Financial Considerations Prior To IVF

By: Kathleen

Unfortunately many of us do not have health insurance coverage for IVF. Many couples start treatments without preparing financially. This is an easy trap to fall into, and frequently leads to a "we'll worry about how to pay for it later" attitude. A recent article lists many important things to consider that could make the financial toll less of a burden. Some things might not be obvious to people new to the world of insurance, such as signing up to get double-insurance if your spouse has coverage for IVF in his plan. Others require some forethought by talking to your HR department about your options. You can increase your flex spending account for next year or review your insurance options to see if your company offers a "premium" plan that covers IVF coverage (typically these items can only be changed once a year). It also touches on some difficult but sometimes necessary discussions you should consider having with your partner: how much money are we willing to spend on treatments? By setting financial boundaries for treatment, it might help you from digging yourself into debt because of a (well meaning) "whatever it takes" way of thinking.