If you want a child, but are having trouble conceiving, in vitro fertilization or IVF may be the answer. You should carefully consider all the factors before deciding on IVF. From IVF cost to success rates to the health of the child, anyone considering this procedure should take their time and do their research. Most people will work with a fertility specialist who may recommend IVF is other treatments are not successful. Before agreeing to a referral for IVF, you should get educated on the process.
First, your health insurance may cover some of the costs, but will probably not cover everything. This is important since IVF treatment can be very expensive. There are several components to the process.
First, you will meet with the doctors and get tested. This consultation and the tests will usually run between $1,500 and $3,500. Your health insurance may pay for at least part of these services.
Once you and your doctor decide on a treatment plan, you will be prescribed medications. These typically average between $2,500 and $4,000 per treatment cycle.
In the United States, the average cost of IVF treatment will vary depending on your age, where you live, and your treatment plan. The average cost is $10k per fresh cycle and $3.5k per frozen embryo cycle.
A fresh cycle is when your eggs are harvested and then mixed with fresh sperm. The best resulting embryos are then implanted into the woman’s uterus. If a fresh cycle doesn’t result in pregnancy, a woman may have her remaining embryos frozen to be used later.
It is important to remember that it may take more than one treatment cycle before you conceive. This means costs can quickly begin stacking up. Many doctors offer payment plans to help patients with the cost of treatment. Your health insurance may pay part of the costs and some states even mandate that health insurance covers some form of infertility treatment. Additionally, most IVF treatments and medications qualify for a medical expenses deduction on your annual federal taxes.
Some practices offer discounted multi-cycle programs which provide a patient with several IVF cycles. The patient is charged a single discounted fee and the patient can save up to 40 percent. The downside to this type of program is that if the woman gets pregnant the first time, there may be no refund of the monies paid for the rest of the cycles.
IVF costs can be high, but if the treatment is successful, almost every parent will say it was worth the investment. Check with your fertility specialist about possible payment plans and discount programs.