It is a well-known fact that healthcare is expensive, especially in the USA. However, this is one of the few industries where the adage: “you get what you pay for” does not apply. Obtaining more expensive medical services generally does not determine the quality of the services that you obtain. Raising a child is incredibly expensive, on top of the initial large expense of giving birth in a hospital. In many cases, expecting mothers want to save money wherever they can to offset the new expenses of raising a child. A midwife service can save a great deal of money, especially when the mother-to-be is uninsured.
Hospitals are the most common place for women to give birth. However, hospitals also come with excessive expenses, especially for the uninsured. There are many possible reasons for this. When you give birth in a hospital, you are unlikely to have control over which services you do and don’t want. This compounds the total expenses, which are often why you receive many “free” things from the hospital. You’ve already paid for them. Additionally, hospitals are often hit with medical malpractice lawsuits, which can result in increased expenses in order to offset these costs.
The total cost of giving birth in a hospital will fluctuate between regions. It will also depend on the services that are required throughout the birthing process. The type of birth given can have the most dramatic impact on the total expense. For example, hospital expenses tend to average about $15,000 for a vaginal birth and roughly $30,000 for a cesarean section. Again, this fluctuates widely based on the specific hospital and location. Prices for giving birth are generally much higher in the United States than in other countries, though the quality of service doesn’t necessarily change despite the costs. It is also important to keep in mind that this only includes the expense of birth and labor.
Midwife fees also fluctuate based on the specific midwife and the region, but they are generally around 1/3 the cost of a hospital birth. These are incredibly significant savings. Additionally, the fees often include the whole gamut of services: prenatal visits, labor, and birth, as well as postpartum care. Midwife fees average between $2,000 and $4,000, though this will also fluctuate on the necessary services. Hiring a midwife for your birthing services can go a long way toward minimizing your overall medical expenses. This can allow you to repurpose those savings toward other things, which can help with the expenses that are consistent with raising a child.
Medical insurance can help to minimize the expenses of giving birth, but they rarely cover the total amount. Between high-deductibles and co-pays, giving birth at a hospital can cost you a large amount of money. One of the problems with medical insurance is that most insurance companies will pay roughly $10,000 for a vaginal birth and $15,000 for a c-section, though this will also fluctuate between insurance providers. When compared to the average hospital prices, an insurance provider generally won’t cover the complete amount of giving birth. The difference only becomes greater as the medical services become more expensive, which means that potential birth complications can put you into an incredibly difficult position.
It is important to check with your insurance provider to determine your coverage when you decide on the ideal method for your birth plan. When all of these expenses are taken into consideration, obtaining the services of a midwife can save money even for individuals with insurance. Thorough research is necessary to determine the best route to take when it comes to your finances and giving birth. It is also important to make a thorough plan in place in the event that you have to be transferred to a hospital. This can help to ensure that you will be transferred to a hospital that accepts your insurance, which can save you a significant amount of money down the line.
Will Insurance Cover your Midwife Fees?
Whether or not insurance will cover your midwife fees will depend primarily on your insurance provider, as well as the midwife you obtain your birth-related services from. Here at My Family Birth Center, we accept insurance from many different providers. This can help you to obtain high-quality services at minimal expenses. Additionally, we offer free Definitive Early Blood Tests for insured patients.
How to Minimize your Birth-Related Expenses
There are a few ways to minimize your birth-related expenses. Whether you choose to give birth in a hospital, at home, or in a birthing center, hiring a doula can minimize your expenses. Though this may seem counter-productive, as hiring the services of a doula costs money, studies have shown that the services of a doula can significantly minimize the risk of requiring a c-section, which will save far more money than a doula will cost. You should also do thorough research to compare prices and ensure that you have a thorough understanding of what your insurance covers.
Benefits of Midwife Services
There are many benefits to obtaining the services of a midwife beyond the financial benefits. Midwife services are less likely to require medical intervention and can result in far healthier babies. In addition, a midwife service often includes comprehensive treatment that can provide an array of benefits throughout the process of having a child. This includes prenatal care to ensure that the mom and baby remain healthy and prepared, as well as postpartum care to help the baby get the best start to life.
When it comes down to it, the numbers don’t lie. Obtaining a midwife service can significantly minimize your expenses, along with all of the other benefits that they can provide. Not only can they reduce your costs, but they can improve the health and wellness of both the mother and the baby. To learn more about how a midwife service can save you money, contact us at My Family Birth Center today!