Please DO NOT DELETE this page.

Blog //
  • Wellbeing

How to save when you’re expecting

12 March, 2015
Save when you're expecting

Having a baby can be an exciting time in your life, but it’s important that you know the costs involved. Whether you have health insurance or not, the cost of prenatal care and check-ups, the delivery, and caring for your baby after birth can be very expensive - and then you still have to add on the costs of all the things you need for your new child.

So here are some tips to help you reduce the costs of having a baby:

  1. Consider generic medicines
    Talk to your obstetrician/gynaecologist when they prescribe new medications to you about the available generic medications, and if they are a viable alternative in your case.

    Over the counter prenatal vitamins and supplements can also be a viable alternative to prescription supplements if cleared by your doctor, as generally it’s just important for them to contain the recommended doses of folic acid and DHA.
  2. Get maternity clothes at discount stores for free
    Consider borrowing maternity clothes from your friends who have had kids already, or organise a clothes swap with your friends where they each bring 3-5 items of maternity clothes they don’t want or need any more in exchange for clothes that you no longer fit into. If you need to buy new (but still want cheap) clothes, consider shopping at discount retailers such as Target and Kmart.

    Saving for my baby
  3. Choose cloth nappies over disposables
    Although disposable nappies will be more convenient for keeping your baby clean, they cost a lot more than cloth nappies. If disposables are the only feasible option for you, then try and buy them in bulk to make them more economical in cost.

    If you are able to handle cloth nappies, this is both an economical and environmentally-friendly option.
  4. Choose breastfeeding over formula if possible
    Breastfeeding can save new parents a lot more money than if you use baby formula, and it is also the recommended form of feeding by the World Health Organisation and the Australian Breastfeeding Association. However, for some mums and babies breastfeeding isn’t an option. If you fall in the latter category, you can visit the websites of baby formula makers and see if they have any coupons, free samples or discounts available to save some money.
  5. Have your health insurance provider pay for costs where eligible
    Baby scan
    You can do this by choosing a contracted hospital. 

    CBHS provides their members with benefits towards a wide range of prenatal, antenatal and postnatal costs, and give their members a two month period after the birth during which their child needs to be added to their health insurance policy for all waiting periods to be waived and medical bills to be covered if necessary.

    It is recommended that you contact your private health insurance provider to find out exactly what you’ll be expected to pay according to your policy’s benefits, such as whether you’ll have a gap to pay or if the cost will be considered an out-of-pocket expense.
  6. Check your bill
    There may be errors on your hospital bill, such as being charged twice for a procedure or for procedures and medications that you didn’t receive. These could lead to a large out-of-pocket expense and a big hassle to clear up. You can get these fixed by talking directly to your hospital.
  7. Check if you’re eligible for government benefits
    These include Parental Leave Pay, Family Tax Benefit and Dad and Partner Pay. Also, depending on how much you earn and your assets, you could be eligible for other benefits such as Parenting Payment and a Health Care Card. There are other payments for families that you may also be entitled to, which you can check out at the Department of Human Services website.
  8. Consider your childcare options
    If you or your partner will be returning to work straight after or some time following the birth, you’ll need to think about who’s going to take care of your baby and what will be the cheapest, most convenient option. Your options include:
  • Your partner
  • Relatives or friends
  • A childcare centre or family daycare
  • A workplace childcare centre
  • A nanny/au pair.

You can also check if you’re eligible for the Child Care Benefit or Rebate, which can contribute towards the cost of childcare.


Suggested Articles

  • An image of nutrient-rich vegetarian Mexican bow

    Mexican in a bowl

    If you can’t go out for Mexican, make it at home! This nutrient-rich vegetarian Mexican bowl is a quick and easy dinner.
    • Nutrition
    19 May 2020
  • Private Hospital Benefits at Healthscope Group Hospitals

    Private Hospital Benefits at Healthscope Group Hospitals

    CBHS has agreements with over 500 private hospitals across Australia including the Healthscope Group of Hospitals (Healthscope).
    • Membership
    18 May 2020
  • 2003_COVID19_Blog-08

    Financial assistance to members who hold Extras cover

    Here is what we are doing to support our members from both a health and financial perspective through the COVID-19 pandemic.
    • News
    • Membership
    6 May 2020
  • 2003_COVID19_Blog-08

    CBHS COVID-19 Health and Financial Assistance Program

    Here is what we are doing to support our members from both a health and financial perspective through the COVID-19 pandemic.
    • News
    • Membership
    27 April 2020

What Our Members Think

I joined as a CBHS member in 1978. Through many health events and challenges CBHS has always been there for me and my family. Their exceptional service over this time has always been appreciated.

- Jenny J

What Our Members Think

I've not long joined CBHS from another fund, but so far I've been impressed by the super helpful and friendly staff, the higher claim limits and rebates at a very competitive premium, and how easy it is to lodge manual claims through the app. Thanks CBHS - you've won me over! 😃

- Jessica B

What Our Members Think

What I love about CBHS is their customer service - friendly staff and always ready to help and email you the information you ask about. Keep up the great work!!!

- Linda S

What Our Members Think

I love CBHS as its so so easy to lodge a claim and whenever i need a question answered friendly consultant is one phone call away. The phone back option instead of waiting is brilliant!

- Rachel N

What Our Members Think

I have been with CBHS since I began at CBA 15 years ago...Now I have three beautiful children, one who has a disability. Our top extras cover has been really essential for his early intervention. I do love the ease of claiming online.

- Annette E

What Our Members Think

I am relatively new to CBHS and am loving it already. I worked for a CBA subsidiary a long time ago but was still eligible to join. So much better that the for-profit funds - our premium is only a little more and we pay a lower co-contribution and get great benefits. I am loving the massage rebate for my partner and gym rebate for me!

- David G

What Our Members Think

I'm extremely happy with CBHS! I have been a customer for about six years. I think the price is reasonable. And i would refer you to my family and friends any day. Thank you CBHS!!!

- Karen W

What Our Members Think

Love CBHS as I never have to doubt that they've got my back when I need it. Been through other insurers who have limited options or limits, yet cost the same or more.

- Mark F