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.
What Is The Average Cost Of IVF Medications?
The average cost of IVF medications is about $3,000 to $5,000, according to the National Fertility Association. This is not including the actual IVF procedure, which can run you over $12,000 for just one cycle—but that really all depends upon certain factors, such as maternal age and the specific medical circumstances.
One of the most important aspects in dealing with infertility is time. If the patient is to have a shot at having a baby, she needs to act quickly to ensure that her eggs are as young and viable as possible. It is a difficult situation because biological urgency trumps pragmatism, making it very hard to budget and save for the procedure since the average cost of IVF medications is so high.
What is the average cost of IVF medications and how do I pay for them?
Payment Options
Time is of the essence when financing your IVF medications and cycles, but it is best to remain sensible and not to let your emotions get out of hand. Remember that rash decisions—such as taking money out of your retirement or using your credit cards as a quick loan—may seem like a quick fix, but it can lead to its own set of problems down the road. There are, however, ways of reducing costs without bankrupting yourself in the process, including:
Insurance
Before starting IVF, you should first scrupulously investigate your insurance plan and see what it actually covers. Currently, only fifteen states are mandated to offer IVF insurance coverage; although, not all mandates ensure the same level of coverage of care. For example, some plans may only cover the diagnostic phase of the infertility treatment, which means that once it ends, any subsequent treatment will require you to pay out-of-pocket. For this reason, it is important to familiarize yourself with your state’s individual policies.
Grant Programs
There are many non-profit organizations that provide grants to eligible infertility patients. Most of them, however, only pay for some IVF costs, not to mention that grants in general are a statistical long shot. To apply for these grants, all you need is a wish, a prayer, and proof of financial need, as defined by the grant program.
Pharmaceutical Discounts
The cost of superovulation medications may be 30% or more of total IVF costs. Larger pharmaceutical companies often offer discounted ovulation medications for infertility patients. For example, EMD Serono has programs specifically for self-pay patients and privately insured patients.
Provider Discounts
Physicians, particularly those who own their own practice, may offer discounts or payment plans. Some programs give discounts to patients who pay in cash. Others offer discounts to particular classes of patients. For example, a military discount may be offered to active duty personnel or veterans, while a public service discount is offered to teachers, firefighters, and police officers.
Family and Friends
Perhaps, your family and friends might be interested in investing in your family building efforts through gifts and loans. Another popular method nowadays is crowdsourcing, which is a good way to raise funds for any project, including fertility costs.
Discounted Medication and IVFMeds.org
One surefire way to get the exactly what you need is by saving your money in order to purchase discounted IVF medications. With Ivfmeds.org you can reach your goals sooner than you think. You see, IVFMeds.org allows individuals to search for IVF medications across a wide array of different offers brought to you by quality pharmacies, saving you both money and time. In essence, pharmacies compete, so you save.
IVFmeds.org
Great service! I saved hundreds of dollars on my prescription IVF meds I would definitely recommend them.
All trademarks, brands, logos and copyright images are property of their respective owners and rights holders. They are used solely to represent the products of these rights holders. IVFmeds.org is not a pharmacy and does not sell medications of any sort but provides easy access for users to compare services and prices of pharmacies in the United States only. This website is for informational purposes only and is not meant to be a substitute for professional medical advice, diagnosis or treatment. Please seek medical advice before starting, changing or terminating any medical treatment. Ivfmeds is not offering advice, recommending or endorsing any specific prescription drug. Ivfmeds is not offering advice, recommending or endorsing a pharmacy. Ivfmeds.org provides no warranty for any of the pricing data or other information.
Ivfmeds.org is not affiliated in any way with Ivfmeds.com.
All trademarks, brands, logos and copyright images are property of their respective owners and rights holders. They are used solely to represent the products of these rights holders. IVFmeds.org is not a pharmacy and does not sell medications of any sort but provides easy access for users to compare services and prices of pharmacies in the United States only. This website is for informational purposes only and is not meant to be a substitute for professional medical advice, diagnosis or treatment. Please seek medical advice before starting, changing or terminating any medical treatment. Ivfmeds is not offering advice, recommending or endorsing any specific prescription drug. Ivfmeds is not offering advice, recommending or endorsing a pharmacy. Ivfmeds.org provides no warranty for any of the pricing data or other information.
Ivfmeds.org is not affiliated in any way with Ivfmeds.com.