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.
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
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!
Don’t fall for it. Kids cost way more than that.
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.
That’s without insurance, right?
Yes.
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.
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.
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
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
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!
But I can get my 80” LED TV now!!!