Myth #1: Insurance covers everything
Truth: No matter what you might think, the truth is that insurance does not cover everything!
Each plan has at least 2 pages of exclusions. Some of those exclusions are fairly narrow and exclude a specific procedure. However, several of the exclusions are incredibly broad. For example, anything that an insurance company deems investigational or experimental is not covered. From my experience, it seems like it takes about 7 years of evidence before they deem something to not be considered experimental.
There are also a slew of other random exclusions that vary so much from plan to plan and insurance carrier to insurance carrier that you have to closely read your plan to know about all of them. Anything considered education is not covered. Often speech, occupational, and physical therapy are not covered for special needs children. Certain medications aren’t covered. Infertility treatments may not be covered. Nursing care for more than 100 days is generally not covered. And the list goes on and on!