IVF procedure is a relatively costly procedure for infertility treatment. The cost of IVF procedure may be a deterrent for many couples opting for treating infertility. Do not let the cost deter you from enjoying parenthood; explore the cost friendly options in context to IVF procedure here.
People often get worried about the costs of infertility treatments as most of the insurance plans do not offer coverage for infertility treatments
. Although in some cases partial coverage is provided but a major part of the expensive treatment like IVF
goes uncovered. Considering this fact, the infertility clinics have come up with a lot of financial
options for couples wishing to enjoy parenthood. People today can choose from discount plans and affordable cost saving alternatives.
How Does Cost Effective IVF Options Work?
Here are a few of the cost friendly options that float around in the context of the IVF
Money Back IVF Plans
It appears that if the treatment cycle fails to yield results, the entire cost will be refunded. But basically it works as a partial refund. The advertisement of the plans usually gives the impression that in case of a failed IVF, the entire money would be refunded. Generally, when a couple participates in such a plan, they are required to pay an excess of what is actually required for the treatment cycle.
The refund is actually not calculated on the amount of total money that is paid during the commencement of the treatment cycle. Rather, the amount is a variable percentage that is actually a part of the total treatment cost incurred by you.
How is This Percentage Calculated?
The age of the woman acts as the principle determinant. The amount of money refunded and the age of the woman is inversely proportional to each other. The older the woman, lesser the money refunded. But whatever the case, the couple can be quite sure of the fact that they will never get 100% refund.
For a young woman who chooses to undergo the IVF procedure due to any reason, the cost calculation is rather complex and unrewarding. If the young woman succeeds to get pregnant through IVF, they might end up paying an excess of 50% if the process yields positive results. This is actually in comparison to what if they did not opt for the money back option at the first place.
The Basic Point That One Needs to Remember
Every type of these money back plans is designed to save the loss of the clinic. No infertility clinic would agree to a money back plan that would add to their loss and obstruct their profit out of the medical business. This is a basic reality. So it is quite obvious that will charge in excess for each of the cycles so that the money that they might be required to refund gets pooled in at the very beginning, and is at their disposal.
The Financial Package Plan
This plan offers a reduced price agrees to an advance payment for the multiple cycles. This can be considered to be beneficial as the treatment cost for a package of three cycles is always less in comparison to three separate cycles at a regular payment structure. But then, like all other plans, this also works on an ‘if’ and ‘when’ factors. If the first two attempts happen to meet with failure for the woman, and she attains a successful pregnancy with her third attempt, she happens to save from the plan in a major way.
There is another aspect of the plan that needs to be mentioned. Cases where one of the pregnancies sustains the first trimester, many programs consider to be a successful one. So in case of an unfortunate pregnancy loss, the couple may not stand to gain anything from the plan.