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Fertility financing – a top Cali clinic covers your FAQs

Poppy Millar-Maher  |   21 Feb 2023


For many of us struggling with fertility issues, the financial cost is a huge barrier to treatment. The journey itself is challenging enough, without the added stress of fertility financing, and working it all out.

And IVF is expensive. According to the most recent statistics, the standard base fee for IVF in the US is $12,000 and one full treatment cycle costs between $15,000 and $20,000, which many intended parents don’t have in the bank, especially at a time when everyday essentials are becoming unaffordable.

Here at Fertility Help Hub, we believe that everyone deserves access to treatment, but we’re also all about being realistic and keeping you informed. Finding the funds can be challenging, but there is support available in the form of loans, grants and payment plans.

Fertility financing, and how to pay for IVF

Here’s our round-up of the different financial support options available for fertility treatment in the USA, plus answers to your top FAQs on fertility funding, from the leading California-based clinic Laurel Fertility Care.

Check your health insurance

How much of my fertility treatment will be covered by insurance? Well, it depends. Most insurance will cover the initial diagnostic tests, which includes your preliminary clinic visit, bloodwork, transvaginal ultrasound, an HSG and some surgeries such as a laparoscopy.

Certain companies offer insurance policies that cover your required fertility treatments too, including IUI and IVF. Currently, insurance only covers family-building costs in 19 states, and coverage has restrictions, like making IUI compulsory before starting IVF, and only in participating clinics in your area, so it’s quite a ZIP code lottery.

Reach out to your insurance provider and really dig into exactly what they cover. You may be pleasantly surprised at the answer, and if they can’t help, you’ll know then that it’s time to take another route.

Keep in mind that full fertility care is rarely covered by healthcare benefits, so after the diagnostics phase (if paid for), you’ll likely need to find alternative means of funding.

Apply for IVF grants 

If you can demonstrate hardship, charitable grants are another avenue that can help fund your treatment plan. Grants are provided by not-for-profit organizations to help intended parents. To be eligible for a grant you need to meet certain requirements, which vary from one institution to the next.

It’s worth taking a look at the latest grants available to you and spending time on a few applications. Most grants are awarded based on income; others take into account your personal situation and medical history as well. There are also grants specifically for cancer survivors where fertility has been affected.

Grant amounts vary dramatically from $500 anywhere up to full coverage of £15,000+. It really depends on your situation and the institution in question, but it’s definitely worth a look.

Consider taking out an IVF loan

For the vast majority of us, taking out a loan is the most feasible option. You can take out a regular bank loan, or there are various IVF funding programs which you can find via your fertility clinic. For many people this is preferable, as it allows you to manage the whole process in one place (cutting down on the admin) and get guidance from people who understand your situation.

Importantly, some IVF funding bodies offer partial or even full refunds on unsuccessful treatment. If you don’t get the results you’re looking for, the disappointment can be really difficult; a refund gives you the option to try again, pivot or change your plans with your team or simply support yourself while you decide your next move.

Wherever you get it, taking out a loan does mean taking on debt that you will have to deal with in the future, so it’s not a decision you should take lightly. Like a regular loan, you’ll need to pay it back within a set timeframe. Your clinic can help assess your budget and make the best decision – for today and tomorrow.

Visit a reputable clinic

The best fertility clinics will be able to help you ascertain your options and make a plan accordingly. An initial consultation should be free or low cost; this is an opportunity to assess your financing options, including what you can afford and payment plans, as well as what to expect should treatment be unsuccessful.

Laurel Fertility Care is a boutique clinic, where patient experience and a truly tailored treatment plan are wrapped into that all-important spend. With Laurel Fertility Care, you are never a number.

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.

Fertility treatment is time and mind-consuming enough as it is without the added burden of funding it. If you can sort the finances, that’s one less thing to worry about.

We get it’s not easy. Join the wonderful FHH squad and Laurel Fertility Care community to speak to people who can help and who know what you’re going through. Whatever your next steps, we’re behind you.

For a friendly chat about financing, book a call with the amazing team at Laurel Fertility Care today.

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