As with all catastrophic claim categories, congenital birth defects can greatly impact costs for self-funded employers. To demonstrate the impact congenital birth defects can have on medical costs and to offer options for managing outcomes, HM Insurance Group (HM) has created an infographic that addresses the importance of awareness, education and preventive measures in improving the odds a child could be born healthy or experience a better long-term prognosis with early intervention.
Many birth defects happen very early in pregnancy – before a woman even knows she’s pregnant – so it’s important to provide employees with wellness programs and information that addresses pre-pregnancy planning, as well as maternal wellness and pregnancy resources that may help to improve the chances of having healthy babies. And because these types of high claims are so unpredictable, it is important to have the right Stop Loss coverage in place to protect against financial loss.
If you’d like to learn more about congenital birth defects and tips for prevention, view the infographic: Congenital Birth Defects: Managing the Unpredictable.