Bookmark and Share

Cut Menopur Costs

Menopur Costs, Rates, Prices Cut by IRS

Menotropins Injection (Menopur) costs can seem daunting, especially if your employer does not provide infertility insurance coverage - as many do not. 

You can use your employer's FSA to cut your Menopur prices, and provide you with interest free infertility & IVF financing at the same time.  Read below to learn more.

Let the IRS Cut Menopur Prices

Your Menopur costs are tax deductible.  You can discount Menopur prices by offsetting tax savings.  You have two options, but one is clearly superior:

Take an itemized medical deduction on your IRS Schedule A.  Beware - the first 7.5% of your adjusted gross income will be subtracted from the total of your total Menopur costs to determine your amount of tax savings. 

For example, if your adjusted gross income is $100,000 this means no tax savings on the first $7,500 of Menopur costs. 

A Healthcare Flexible Spending Account (FSA) allows you to realize tax savings on your very first dollar of Menopur costs, plus you may also reduce the amount of State, and FICA taxes you pay. 

An FSA may generate tax savings of 1/3 or more for all your fertility drug costs.  For example: a couple in the 25% federal income tax bracket paying FICA taxes of 7.65% saves a total of 32.65%.

In addition, you may get an interest free loan!

FSA Cuts Fertility Treatment CostsFSA Cuts Fertility Treatment CostsCut your fertility treatment costs using your Healthcare FSA. Expenses for diagnostic procedures, fertility drugs, assisted reproductive procedures can be paid for using pre-tax dollars. Infertility Health  InsuranceInfertility Health InsuranceInfertility Health Insurance is hard to find outside of group coverage. Consider Supplemental Health Insurance as an alternative for infertility treatments. Cover your biggest risk: getting pregnant! Create maternity leave pay. Gain protection for a high risk pregnancy, multiple birth and more. State Infertility Insurance LawsState Infertility Insurance LawsFourteen states have enacted laws that mandate either that insurers offer infertility health insurance coverage, or that certain employers provide plans that cover infertility. See which states have these laws, and who the mandate apply to.
 - Great Value to You and Your Family -
- No Direct Cost to Your Employer -
Ask and It Will be Given!

Copyright © A.S.K. Benefit Solutions Tinton Falls, NJ