Infertility Insurance Coverage

Did you know that there is supplemental infertility insurance coverage for couples to allow for fertility treatments needed without going bankrupt?  It is actually affordable.

Infertility means that the dream of becoming parents has to be put on hold until other options are found to help eliminate the problem. There are many options available these days for the infertile couple. Unfortunately though the cost of most treatments are great and this is a huge stumbling block for many.

Fertility Treatments are Not Cheap

There are several different fertility treatments available to couples but the costs are very expensive. While IFV is a very good option, it’s not inexpensive. In fact one treatment can cost upwards of $5,000 or more. The medications prescribed during treatment can cost just as much. Many patients have to undergo several treatments before receiving a successful pregnancy. Sadly a lot of couples find they do not have the funds or insurance to cover this.

Luckily there is supplemental infertility insurance coverage for couples that will give them the treatments they need without going bankrupt. This type of insurance is actually fairly affordable. They need to check to see if their existing insurance company offers it. Be sure to find out exactly what it covers and if it’s something that they can work with. For a monthly premium, insurance providers will supply you with a plan that will cover a range of fertility treatments. Most will cover the initial diagnostic tests and artificial or intra-uterine insemination. Some will cover other types of invasive fertility treatments such as laparoscopic surgery and IVF. Normally, infertility insurance plans cover the most inexpensive treatment that will most likely work for the couple. Some policies will only cover treatments for a certain period of time, like 5 IVF treatments. Normally donor eggs and sperm are not covered.

Types of Infertility Insurance

There are three different types of infertility insurance.

First there is standard health insurance. With this policy you pay a monthly fee premium for fertility treatments. Some will offer refunds on this as well.

Refund programs require you to pay upfront for your fertility treatments. These work by offering a 70-100% refund if conception doesn’t occur.

The other type of infertility insurance is financing. The couple can take out a loan to cover the infertility procedures. Again, if conception doesn’t occur there is no need to pay these back in full.

Unfortunately, not every couple is able to get infertility insurance. Qualifications vary from carrier to carrier. A lot will require that an existing policy be in place. Some have age limits. Some have time limits where you need to show proof that you’ve been struggling with infertility for a certain number of years first. Some require the policy be in place a year before benefits kick in.

Qualifications aside, for each company requires different things, infertility insurance is a good thing. For a lot of couples it helps them to realize their dream of becoming parents. With infertility insurance, couples are able to become pregnant without breaking the bank.