For couples with limited insurance or none at all, the expenses related to delivering a baby are comparable to that of a new car. Or in extreme cases, that of a down payment on a house. Costs are so inconsistent that the ballpark estimate for prenatal care and delivery range from around $9,000 to more than $25,000, according to thebump.com. The total amount you can expect to pay depends on a variety of factors. These include the extent of your insurance coverage, where you live, whether your birth is high-risk, and whether you have a vaginal birth versus a cesarean section.
Because it’s nearly impossible to predict the costs of giving birth, many families don’t know how much to save. Fundraising for pregnancy costs can provide parents with a buffer in the event of pricey complications. It will set them up for a debt-free pregnancy. That way they can save for the long list other costs of raising a child.
The Grim Reality of Pregnancy Costs
- U.S. pregnancies are the most expensive in the world. A conventional delivery costs an average of $9,775, according to the International Federation of Health Plans. And yet U.S. rates
- Health insurance is no panacea. Many plans don’t even cover pregnancy-related expenses. And of those that do, patients are expected to take on around 10 percent of the cost, according to CDC statistics. However, if you’re insurance is through your employer, it could cover as little as 25 percent, and often extends only to the most basic care.
- Many hospitals charge for services in steps, tacking on excessive fees for amenities like extra monitoring, simple tests, an epidural or even diapers. The New York Times interviews one couple who agreed to submit to a fetal heart scan that their doctor recommended—a 30-minute test with an estimated cost of $265 that showed no problems—and were later billed $2,775.
The Power of the Crowd
Crowdfunding refers to online fundraising efforts in which a large group of people donate various amounts of money in support of a cause. If you’re looking to raise money for pregnancy costs, create a fundraiser. Then promote it on your social networks and collect donations from anyone who wants to help. Many future parents have turned to crowdfunding to raise money for their pregnancy-related expenses, often for cases in which a complication made the delivery especially costly. If you don’t have insurance or are experiencing a high-risk pregnancy, consider crowdfunding.
YouCaring Pregnancy Fundraisers
When Rob and Mindy Seay were informed that Mindy’s pregnancy was high-risk, they were faced with the horrible fear of miscarriage. They learned that their unborn child would likely suffer from multiple “complex and severe” heart defects. This would require professional care beyond that available in their home state of Alaska. Mindy traveled to Portland, Ore., to give birth, and she spent over a month there afterward while doctors monitored her newborn son’s progress. Though she delivered him successfully and is doing well, Lincoln needed emergency open heart surgery. Then having to undergo a variety of other procedures, his parents were left with a pile of bills. Then Mindy created a fundraiser on YouCaring. She’s raised more than $5,600 so far.
When Erica and Andrew Penrose headed to the doctor’s office for a routine 20-week ultrasound, they got some big surprises. Erica was carrying identical twins. Her second surprise was much bleaker. The twins suffered from a rare disease called “twin transfusion syndrome,” in which one receives more blood and nutrients thus the other struggles to grow. The couple started crowdfunding, realizing that the extraordinary conditions would require more care than they’d expected. Erica was in the hospital for the months leading up to the pregnancy. Sadly, one of the babies didn’t survive. During this difficult time, they received an outpouring of kind words and support, and they eventually raised $2,400. While the money can’t remedy the emotional toll of the miscarriage, it can at least relieve some of the financial pressure.
Many parents feel trapped in a system in which you can’t afford all of the tests and add-ons, and yet you can’t afford not to get them. All parents want the best for their child. When you can’t afford the best, you can rely on your community for help.
Ready to help supplement the expense of having a baby? Start a free YouCaring fundraiser now to help cover the cost of a pregnancy.