Financing For IVF Treatment
Choosing the right financing for IVF treatment is an important area to consider, even though it is naturally often overlooked in favor of prioritizing the potential success of the procedure itself.
IVF is considered as the most expensive treatment that helps to conceive a baby. It is important to find various financing options for treatment before beginning with the actual cycles. Some of the different kinds of IVF financing include payment plan through the clinic, special loans, and obtaining a multiple IVF cycle package. The multiple IVF cycle package provides more options and flexibility for couples planning to save money on their rounds of treatment.
How This Works
Although every IVF clinic and multiple cycle packages widely vary, a few package options can work for the majority of applicants. The first package variety permits to buy up to 3 rounds of IVF all at once for a discounted rate. However, if one plans to get pregnant with the first or second round, then a discount rate can be availed during the third treatment, which could perhaps be the cost economical treatment.
The second kind of package plan is a refund plan and it is offered at some clinics. In this plan, the clinic agrees to refund certain cost amount if one carries a pregnancy for certain period after undergoing 3 IVF cycles or if the couple fail to conceive. These refund plans may work well for few couples and they have special rules in providing refund amounts which you should, of course check with your individual clinic.
How To Decide
The different types of multiple cycle packages offered by the clinic should be the considered option if one is planning to find an IVF clinic. In addition, it is necessary to determine the success rates of the clinic and overall client rating. Hence, it is crucial that you find a well-reputed clinic with good financing programs in order to balance the value and quality.
Soon after selecting a clinic, it is necessary to discuss the available options with a financial counselor before beginning with the treatment. Many clinics enable this option to the couples as majority of couples literally bankrupt their financial future in an attempt to conceive a baby. It is advised to first enquire about the available financing programs during the first meeting with the financial counselor.
Based on your financial resources and preferences, you will probably have an option to choose the plan most suited to you. Moreover, refund packages can be quite expensive for older women as the clinic has fewer options to assist them in conceiving a baby after performing 3 cycles of IVF. This is because the clinic categorizes such women as high risk patients and subsequently charges based on the associated risk although it doesn’t mean it is impossible for these women to conceive a baby.
You can opt for a multiple cycle refund package which can be more expensive during the beginning if you have saved some money. Although, the clinic agrees to refund less if the plan is of low cost from the beginning. In contrast, if you don’t prefer to pay more cash for IVF at the beginning, you can choose a simple discount plan which is offered at low price.
In fact, preferring or not preferring a multiple cycle IVF package plan is based on one’s decision. Although these plans can sound advantageous to some couples, however it has to be chosen when all other options do not workout.