Question

Wait, You’re Pregnant?

Having a baby can be a very expensive venture. Assume the following scenario and complete the assignment: You, your girl/boyfriend, spouse, or significant other is pregnant. You are to determine the costs for pregnancy through the first year of life. Assume a normal 9 month pregnancy, delivery and hospital stay. Listed below are some major areas to consider. Under each area be very specific as to what you and your baby’s needs might be. You can choose to call the appropriate places, visit stores or websites, or use catalogs to determine what the costs will be. You must include your sources for this assignment.

Major Areas:

Prenatal care- Costs without insurance,

Hospital charges- Costs without insurance,

Pediatrician charges- Costs without insurance,

Furnishing the nursery,

Food costs- Calculate per day, per week, per month, and per year. Include formula, baby cereal, and baby food.

Diaper costs- Cloth versus disposable,

Baby clothes costs- Be realistic and remember an infant GROWS!,

Child care costs- Assume you will be going back to school or getting a job (family will NOT baby-sit).

Other essential items- Anything else you see as necessary!

Estimate total cost for the entire year!

Answer 1

Prenatal care - $ 2000 (includes prenatal vitamin)

Hospital expenses including hospital stay - $30,000 vaginal delivery and $50,000 caesarean delivery

Pediatrician charges - $670 in a year

Immunization - $620 in first year of life

Nursery furnishing -$6000

Food cost - $110/month approx = $1320 in first year

Diaper cost - $ 550 in one year of life. Baby uses average of 2700 diaper in first year of life

Baby clothes - $60/month = $720 in a year

Child care cost- $1230/month = $14760 in a year

Crib - $200

Total estimated cost for 1st year of life and 9 months of pregnancy =$26840 + type of delivery cost ( c-section /vaginal )

C-section = $26840+$50000= $76840

Vaginal =$26840+$30000= $56840