Infertility Insurance

Do You Have Infertility Insurance?

Money is the most prevalent reason why couples don’t take advantage of the available options when confronted with the prospect of infertility. No matter how much they want to hold a newborn baby in their arms, it still takes resources that are often just not available.
Of course, if they really want a baby, there are opportunities and sophisticated medical treatments but unfortunately, they are financially prohibitive for most people. For example, in-vitro fertilization can cost in the tens of thousands for each treatment – and there are no guarantees. Many times, couples need to repeat the procedure over and over again. In addition, pharmaceuticals related to fertility can run about $1000 per month, while other procedures are 4 times that amount – assisted reproductive technology for one.
It is important to note, in spite of these costs, there is insurance that is added on as a supplemental infertility rider for couples that cover most of the treatments necessary. The insurance is quite affordable and allows couples treatment without the threat of bankruptcy. Each insurance company has different guidelines that cover these procedures, so it is important to shop around before committing to a particular insurance policy. The rates are relatively inexpensive when compared to the alternative.

Fertility Treatments. Although each policy is different, treatments often include diagnostic fertility testing, artificial insemination, as well as less common types of reproductive technology such as laparoscopic surgery. As with most insurance, the standard infertility insurance policy will cover the least expensive procedures. But they will also, in most cases, cover between three and five cycles for the couple. Sperm donors, on the other hand, are generally not covered by insurance.Embryo

Infertility Insurance.
There are three different types of infertility insurance and they vary. The standard health insurance policy requires that you pay a monthly premium in exchange for specific coverage when applied to infertility. A second type requires that the couple pay upfront for the fertility treatments and if the couple does not produce a baby then between 70% and 100% of the money is refunded back to the couple. The last type of insurance coverage for infertility treatments is financing or specifically a loan to cover the cost of the procedures. The loan does not have to be repaid if the couple does not conceive.

At the present time, not every couple has the ability or opportunity to get infertility insurance. Each insurer base their criteria on individual qualifications and type of policy before approving a couple for infertility insurance. In most cases, the prospective insured usually needs to have an existing policy and in many cases have an age requirement as well. In other words if you are usually under 40 and have been trying for anywhere from one to five years to conceive with an existing policy, there may be hope for getting coverage.

As with most insurance companies who put you through hoops in order to insure you, fertility insurance for a couple is no different, but it is well worth the effort to find the right policy and plan ahead. After all, the cost of infertility treatments can take away from the same money that is needed to provide the new born baby with the ongoing needs. You don’t have to go to the poor house to have a baby if you have infertility insurance.

State Mandate

Some states mandate infertility insurance.  The following list means that these states require insurers to cover some type of treatment.  Each state is different and eligibility varies:

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