Expectant Fathers Insurance Options are Limited
November 3, 2010 3:03 am InsuranceInsurance options are limited for expectant fathers This affects life and health insurance.
Most people understand why a woman in Dallas is looking for insurance for pregnant women in Texas might be denied coverage, but few know or understand why her husband might also be denied coverage. She is carrying the child; he isn’t.
The reason why his choices might be limited as well is because most insurance policies guarantee coverage for the newly born offspring of an insured person. Allowing a parent to get a new policy could expose the insurance company to adverse selection.
Without this prohibition, an expectant father upon hearing that his unborn child might have a birth defect might rush out and get coverage for himself. This would allow him to add the baby on the policy when he or she is born.
The insurance companies believe that this is unfair to them. This is why coverage is limited for both parents when they are expecting.
