*Editor’s note: This information was published in the December 2020 issue of Heartfelt Magazine, CHM’s monthly magazine that provides CHM membership-related tips and tricks, medical advice from doctors, testimonies from CHM members, and more. Please refer to the CHM Guidelines and applicable web pages for the most up-to-date information regarding CHM membership, sharing eligibility, and ministry news.*
By Charity Beall, CHM Chief Financial Officer (CFO) & Treasurer
CHM is honored to offer a generous maternity program for Gold-level members. In 2019, CHM members shared over $85 million to financially support the birth of 5,852 babies; this amount is expected to grow to almost $110 million in 2020.
Your membership gifts support you and your fellow members — including those with young families. We’re grateful to play an instrumental part in the growing of God’s family.
Since the cost to bring a baby into this world averages $15,000, here are some tips for saving money on your maternity bills:
- Ask your doctor for package rates for maternity care, or a “global fee,” which includes the care you receive for your nine months of pregnancy through the birth of your child. A good global fee price range is $2,000 to $3,000.
- Consider having lab work and ultrasounds done at an independent location rather than through your doctor’s office. Lab work and ultrasounds are usually billed separately from the “global fee” and can vary by as much as $1,000, depending on the location. Call first to inquire about pricing. If you find better pricing at an independent location, ask your doctor for a prescription for the applicable service.
- If you’re considering a midwife, also consider using a birthing center instead of a hospital. Though midwives generally charge a similar rate as doctors for “global fees” at $2,000 to $3,000, using a birthing center can cut costs by up to 50 percent over a hospital.
- A good price range for a birthing center is $3,500 to $7,500.
- A good price range for a hospital package rate negotiated before the birth is $5,000 to $7,500.
- Additional costs and their acceptable price ranges:
- Anesthesia: $750 to $1,250
- Circumcision: $300 to $500
- Tongue Tie/Lip Tie: $400 to $500
A good price range reflects a favorable rate that isn’t overpriced. Prices for medical care can differ significantly based on a variety of factors. My goal as CFO is to empower you with information as we work together to faithfully steward CHM’s finances. It’s a privilege to partner with you to honor God through the sharing of maternity medical bills.
“Children are a heritage from the Lord, offspring a reward from him.” –Psalm 127:3 (NIV)