Health & Medical Pregnancy & Birth & Newborn

Infertility Insurance - What Are the Options?

One little known fact about infertility has to do with the availability of infertility insurance.
There are a few types of this insurance available for infertile couples - provided that their circumstances qualify them for it.
Supplemental Insurance Infertility insurance is a form of supplementary insurance, and as such does not always cover all infertility treatment costs - particularly the most expensive procedures involved with in vitro fertilization.
What it generally does cover is such things as testing for fertility, artificial insemination, laparoscopic surgery, and other procedures.
In other words, infertility insurance is designed to help cover the procedures that are less expensive, providing assistance for the initial stages of infertility training.
Once the infertility treatment reaches the more advanced - and expensive - stages, couples are expected to decide for themselves if they wish to continue further treatments at their own cost.
The advantage of insurance is that it covers the costs before you reach that decision point.
Standard Insurance One of the options available to infertile couples is the standard insurance policy for infertility.
Operating in much the same way as other forms of insurance, the standard policies require a monthly premium payment that is determined by the level of coverage you choose.
Coverage restrictions and limitations should be thoroughly reviewed prior to choosing any particular policy.
Refund Policy Another type of infertility insurance is the so-called refund policy that helps you to recover your cost in case the infertility procedures fail to work.
Refund coverage involves your paying all of the costs of your infertility procedure when you acquire the policy, with the understanding that the insurance firm returns between seventy and one-hundred percent of those costs to you if the treatment doesn't result in a conception.
Many people compare this form of insurance to the Las Vegas strategy wherein you hedge your bets.
Financing Insurance Financing insurance is also available.
This is a type of insurance that involves the couple taking a loan to cover the costs of the infertility procedures, with the expectation that the bulk of the money will not be repaid if no pregnancy results from the treatment.
Keep in mind, however, that infertility insurance is not available to everyone.
In fact, a large number of insurance firms have no comparable policies, and the ones that do often have stringent requirements that you must meet to obtain one.
These requirements usually involve age and health criteria, an existing insurance policy with the firm, and a history detailing your unsuccessful attempts at conceiving - usually going back from as little as one year to as many as five years.
It is obvious that these types of policies can be of tremendous assistance for couples struggling with infertility, especially those couples whose financial situation is such that the risks of failed treatments have to be balanced against the expense of the attempt.
It is perhaps reassuring to some that the majority of infertility treatments achieve success without resorting to the more expensive procedures like in vitro.
The fact that 97 percent of all infertility processes reach conclusion prior to needing the more cost-prohibitive procedures is a positive factor for many couples when they decide to carry infertility insurance.
It is thus useful for anyone in the beginning stages of coping with the financial costs of infertility treatments to realize that they may have insurance coverage available to assist them with the expense.

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