Post # 1
DH and I have a unique situation:
-Both full-time students covered under our parents Federal Wellmark Blue Cross Blue Shield Insurance
-Baby is due August 5th, 2012 and CANNOT be added to either of our policies per the company
-DH cannot get his own policy because he is an “expectant father” and will not be able to apply for one until after the baby is born.
-We are not eligible for federal/state programs because we “make too much money” (we sold a house we had lived in for less than two years for a 40k profit last year, which has taken us out of qualifying income brackets).
We’ve met with several insurance agents and they are all stumped. We really don’t know what to do or where to even start!
My major questions:
What kind of coverage did you get your child and do you wish you had more/less?
How much out of pocket did you spend during that first year on uncovered medical expenses?
Do you have any suggestions/resources on where to find child healthcare or what the best coverage (deductible/low co-pay/low monthly payment) for a newborn is??
Post # 3
@CEtoSAHM: weird, we have a similiat situation. Basically I am covered by parents because I am under 26…also BCBS. Can’t add hubby or baby to that.Then, DH’s dad is a physician and treats DH for free and DH (knock on wood) is very healthy as it is so even though he is 31yrs old, he doesn’t have insurance and either way couldnt get it through work because he’s a business owner. Basically need to find an insurance that works for both baby and DH.
In your case, can’t you buy baby seperate insurance and a 2nd insurance for one of you? I mean its ricey but people have double insurances all the time for SO MANY different reasons. Also, do you think that maybe BCBS will offer you insurance at a lower rate for baby because both you & DH comes from BCBS families? Have you tried going straight to the BCBS offices?
I am wondering what answers youll get to this! It’s a tough situation because it can get VERY pricey.
Post # 4
@TurtleDoves: Thanks for the information! I had asked at several insurance agencies for “child only” policies, but they wouldn’t cover the baby until after she had a social security number (about a month after birth). I did find a small blurb on the BCBS website about child only policies and talked to them today. In my state (Iowa), they have a window of opportunity (from June 1-August 15), that lets you add your baby on its own policy. The amounts I got quoted were for $45-145 per month. The insurance will be retroactive to the day she is discharged from the hospital. So fingers crossed she’s a normal, healthy baby :/
The second policy was a great idea too– we priced it out and for DH to get a second good policy it was about $200 per month.
The whole situation makes me nervous, too many “what-ifs” :/ Thanks for the advice!!