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Women's Health

Fertility Loans: Paying for the Path to Parenthood

family planning-fertility financing-fertility loan-ivf-in vitro fertilization
family planning-fertility financing-fertility loan-ivf-in vitro fertilization

Few health insurance plans cover fertility treatment, so what’s the best payment option for your family plan?

BronwynDroog-UnitedMedicalCredit

Bronwyn Droog

Chief Strategy Officer, United Medical Credit

There’s no question: family planning is worth every penny. However, finding a way to pay for it can be a challenge. Only 17 states have laws that require insurance companies to cover or offer coverage for infertility treatment, according to the National Conference of State Legislatures. If you’re paying out of pocket, IVF (in vitro fertilization) has an average cost between $10,000 and $15,000 for a single cycle, as reported by the Society for Assisted Reproductive Technology. Even then, IVFs may require multiple cycles for success.

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Financing plans

If you cannot afford IVF up-front, a customized fertility financing plan may be your best option. Fertility financing reduces the upfront cost of starting a family and can help offset unexpected expenses outside of standard treatment, such as the cost of fertility drugs or additional cycles of IVF.

There are many financing options available for personal loans in general, but specific to family planning, what should you seek in a fertility finance program partner?

  • An easy online application
  • Flexible loan amounts that allow you to seek the fertility treatment package that will be the most effective for you
  • Transparent, honest loan terms with competitive interest rates
  • Manageable monthly payments tailored to your financial needs
  • No penalties for prepayment
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A fertility loan can give you peace of mind when you need it most, given the emotional rollercoaster that accompanies treatment. These guidelines can help you find the right program to help you start your family.

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