September 22 is a good day. It’s my oldest brother Matt’s birthday. It’s also the birthday of the fictitious hobbits, Frodo and Bilbo Baggins. It was also the day in 1825 on which Joseph Smith Jr. first saw the golden plates that would eventually be translated into the Book of Mormon. It was also on this day in 1862 that Abraham Lincoln issued the Emancipation Proclamation.
This year the date has special meaning for me. It is the date upon which Robin becomes eligible for pregnancy coverage under our two AFLAC policies! That means that from now on, my investment of premiums will now have a guaranteed return on investment. You see, I bought two supplemental insurance policies late last year to help cover the costs of our having a baby this year. The policies went into effect on November 22, but would not cover maternity hospitalization until 10 months after that. So in other words, if Robin gave birth yesterday, AFLAC would have no obligation to pay us anything under the contract. Since our baby has kindly waited to come until after September 22 (due date is October 3), we are now eligible to get up to $3,000 in benefits (cash paid directly to us after we submit a claim).
I’ve paid more than $1,000 into the policy over the past 10 months and have felt kind of like I was gambling since Robin got pregnant earlier than we had expected. We were kind of cutting it close so this morning I’m breathing a sigh of relief. We do have regular insurance, but they pay only 80% of the costs after a $600 family deductible is met. So I’m thinking this baby is going to cost me at least $2,000 in out-of-pocket expenses, more if there are complications, etc. So the money from AFLAC will be very helpful, especially since they will write a check directly to us once we submit a claim. I’ve heard good things about AFLAC’s claims payment, so hopefully everything will go well. My insurance-selling father would have been proud!
Now that that issue is behind us, I’m really stoked to get this baby here! Just 10 more days until the due date. I can hardly wait.