We understand that IVF costs can quickly add up and prices can vary depending on specific treatments and technologies needed.
Considering that some couples may need up to three IVF cycles to get pregnant, plus the unfortunate fact that even high-tech IVF is no guarantee of conception – the whole process can be worrying and confusing for some people.
But before giving up entirely on IVF, why not consider these tips to make the costs slightly more affordable and help manage your finances:
1. Firstly did you know that there are some tests that you can have done free of charge with your GP before you visit any fertility clinic? It is always worth checking in with your GP for advice on fertility and what pre-scans you can get free of charge.
2. Most clinics will offer an egg sharing programme, where people are able to donate their eggs for others to use in the IVF process. Although some consider this quite a daunting prospect, the clinic will provide you with full support and it comes with significant financial benefits to your own treatment.
3. No one likes to ask for cash, but there are people out there who can help. If you prefer to keep things non-personal, you can try applying for fertility grants. They will rarely cover all the costs, and the application fees can be expensive, but it’s another option to consider
4. Budget your money sensibly and borrow the cash from other areas of your finances if you need to. Borrowing options now go far beyond credit cards. People can think about dipping into retirement funds, taking out a medical loan or a home equity loan. But be careful with this option and make sure you are confident that you will be able to make the repayments on time after the treatment.
5. Check your insurance plan carefully! Some people might be eligible for partial coverage of the cost of infertility treatments. Even if IVF isn’t covered, certain aspects of the treatment might be.
6. If your personal insurance doesn’t cover it – see if you have a flexible-spending account. FSAs are an employee benefit, offered by some companies, which allow you to set aside part of your pre-taxed income for special designated uses. (Often, medical expenses that are not covered by insurance.)
7. Finally, it sounds obvious, but price shop and negotiate. When comparing prices, be sure to ask clinics what is included and what’s not. One clinic may seem to have a higher fee for IVF, but if they are including the cost of ultrasounds and blood work, and the other isn’t, then you could be misled.
We would love to hear your stories of how you saved money going through the IVF treatment. Get in touch with us @HSFC_UK or drop us a message on our Facebook page www.facebook.com/HarleyStreetFertilityClinic
