Ways to Pay For Infertility Treatment

When a couple hears the devastating news that theyand they do not require you to max out your credit
are dealing with the inability to conceive unless therecards or get a second mortgage on your house. The
is medical intervention, one of the many thoughtsfirst thing you should do is talk to the billing
they will have is how to pay for the treatment.department of the fertility clinic that you have been
Infertility treatment can be as minor as medicatedto, or that your doctor has referred you to and find
cycles which assist the woman in developing andout what kind of payment options are available
releasing an ovum, or as complicated as IVF withthrough them.
ICSI. Medicated cycles can be as inexpensive as aSome fertility clinics offer low cost loans, reasonable
couple hundred dollars, plus doctor office visits, andpayment plans, and some offer what is known as
lab work, to the truly expensive IVF cycles with ICSIshared risk plans. A shared risk plan requires a couple
costing between $12,000 and $17,000 plusto commit to a series of IVF procedures, usually 3,
medications, and lab work. For most Americans thatfor a set price. If the first IVF procedure does not
is a lot of money to spend on a chance to gettake, the second is performed, and the same with
pregnant. However, if you find yourself faced withthe third. If the last IVF procedure does not result in
the expense of IVF, there are things you can do toa pregnancy, the couple gets a portion of their
afford this expensive medical procedure.money back. Because the first IVF procedure can be
The very first thing you need to do is read yoursuccessful, this can be a very expensive procedure,
health insurance policy and find out what proceduresusually costing about $26,000 to $30,000 dollars for
and medications are covered and to what extent.three possible procedures. A couple also has to
Sometimes the difference between having aqualify for the shared risk program, and could be
procedure or a test covered or denied is based solelydisqualified due to age or other factors that they
on how it was coded by the doctor's office andwon't know about until extensive medical tests have
nothing more. Talk to your doctor about how thingsbeen performed.
are coded, as well as your insurance company. Some,Another option is to budget for the procedure and
but not all, insurance companies have patientmedications that will be needed. Drastically cut back
advocates that you can talk to and find out what ison all non-necessary spending, and put every last
and is not covered. A few phone calls can save youpenny into a savings account so that you can walk
hundreds to thousands of dollars in out-of-pocketinto the fertility clinic, cash in hand, and not have to
expenses if you know what to expect and what isworry about your credit rating, interest rates, or the
covered before you have a procedure done.possibility of a shared risk being too successful.
A few states do require some form of infertilityBudgeting may seem like a crazy idea, but if you
coverage, but what is covered varies among thesewere to track your spending for just a week, you
states, and any employer that "self-insures" iscould probably find ways to save at least $50, and
exempt from the law. A self-insure health plan ispossibly a lot more. Yes, it would take a while to
when the employer operates their own insurance plansave up the money needed to pay cash for the
instead of purchasing it from an insurance company.treatments, but in the long run, you won't have the
You can easily find out if your employer's health planburden of a successful procedure as well as the
is self-insured by just asking or reading your plansmedical bills of giving birth and caring for a baby piling
benefits information. To see if your state hasup either. There are options out there, and you need
mandated infertility coverage, and if it does whatto do your homework and find out what is available
must be covered, visit Resolve's State Informationto you either through your health insurance, fertility
on Insurance Coverage atclinic, medication assistance through drug companies,
If you find that little or nothing is covered by youror just by saving every penny.
insurance, don't panic. There are options out there,