Fuck. When i was born, i had to spend some time in an incubator. My mom fell in a coma and woke up 1 month later. We were in the hospital the whole time.
Tons of exams for my mom …
This would have ruined my parents, if i would have been born in the USA, which almost happened.
At least your remaining deductible, perhaps up to your max-year-out-of-pocket pre-paid weeks in advance assuming you have insurance and they’re in-network. So… almost certainly above 5k.
As someone who pays max out of pocket every year I can say it was a bit over 24k last year but have not calculated this year. This is monthly cost of insurance for two people plus out of pocket. Its insane how much I have to bring home to stay above water.
Hospital isn’t where it ends.
I’m paying like 30 cents to 50 cents per diaper. Newborns can go thru like 8 of them a day, down to 3-4 once they are a few years old. Kids still wear them at night until sleep without peeing.
Average it out to 2 a day * 0.40 * 365 * 5 yrs
Or, 10 * 0.40 * 365
So around $1400 in diapers alone. Not including all the creams / wipes you need with that. Food. Medicine. Clothes. Toys. Sick days. Car seats. Strollers. Childcare for a thousand or two per month.
It’s all in what insurance, and the hospital ital costs are only the beginning
About 18 years ago we were pretty well covered: deductible wasn’t bad. But other people talked about first year supplies. You also have multiple doctor visits so even if it’s just deductible it starts adding up. Then we had an allergy thing where special food was $1,400/month - luckily we only had to pay a few months while arguing with insurance
Then we arrive at today. All those years of kid expenses made it tough to save, but now we have college expenses and the current administration is cutting financial aid
My insurance was billed, I want to say 27k…just for cesarean and two days post care, for my first kid in 2016.
Second kid was an induced vbac and only one day stay in a smaller hospital…I think that was closer to 16k.
However…our insurance fully covers maternal care…so I think it was just the 30k in annual premiums, between what I pay and what my employer pays…plus the 5k deductible.
Depends on your insurance. I had 2 C-sections, both qualified by my doctors as “medically necessary,” and good insurance, so everything was covered. Note: it was in the 1990s, insurers have become increasingly dickish about that “medically necessary” qualification.
Also note: It’s not the initial cost, it’s the maintenance. My now-adults are priceless, but it’s been a lot of money!
How much does it cost to even have a baby in a hospital? 🤔
My co-worker paid $39,000 two years ago. It was ~$25,000 for us ~14 years ago.
Fuck. When i was born, i had to spend some time in an incubator. My mom fell in a coma and woke up 1 month later. We were in the hospital the whole time.
Tons of exams for my mom …
This would have ruined my parents, if i would have been born in the USA, which almost happened.
That’s without insurance, right?
Yes.
And don’t forget the cost of caring for a kid is somewhere in the realm of $10k over the first year.
P.S. Always request an itemized bill from hospitals. Magically the amount owed will go down.
At least your remaining deductible, perhaps up to your max-year-out-of-pocket pre-paid weeks in advance assuming you have insurance and they’re in-network. So… almost certainly above 5k.
As someone who pays max out of pocket every year I can say it was a bit over 24k last year but have not calculated this year. This is monthly cost of insurance for two people plus out of pocket. Its insane how much I have to bring home to stay above water.
Hospital isn’t where it ends. I’m paying like 30 cents to 50 cents per diaper. Newborns can go thru like 8 of them a day, down to 3-4 once they are a few years old. Kids still wear them at night until sleep without peeing. Average it out to 2 a day * 0.40 * 365 * 5 yrs Or, 10 * 0.40 * 365 So around $1400 in diapers alone. Not including all the creams / wipes you need with that. Food. Medicine. Clothes. Toys. Sick days. Car seats. Strollers. Childcare for a thousand or two per month.
Give 50k and maybe you’d break even.
It’s all in what insurance, and the hospital ital costs are only the beginning
About 18 years ago we were pretty well covered: deductible wasn’t bad. But other people talked about first year supplies. You also have multiple doctor visits so even if it’s just deductible it starts adding up. Then we had an allergy thing where special food was $1,400/month - luckily we only had to pay a few months while arguing with insurance
Then we arrive at today. All those years of kid expenses made it tough to save, but now we have college expenses and the current administration is cutting financial aid
We need so much more than $5k to raise kids
My sister’s girl had a baby boy about 3 years ago.
$0
Phew. 🇨🇦
At least 10k with no complications, plus whatever income you lose from not working
Source
My insurance was billed, I want to say 27k…just for cesarean and two days post care, for my first kid in 2016.
Second kid was an induced vbac and only one day stay in a smaller hospital…I think that was closer to 16k.
However…our insurance fully covers maternal care…so I think it was just the 30k in annual premiums, between what I pay and what my employer pays…plus the 5k deductible.
We had twins, induced with epidural, with two days hospital stay, insurance was billed like 80k. We had to cover like 7k
Depends on your insurance. I had 2 C-sections, both qualified by my doctors as “medically necessary,” and good insurance, so everything was covered. Note: it was in the 1990s, insurers have become increasingly dickish about that “medically necessary” qualification.
Also note: It’s not the initial cost, it’s the maintenance. My now-adults are priceless, but it’s been a lot of money!