Financing Options For Infertility And Ivf Treatment

By Author: David Lee
Total Articles: 2
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Have you heard that IVF treatments are expensive? Are you worried that the cost of fertility treatments will hinder your chances of becoming a parent? Rather than succumbing to fear, you can transform your financial worry into an opportunity to educate yourself about various infertility financing options. Modern medical innovations, and the high demand for IVF treatments, are making it more affordable for couples to seek infertility treatments that were previously unavailable. It may be much easier than you think!

Here is some of the most popular fertility treatment financing options:

Self-Financing. You may be surprised that infertility financing is as easy as setting a budget for the next year or so and making a savings plan. There is a good chance that with a little help from your health insurance company, combined with the money you save, you will be able to afford IVF treatments without going into debt. You can also look for creative options, like 0% interest introductory credit card offers. By charging the balance of your IVF treatment, and making regular payments through the introductory 0% interest period, ...
... you can have your debt paid off without paying an extra penny.

Health Insurance. Have you checked with your health insurance carrier recently? Currently, fifteen states require health insurance companies to pay for all, or a portion, of certain fertility treatments. Make sure you know all the facts regarding your policy. If you are doing preliminary research regarding IVF treatment, it may be worth shopping around to find out which insurance policies have the best coverage. Even if the IVF cycles aren't covered, your health insurance may pay for a portion of the various tests, treatments, and other procedures required as a part of your fertility treatment.

IVF Clinic Financing. Most clinics do not offer their own fertility financing options but they usually work with third-party credit agencies that can evaluate your situation and offer you a credit line. For example, Premier IVF uses Springstone Patient Financing in order to help families make manageable payments. Qualifying patients can get fixed-interest rates for as low as 3.99%, with repayment terms of up to 84 months. That gives you up to seven years of reasonable monthly payments, with very little interest. You can use online calculators to determine your potential payments, and conveniently apply online, without the hassle of loan paperwork.

Refund Programs. Don't forget to ask prospective IVF clinics if they offer any type of refund program. While some women are fortunate enough to conceive and give birth using only one IVF cycle, most require multiple IVF cycles before they're successful. Many clinics offer some type of discount and/or refund program in order to make the cycles more cost effective for couples. If you are a qualifying candidate, and commit yourself to a multiple cycle refund program up to three cycles, you get the benefit of reduced cycle fees. If the full IVF cycles do not result in a live birth, you receive a 100% refund of the program fee. Also, if the doctor releases you from the program, you will also receive a 100% refund of your program fee. Programs like this help to make infertility financing options more manageable for individuals and couples.

If you are still worried about fertility financing options, please contact us at Premier IVF. We work here because we are passionate about transforming couples and individuals into families. We will do everything we can to assist you in demystifying your infertility financing options, and to help you experience the joy of pregnancy and birth.