How Much Does IVF Medication Cost?

When asking “how much does IVF medication cost,” you must first understand that each In Vitro Fertilization (IVF) cycle is inherently different and comes with its own  variables that ultimately determine the total price for medications. The price will ultimately vary depending on where you live, the amount of medications you are required to take, the number of IVF cycles you undergo, and the amount your insurance company will pay toward the procedure. The short answer is that for just one IVF cycle, the cost can skyrocket to over $12,000—and that’s not including the cost of medication, which according to the National Infertility Association can be more than $5,000.

How Much Does IVF Medication Cost: Ways to Save Money

Although these figures can seem overwhelming, don’t be discouraged. There are many ways to save money on IVF and IVF medication, such as:

Check With Your Insurance Provider

As of now, a total of fifteen states in the U.S. have insurance laws requiring healthcare insurers to cover some form of infertility diagnosis and/or treatment; however, coverage can vary widely from state to state. In fact, employers sometimes purchase additional healthcare packages to cover IVF—which is something to keep in mind the next time you are applying for a job.

Consult An OB

Before stepping foot inside a fertility clinic, make an appointment with your obstetrician and get as much work done as possible, such as a diagnostic and blood work. Many lower-end procedures, like artificial insemination, are actually offered by many OBs. With the way insurers are coding it today, in many situations you could be covered.

A Little Help From Your Family And Friends

Couples frequently deplete their resources very early on in IVF, and many depend on gifts or loans from family members to see it through. What would-be grandparent could resist helping their child have children of their own, not to mention an estate building strategy? Any gifts over $13,000 would automatically get a gift tax, but if an individual wanted to reduce their estate and gift it to their child, they could pay it directly to the fertility clinic. More than anything else, grandparents would want the satisfaction of giving a wonderfully impactful gift like this within their own lifetime.

Take Out Loans

Some couples are desperate for children. They will go burn through their savings, take out a home equity loan, rack up credit card debt, all while breaking into their 401(k) and cashing it out. Going into debt is somewhat of a last resort, though you can approach it quantitatively and with a plan. The problem is that many people become overly determined after a failed first trial and want to keep going. At that point, it is difficult to allocate wisely without getting overly emotional and making bad decisions.

Discount Medication

Like any good or service, you need to shop around to get the best price available, and that greatly depends on the distributor. You could ask your doctor to help you find the lowest prices on medication, but in this situation you should take charge and be own number one advocate. Try local and mail-order pharmacies, but if you want to save time and money search online for the best deals and prices. By inquiring “how much does IVF medication cost?” you have already taken the first step in saving money and achieving your goals. Ivfmeds.org, in particular, can help by allowing you to search through a vast selection of competing pharmacies, for the lowest costs in IVF medication anywhere.