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So is that the normal case? The median birth results in the parents paying $3000? That still seems absurd. Do most people just decide to do it at home and take
by jstanley 8y ago
So is that the normal case? The median birth results in the parents paying $3000? That still seems absurd.
Do most people just decide to do it at home and take the risk?
- dagw 8y agoPeople save up for having a kid the way they save up for anything else expensive. Also most hospitals are 'kind' enough to allow you to set up a payment plan so you can pay it off over a few years.
- chrisco255 8y agoNo, normal case is your or your husband's insurance pays for it Deductibles can vary wildly depending on someone's insurance plan. However, there are a myriad of financing options, charities, etc if for some reason you can't afford that.
- lotsofpulp 8y agohttps://www.parents.com/pregnancy/considering-baby/financing-family/what-to-expect-hospital-birth-costs/ https://www.parents.com/pregnancy/considering-baby/financing... https://www.bloomberg.com/news/features/2018-06-26/sky-high-deductibles-broke-the-u-s-health-insurance-system https://www.bloomberg.com/news/features/2018-06-26/sky-high-... I would estimate the vast majority of people in the US need to budget at least $5k for a baby, if everything goes right. It would be better to have $10k cash though depending on prenatal visits, c section possibility, and multitude of other costs that can arise.