Medical care for newborn babies is usually immediately covered by a parent’s health insurance. This may not be the case for international parents or certain other situations. Paramount has options for parents to insure the cost of a newborn’s medical care.
Great Morning
This company is backed by global leader AIG and offers up to 5 plan options with coverage limits up to $1.5 million. Available in most every country, a policy should be considered for all intended parents whose health insurance may not extend to their child’s place of birth. Coverage is available for twins.
Lloyd’s of London
International Newborn Care is specifically for international intended parents needing coverage for a baby born in the United States. Medical expenses are covered for 90 days after the baby’s birth. A contingent policy is available offering peace of mind when primary coverage is uncertain. This works well for international intended parents as well as those in the United States who have concerns how their coverage extends to a baby born out of their home state.