Health Insurance And You: What Obamacare Means For Maternity Coverage

In fact, in most news reports, women are called the big winners of Obamacare thanks to all the preventative services that will now be covered under the new plan, such as annual well-woman visits, mammograms, lactation support, counseling and testing. But what does Obamacare mean for maternity coverage?

Obamacare and Maternity Coverage

It is estimated that 8.7 million women will be able to obtain maternity coverage and newborn care under the new law. Already, women have seen the complete disappearance of co-pays on most methods of birth control—considered a welcome financial respite by most women and a certain, government intrusion by religiously-affiliated groups.

In 2014, Obamacare will require all new health plans to cover maternity care. Just recently, only 12 percent of plans in the individual health insurance markets offered maternity coverage. And more shockingly, 90% of these plans also charged women a premium simply for being women, according to research conducted by the National Women’s Law Center. This premium in gender disparity, up to 30% more in some cases, was estimated to cost women approximately $1 billion a year. No chump change.

And lest you think this was due to maternity coverage, only 3% of these plans included maternity services.

The new law is expected to cover all services regarding maternity coverage and newborn care, along with vision and dental care for children. Most importantly, when the law goes into effect in 2014, health plans will no longer be able to deny coverage for a pre-existing conditions, and that includes pregnancy.

And post-birth coverage includes mandating companies with more than 50 employees to provide a private room—not a bathroom stall or a car—for mothers to breastfeed.  Will this encourage employers to look at hiring less women of child bearing age, maybe so?

Maternity Coverage: At what cost?

The new health coverage seems wonderful. All maternity services covered? Having to worry about how you’re going to afford to raise a child is enough without adding in how you’re going to be able to afford to pay for maternity services. Why would anyone feel that women don’t deserve the right to affordable maternity coverage? It’s not like women get pregnant by themselves.

But is the Affordable Care Act too good to be true? We already know that it is expected to help more than 50 million uninsured Americans by offering affordable health coverage, but the question remains: At what cost?

Or is there even a tangible cost that can be associated with helping out our fellow Americans and insuring their well-being?

The answer remains to be seen.

Join our newsletter

If you like Critical Financial, subscribe and get our latest content via email.

Powered by ConvertKit

Share this post:

Recent Posts

Leave a Comment

*

May the 4th Be with You: Star Wars Swag on Amazon

May the 4th Be With You: Star Wars Day Swag

It began as the punniest holiday ever but quickly grew into an earnest (if somewhat random) celebration of the long-running (and still... more →
People count the money to buy a house in future success.

Avoiding Mortgage Scams: Don’t Fall for Unreasonable Promises

If it sounds too good to be true, it probably is. That’s sound advice for almost all aspects of life, including the search for... more →
Eat for free for a whole month via the meal kit companies discounts for new customers.

How To Get a Month of Free Food: 9 Meal Kit Companies Offering Discounts to New Customers

Play your cards right and you might be able to line up a month’s worth of free meals if you were to try out all nine of the meal... more →
Generate extra cashflow -- here are 97 ways.

96 Awesome Ways to Generate Extra Cashflow

Who doesn’t want more money nowadays? We’ve got you covered on that front. Here comes a long list of different ideas on... more →
Valentine's Day gifts that won't destroy your budget

Valentine’s Day Crafts Are Romantic Rescue from Crazy Inflation

Fall for the hype this week and you’re out an average of $143.56 for Valentine’s Day. Crafts and other do-it-yourself tactics... more →

Ultimate Guide to Bitcoin — FREE Ebook!

Have we got something for you: a free ebook about bitcoin! more →
Get a flu vaccine.

Why You Need To Get a Flu Vaccine Right Now

Flu vaccines aren’t just for the elderly  anymore. Here are 25 reasons you should go get vaccinated. more →
Financially successful

Acquire the Trait All Financially Successful People Have

Financially successful people tend to all have a lot of self-discipline. Improving your discipline in one area of your life often spills... more →

What’s the Best Free Recipe App?

The Apple Store and Google Play together offer more digital cookbooks than you probably have room for on your mobile device. So which... more →
New tax law might slow down housing market.

What Will the New Tax Law Do to the Housing Market?

The new tax law will have a profound impact on the housing market, although in ways that go beyond the deductibility of mortgage interest... more →

4 in 5 Households Will Get a Tax Cut in 2018

Four out of five U.S. households will get a tax cut as a result of the legislation that President Donald Trump signed into law today. more →
Will bitcoin reach $100,000?

When Will Bitcoin Reach $100,000?

Bitcoin has accelerated its pace of appreciation in recent months, and if the current levels between $15,000 and $19,000 make you itch... more →
The Dow Jones topped 24,000 -- now what?

The Dow Jones Crossed the 24,000 Threshold. Now What?

Stocks appear to be increasing in volatility, yet the markets closed on Monday, December 4 with the Dow Jones Industrial Average is... more →
Peer mortgage

Should You Get a Peer-to-Peer Mortgage?

If you can’t get approved for a home loan from a bank, you might want to look into applying for a peer-to-peer mortgage. more →
Investment gifting is awesome.

4 Things To Know Before You Donate an Investment

While donations of any kind are appreciated, gifting investments benefits both the giver and the receiver. Here are four key things... more →
Are you wondering: What's the Relationship Between the Stock Market and Federal Debt?

What’s the Relationship Between the Stock Market and Federal Debt?

Wouldn’t it be wonderful if gains in the stock market could actually reduce U.S. government indebtedness? If that were true,... more →
employee tips, job advice, career tips

How to Be the Highest Paid Employee in Your Organization

I’m 25. Although that seems like a very young age, I still have amassed quite a lot of work experience. My parents are self-employed... more →