IVF financial assistance – FAQs with Laurel Fertility Care
Laurel Fertility Care have kindly answered your most pressing questions when it comes to IVF and fertility funding. Check out their answers below.
Q: How much, on average, is one round of IVF?
A: Laurel Fertility Care estimates that a fresh IVF cycle costs around $13k in the US.
Q: What does an IVF loan cost?
A: There are many factors that affect this, including your personal situation and credit history. You can speak openly with our friendly team to discuss what’s available to you and next steps.
Q: What about IVF loans for bad credit?
A: Just as with a regular loan, it is possible to take out an IVF loan even if your credit rating needs a bit of work. However, your options will be reduced and you will almost certainly pay a higher premium, so make sure this is the right move for you and your future finances before committing.
Q: Can I use my 401k to pay for IVF?
A: It’s possible to take out a fertility loan against your 401k, although this wouldn’t be our first recommendation for funding. Have a chat with your clinic about your options, and you might want to seek the help of a financial advisor before borrowing against your pension.
Q: Do I have to tell my employer I’m having IVF?
A: This is completely up to you. There is no obligation to tell your boss about your fertility treatment, although it can take its toll on your emotional wellbeing and if this impacts your work life then it could be a good idea to keep them informed, especially if you’re planning on taking time off.
Q: Can I set up an IVF monthly payment plan?
A: We do not offer specific monthly payment plans, but we will work with patients on a payment schedule that works with their budget up until their retrieval.
Q: What about my meds – can I get help paying for these?
A: Medication costs vary and there are various available programs that assist with payment. EMD Serono offers a compassionate care program and Fertility Pharmacy of America offers great pricing for cash pay patients.
Q: When will payment be taken?
A: Payment dates vary depending on your cycle start. We will discuss with you in detail exactly what your costs will be and when they are due so you’re fully informed before any money exchanges hands.