are required to pay some amount from their own pocket at the time of claim. But health insurance plans with co-payment features come at a lesser premium comparatively. So, one should check the clause, if any, before buying the policy.

5. Exclusions: As important, it is to know about the plan inclusions, equally important it is to know about the plan exclusions. So before buying a policy, read the same thoroughly and make sure your plan provides coverage for all your requirements.

How to Buy Newborn Baby Health Insurance Plans Online At InsuranceDekho?

Buying health insurance for newborns online at InsuranceDekho is an easy, transparent, and paperless process. All you have to do is follow the easy steps given below and you can own the policy without any hassle:

1. Visit www.insurancedekho.com. Click on the ‘health’ tab.
2. Select Gender and enter your Name. Then enter your Mobile number. You will receive an OTP on the given number. Please enter that.
3. Tell us when you can purchase the health insurance policy, and click on the ‘View Instant Quotes’ button to proceed.
4. If you want to add family members as well under the policy, then select them and their age and click on ‘Continue’.
5. Enter your Email ID and your city. Then click on the ‘Submit and View Quotes’ button.
6. You will see many health insurance quotes for individuals on your screen. Choose the most suitable one out of them as per your budget and other requirements.
7. Select the policy term. Then enter the required details. Pay the premium online via any flexible mode of payment offered through a secured gateway.

At InsuranceDekho, health insurance plans for newborns can also be purchased offline. For this, the customer care executives need to be contacted.