Maternity Insurance

maternity insurance

By Nalika Unantenne | This article was first published by the Asianparent on 29 December 2015.


It's oh-so-important to be financially prepared when you are expecting a baby. Find out in this article how you can plan for both expected and unexpected costs.

The moment you see those two blue lines on a pregnancy test, you start planning the next nine months of your life and beyond - even if you are the most disorganised person you know!

So, you book your first visit to the gynaecologist, you spend hours online researching the best baby products, and you talk to your mummy friends about their experiences and store in your memory bank the most useful tips. You research the best hospitals to give birth at.

In your quest to make your little one's grand entrance to the world as smooth as possible, there is one thought that may cross your mind: pregnancy, birth and beyond, is quite expensive. How do you go about making sure the financial costs are under your control?

Of course, you will spare no expense when it comes to your little one's health, wellbeing and happiness. However, it still makes sense to be thoroughly organised in the financial department of your life too as you go through your pregnancy and birth journey, so that you can continue looking after your little one in the best way possible.

Planned expenses during pregnancy and birth

When you are expecting a baby, there are some expenses that are quite easy to plan for financially, such as the following:

Baby items and accessories

What should you get first? Those impossibly tiny baby socks or that gorgeous little hat? What about that sleek (but very expensive) stroller? Or that state-of-the-art cot? As a mum-to-be, it's so tempting to buy loads of baby accessories and items -- but it's best (for your wallet!) to restrain yourself.

Your baby will grow quickly in the first year so instead of buying 10 adorable size 0000 onesies, consider buying several different sizes. Also keep in mind that expensive doesn't necessarily equate to effective. So that cheap plastic high chair just might do a better job than that very expensive wooden masterpiece!

Prenatal check-ups

Prenatal visits are very important throughout your pregnancy as they assist in monitoring both you and your baby's health. These visits also give you the chance to discuss any concerns you may have with your doctor.

During the course of your pregnancy, you can expect to have at least 10 or more prenatal visits. The cost of these can vary from around $400 at a public hospital (for all 10 visits), to approximately $150 per session at a private hospital, according to financial experts.

Whether you choose to go public or private, the expenses of some of the screenings and tests can be subsidised via CPF. Medisave can also help you save more prenatal care expenses.

Hospital costs

Choosing the hospital you want to give birth at is an important decision for many mums-to-be. Experts say that "the amount of money spent will depend on what type of practitioner you have chosen and whether they operate privately or publicly." Usually, private hospitals will be more costly than public hospitals.

Once you choose your hospital, there are other financial considerations, such as the cost of the delivery room, birthing assistance such as having a hospital-provided specialist midwife (e.g. The Enhanced Midwifery Maternity Care Programme, or EMMa Care, at NUH) or requesting for a water birth etc.

For a vaginal birth, the cost of a room could be between $2,000 to $3,000. It will definitely go higher if you need a Caesarian Section due to pre- and post-operative care.

As you can see, with a bit of thought, it's quite easy to manage your finances in relation to planned expenses around pregnancy and birth.

Dealing with unexpected expenses during pregnancy and birth

Yes, pregnancy is an exciting time like no other. But at the same time, it can also be stressful.

Pregnant mums often worry about their unborn baby's health and development. More often than not, their worries are unjustified. And even if there is a health issue, it is often picked up by a scan and can usually be treated accordingly.

But sometimes, even scans don't pick up problems. And unfortunately, pregnancy and birth complications may occur for some. While we hope such complications never happen, it's always best to be prepared -- and one of the biggest factors to consider in the incidence of pregnancy and birth complications is cost.

Treating many of these conditions can be very expensive. Yet effective treatment can not only save lives, but also significantly improve the outcome of certain congenital birth conditions, such as a cleft palate or cleft lip.

So how do you tackle the unplanned expenses that will be the result of such problems? With MaxMaternity Care (MMC), a maternity insurance plan distributed by OCBC Bank, of course.

MaxMaternity Care embraces your wellbeing and that of your little one right from the start, thus reducing the financial stress on the family should the situation arise. Without doubt, this brings you peace of mind in difficult times.

Here's how it works

MaxMaternity Care protects both you and your child from as early as 13 weeks into your pregnancy.

1. Care for Mum

  • MMC protects you from eight types of pregnancy complications including fatty liver of pregnancy, postpartum haemorrhage requiring hysterectomy, preeclampsia or eclampsia, and stillbirth (after 28 weeks of gestation).
  • You will be paid a lump sum benefit in the event of a pregnancy complication.
  • You will also receive hospital cash for up to 30 days in the event of hospitalisation due to the eight pregnancy complications.


  • Pregnancy as a result of In-Vitro Fertilisation (IVF) is not covered.
  • Cover is provided for all your children from birth till end of policy year 3.
  • Supreme Health is a medisave-approved Integrated Shield Plan by The Great Eastern Life Assurance Company Limited. For your child to continue the Supreme Health plan, you need to pay the yearly premium.
  • Supreme Health starts as early as 15 days after birth or discharge from hospital whichever is later.
  • Total Health is an add-on to Supreme Health to cover your hospital deductible and co-insurance cost.
  • Premium voucher is valid for 12 months from the effective date of cover.
1 Subject to underwriting

2. Care for Baby

MMC also protects your child against 18 congenital illnesses upon birth. These conditions include Down's Syndrome, Spina Bifida, cleft palate/cleft lip, and congenital deafness.

In addition, you enjoy the following:

  • You only need to pay a one-time premium to enjoy protection with MaxMaternity Care.
  • You can choose the level of coverage to suit your needs and those of your child.

Lending a helping hand beyond your pregnancy

Besides helping you deal with hospital costs for your pregnancy and covering your child against 18 congenital illnesses, MaxMaternity Care plan also gives new parents a further helping hand.

When you sign up for OCBC's MaxMaternity Care plan, you will receive a double bonus of $216.

  • $108 cash reward that will be credited into the Child Development Account.
  • $108 voucher which can be used towards the first year premium of your child's Supreme Health or Total Health plans, both Medisave-approved Integrated Shield Plans by The Great Eastern Life Assurance Company Limited (subject to underwriting).

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