Infertility insurance companies do not exist to make your treatment affordable. Health insurance companies issue plans that sometimes cover infertility treatments such as hormone stimulating medications, artificial insemination, to In Vitro Fertilization, but most often do not.
Couples often ask the wrong questions about finding coverage for their treatments. There are no companies specializing in infertility policies. Most healthcare plans will not cover infertility unless subject to a state mandate.
Therefore, learn to ask different questions when looking for creative ways to pay for IVF and other expensive protocols.
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There are non-profit agencies that raise money to assist deserving couples afford the procedure, but not everyone qualifies, and funds are limited. There are government programs (think IRS) that help lower costs, and ways to help yourself that you might have overlooked.
The costs are low compared to the alternatives, so paying for the procedure is not a huge concern. However, you should consider more than just the out of pocket costs on that one treatment.
Your opportunity to purchase important coverage for the intended consequence evaporates with you big fat positive.
Unfortunately, sipping herbal tea or ingesting large doses of vitamins is unlikely to do the trick. Your choice is undergoing the knife again or paying for IVF, which is less invasive.
If your existing carrier does not pay for the treatments hope is not lost, but the odds of finding alternatives are low. Rather than search by carrier name, find other approaches to narrow down the list.
Get a third party with deep pockets to pick up most of the charges: your health insurance company.
Many couples research cost by geographic location, when the best cost-saving measures lie elsewhere. The biggest savings come by looking ahead to a successful outcome.
Even when a legal mandate requires IVF, all bets are off after voluntary tubal ligation. However, you can still cover the intended outcome of a mom’s pregnancy, labor and delivery, and newborn baby.
The IRS allows couples to deduct unreimbursed medical expenses from their taxes using Schedule A and treatments to overcome the inability to have a bay qualify. However, to maximize your refund, combine payments for treatment into one calendar year rather than spreading things out over time.
Therefore, you might want to develop a strategy and fallback option: such as financial assistance or insurance coverage.
Fortunately, there are resources that can help with treatment costs. Charitable organizations provide grants, when funds are available. Find alternatives with better odds of success.
However, you want payments terms that you can afford once mom becomes pregnant, and you lose her income. Lock in income security prior or shortly after completing your surgical procedure.
This way you won’t miss any loan repayments.