Infertility Insurance: Is Your Infertility Covered Under Your Insurance?
Infertility insurance can help a couple to realise your dreams of becoming pregnant. Dreams of holding their own precious newborn baby in their arms can be fulfilled despite finding out that they are infertile. Infertility does not mean the end of the dream; there are a number of options still available to them to conceive their own child. Money is often the biggest barrier to the infertile couple becoming parents and this is where infertility insurance can come in to play.
While there are many and varied fertility treatments available to couples, the costs can be prohibitively high. In-vitro fertilization (IVH) for example is a highly effective option, but just one in-vitro treatment can run into the tens of thousands of dollars. More likely than not more than one treatment will be required to become pregnant.
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Infertility Insurance and Fertility Medication
There are also some fertility medications. These can set a childless couple back by as much as $1,000 a month. Even more costly are some of the assisted reproductive technology procedures which can cost over $4,000. Many couples just cannot afford these costs on their own. They need help to be able to afford the fertility treatments.
Infertility Insurance and Supplemental Infertility Insurance
Happily, there is supplemental infertility insurance available that will enable treatments for couples that will give them the treatments they need without them going broke. It usually is very reasonable and you can usually get it from your present insurance company although each policy has different criteria and coverage. Couples need to do their homework and to have a deep and careful look around before they buy into one.
Insurance providers will provide you with a plan and then for a regular premium, the plan will give you access to a range of fertility treatments. Diagnostic fertility tests are usually included in these treatments usually include. Often artificial insemination is also included as are other types of assisted reproductive technology. The insurance plan may include cover of diagnostic test procedures, which may include laparoscopic surgery.
Infertility Insurance and Lowest Cost Treatments
Generally, infertility insurance plans cover the lowest cost treatments that will most likely work for the couple. They probably will also only cover treatments for a specific number of cycles. The number of cycles covered is usually between three and five cycles which should be enough to get pregnant. However, taking the extreme step of using donor sperm and donor eggs is not ordinarily covered by infertility insurance.
Infertility Insurance – The Three Basic Variations
- There are three basic variations in infertility insurance coverage. Standard health insurance is the first type. This insurance variation gives you specific fertility coverage and in return you pay a monthly premium in exchange for this.
- The second type of insurance coverage is a refund program. With this insurance variation you are required to pay first for your fertility treatments. You then get refunded between 70% and 100% of the money you paid for the fertility treatments if the treatments fail and there is no conception or baby carried to full terms.
- The third type of insurance coverage is financing. This is a straight forward loan arrangement to cover the infertility procedures where you can take out a loan to cover them. these loans do not need to be paid back in full, if you do not have a baby.
Qualify for Infertility Insurance
You have to qualify for fertility insurance. Unfortunately, not everybody meets the required criteria. The criteria changes between insurers. Nevertheless, to be approved for infertility insurance there are certain requirements that you have to meet first. These requirements often require that you already have an existing insurance policy. Additionally there is often an age limit, the upper limit being forty years old. Furthermore, you may also have already had a history of struggling with infertility problems. The history may need to be for at least one year and there may even be a requirement for a five history of infertility. Having met these criteria you may then be required to hold on to the policy for a period before you can use it. This period is generally for a 12 months.
Although there are so many variables for you to consider and to compare, and there are certain qualifying requirements needing to be met, it is still worth all the effort. At the end of the process qualifying for and getting infertility insurance is a great idea. You are going to need the money anyway after the treatments are successful, to provide for your new born baby. You do not need to break the bank while trying to start a family. Infertility insurance makes sure of this.
More information from http://healthwebpro.com/infertility;