If you are planning on undergoing fertility treatments, it’s common to feel a little stressed out by the cost. According to the American Society for Reproductive Medicine, the average cost for an IVF cycle is over $12,000. Plus, more than one IVF cycle is often necessary, which can drive the cost up even higher.
There’s no getting around it—fertility treatments can be expensive! According to the American Society for Reproductive Medicine, the average cost for an IVF cycle is $12,400. Other fertility treatments, such as fertility meds, IUI, or ICSI can also add cost quickly. Plus, it’s important to recognize that more than one cycle of treatment is often necessary.
Crowdfunding is the collective effort of individuals to pool their money for a common goal. On a large scale, this is seen in disaster relief when individuals are made aware of the need, then make a small donation, which by itself wouldn’t be able to achieve much. However, when you pool all of the small donations, great things can be done. In the case of fertility treatment, crowdfunding is used for family and friends to learn of your cause, and have the ability to donate an amount of their choosing to your fund.
Costs for tampa fertility doctors and for Tampa fertility patients can be extremely high. Fortunately there are some financial options that may lessen the burden for women and men trying to conceive with the help of a tampa fertility doctor. Ask your Tampa fertility clinic what options they are offering to help with the cost of fertility treatment.
Despite the fact that 15 US states have mandated insurance coverage for infertility diagnostics or treatment, many couples struggling to build their families face in vitro fertilization (IVF) as the best or only successful option to have a child and the hefty out-of-pocket bill that goes along with it.
A bill being considered in the Senate would expand the VA's medical benefits package so other veterans, and their spouses or surrogates, don't have to bear the same expense. The department currently covers a range of medical treatment for veterans, including some infertility care, but the legislation specifically authorizes the VA to cover IVF and to pay for procedures now provided for some critically injured active-duty soldiers.
At a time when many traditional lenders are struggling, companies that join forces with doctors to make loans for in vitro fertilization, egg harvesting and other fertility treatments say their business is thriving. One reason: Fertility-finance companies are getting a boost from the banking industry's retrenchment. For example, credit has become tight for home-equity loans and credit cards, two ways couples often have paid for fertility treatments that often top $20,000.
Need some help? These programs may cover your IVF costs.
Undergoing infertility treatments such as IVF can cause not only physical and emotional stress, but can bring financial strains as well. In order to help couples afford fertility treatments, a number of foundations and organizations provide grants and other financial assistance.
You may want to look into the following financial aid programs:
New foundation offering grants for fertility treatment
A new and unusual foundation aimed at helping couples pay for additional fertility treatments when past treatments have failed is called the Pay It Forward Fertility Foundation.
Roughly modeled after the Fertile Dreams foundation in Winter Park, Fla., the foundation is the first of its sort in North Carolina. It grew out of another Wake County couple’s experience with infertility — and their desire to ease that difficult journey for someone else.