Fertility treatments can add up. From the cost of the doctor’s appointments to the necessary medication, it is a significant financial investment for anyone choosing to go through the process. With this in mind, it is essential to consider financing options for fertility treatments.
Helpful Financing Options For Fertility Treatments
This is not a journey you need to be going on alone. At Carolinas Fertility Institute, we are here to guide you through the process and help you figure out the right ways to make it happen for you. These options may not be ones you had considered before.
Look Into Loan Financing Options
In vitro fertilization has the incredible capacity to give you a solution to infertility troubles. It has been a great addition to people’s lives and decisions for years. The Pew Research Center even found that over 75,000 babies were born using assisted reproduction technologies in the United States in 2018. However, when you are looking into in vitro fertilization, IVF, several cycles of hormone use, and embryo implantation brings up the cost tremendously. The average cost of IVF comes out to around $12,000, but it can vary depending on multiple factors.
As time has passed, more and more financing options have become available for people choosing to start this process. At Carolines Fertility Institue, we take pride in helping you finance your treatments. There are flexible payment programs that make treatment more accessible for patients requiring payment options. Here, we provide leading-edge technology and resources for our patients to reach their goals in a way that does not break the bank. You can find all of these options laid out for your convenience and consideration on our site.
Ensure You Pay Attention To Hidden Costs
As is the case with most medical expenses, there are often hidden costs that you do not expect until you are paying them. Fertility treatments are no different. It is important to budget out exactly where money is going and why when you start this process of financing options.
Some of these hidden costs come in things you would not expect. It is crucial to ensure the doctor, facility, and lab are all in-network for the treatment to be covered by insurance. Without this, often, the costs come to you in a way you did not expect. It is also important to recognize that even when medications are covered by insurance, they can still reach a point of high cost. Especially with how many are required for these treatments, it is no surprise that this becomes a challenging part of the process of choosing financing options.
See What Your Insurance Covers
Before starting the process, see what your insurance covers concerning fertility treatments. While maternity and newborn care are considered necessities in insurance plans, fertility treatments are often not. If they are included, it may be for part of the process but not the entire thing. There are various ways that insurance plans handle infertility, and it is essential to discover how your own does.
Whatever your plan may be, digging into it to find out exactly what it covers can take the burden away later of thinking it was different than it is.
Fertility treatments do not have to be ruled out over the cost. These financing options and considerations are a great place to start as you begin this journey. It may seem daunting, but there are resources available to help your family through the process. Carolinas Fertility Institue is dedicated to helping you find that through our resources. Contact us to learn more about your options and start planning your fertility goals. Check out our website or give us a call for more information.