Health Savings Account (HSA): Useful for Women in Childbearing Years?

The Medical Savings Account (HSA) is an incredible tool that many people have been talking about. The intention is to help you save money on insurance and make your life simpler, maybe even help you be healthier. But if a family with a woman of childbearing age use an HSA? This is an excellent question! Obviously, a woman who is pregnant or may become pregnant needs to be very conscious of their health insurance situation. Nevermind Taking prenatal classes, having a hospital birth, cesareans are expensive, the potential complications. Health Savings Accounts linked with high deductible health insurance may work for the family who might be waiting. Here's how. A high-deductible policy means that a hospital birth, you are definitely going to pay the first $ 1,000, $ 2,500 or $ 5,000 (depending on the franchise), as the total cost will be the most. But after the deductible is met, the insurance will kick in and pay the remaining cost. However, it becomes more complicated th! an that. In order to take maternity covered by a policy, you must buy an additional "safe corridor" for motherhood. This rider comes with your insurance policy, not with the HSA. The pilot is very expensive, adding hundreds or thousands of dollars to your annual insurance cost. So if you are going to be used for delivery of a normal delivery at the hospital, you should purchase the additional maternity rider on your insurance policy. Remember that high-deductible policy with a maternity rider will still be significantly cheaper than low-deductible policy with the same broker. It still must use a high-deductible policy, just add the rider. But let me present another option for parents of luck. Have you considered a midwife in home delivery? Many parents resort to this option. Create a relationship with a midwife or nurse-midwife and consult with her throughout the pregnancy. You might find it is a safer and more comfortable to have a child that the hospital environ! ment. Just make sure you do your homework first. Finding a mid! wife who has good grades and excellent references. And check your state laws. Midwifery is illegal in several states, because the Health Boards are not seen taking business outside of hospitals. If you rely on a midwife, overall costs will drop considerably, but not be able to use the money from the HSA to pay for a midwife. Also note that the pilot of motherhood in your insurance policy will not help pay for midwifery services. Even with these drawbacks, you may find that their overall cost savings are so great that the midwife is not only safer, more comfortable option, but the least expensive. The Savings Account for Health, along with the full use of professionals in midwifery, health is the change in the United States forever. Be part of the future of medicine! HSAs are available today! Daryl Kulak is the author of "Health Insurance Off the Grid". The book offers a simple plan for self-employed or underinsured to reduce insurance costs with a single approach will not ! find anywhere else. The book is available for sale as an electronic book of pocket or website http://www.healthoffthegrid.com