I know it's been said a lot on this board, but I just want to add that insurance companies SAY a lot of things. . . with DS #1, I specifically asked if they covered a breast pump, they specifically said "No, we do not." Well, they paid for 80% of the Pump In Style. HA!
When I called to ask about our homebirth coverage, I got a resounding "NO. And we will only pay 20% of an out-of-network provider." We were freaking out because there was no way to afford the $3500 homebirth. However, BCBS of MN paid 70% of the homebirth (all the prenatal and postnatal, and probably other stuff too) no questions asked. We probably could have squeezed more out of them, but we had an HSA account with a little left in it to cover the rest. If you have a health savings account/flex, you can use that for midwifery expenses.
The point of this is that it's possible that BCBS of MI could end up paying a significant part of the homebirth care---the problem is that you won't know until AFTER the birth happens, and after you've paid the midwife. We received checks to reimburse the cost of what we paid her, with the understanding that anything over the $3500 would also be signed over to her.
The money part is definitely the hardest thing for so many families. It makes me so sad that it's an obstacle for people who want to birth at home. I absolutely understand not wanting to go into debt to birth at home, but I also know that my homebirth was priceless. Ack, now I sound like a credit card commercial.