Vasectomy Reversal Cost: Insurance, Financing

Vasectomy reversal costs can range from $5,000 to $20,000 depending upon the complexity of your surgery. There may be separate charges for the surgery, anesthesia, and the hospital or surgical center.

Most health insurance plans will not cover the cost of your vasectomy reversal, so it pays to plan ahead and utilize several key strategies:

• Cut Cost of Vastectomy Reversal - via the tax code
• Offset Vasectomy Reversal Costs - with supplemental maternity insurance
• Vasectomy Reversal Financing - an interst free loan from your employer
  
  

Because most health insurance plans do not provide coverage, you may need to pay the entire cost of vasectomy reversal upfront.  The U.S. tax code provides two mechanisms to help you reduce your out-of-pocket expenses:

• Unreimbursed medical deductions: your out-of-pocket costs are tax deductible.  The IRS allows you to deduct un-reimbursed medical expenses above 7.5% of your adjusted gross income (AGI).  Depending upon your costs and income, a substantial tax savings may be available to you.
• Flexible Spending Accounts: allow you to use pre-tax dollars for these same expenses, and provide two advantages over taking them as a deduction:
  • You save on both Federal income taxes and FICA taxes (7.65%).
  • You get first dollar tax savings.  

You can offset vastectomy reversal costs by using supplemental insurance.  Supplemental coverage can be leveraged to pay benefits that will offset many of your out of pocket expenses.

Supplemental maternity insurance will cover mom's normal labor and delivery.  It pays cash benefits directly to the insured.  By timing the coverage start date with your surgery, mom's benefit for normal delivery may greatly exceed the premium you might pay.  Use the surplus to offset your surgical costs. 

Vasectomy reversal success rates are broken down into two categories:sperm return, and pregnancy rate. Time since the original vasectomy drives your odds of success.  Sperm return rates varies from 70% to 90%, and the pregnancy rate from 30% to 76%. 

You would not be considering vasectomy reversal if you did not plan on having at least one child.  Purchase supplemental maternity insurance before getting pregnant and you can create maternity leave income, while also protecting against pregnancy complications, delivery complications and premature  birth.

Supplemental maternity insurance comes in two policies: short term disability insurance, and hospital indemnity insurance.  Both policies pay benefits directly to you for mom's normal labor and delivery.  When you time the program start dates well, the benefit for normal delivery may greatly exceed the premium you pay helping you create maternity leave pay - but also helping you cover the cost of vasectomy reversal.

Supplemental maternity insurance will also provide important protection in case things don't go exactly as planned.  Any time missed from work or extra hospitalizations for complications will be covered as well.  In addition, your child will be covered in case of premature birth or an illness that requires a stay in the Neonatal Intensive Care Unit (NICU).

Vasectomy Reversal financing can be self generated: take an interest free loan from your employer, and take advantage of published vasectomy success rate  data.   Time since the original vasectomy drives your odds of success.  Sperm return rates varies from 70% to 90%, and the pregnancy rate from 30% to 76%. 

Get interest free vasectomy reversal and infertility financing from your employer by paying your surgical costs via your flexible spending account.  Time your surgery at the start of your plan year and your employer will fund the costs, leaving you fifty two weeks to repay the loan using pre-tax contributions.