Monday, April 5, 2010

Reducing IVF Cost

We all know that IVF can cost a huge sum of money - the drugs that go along with one cycle can cost up to $2000.  Well the other day I read a helpful little article called How to Save Money on Fertility Drugs from Conceive magazine that might help you to keep a bit of cash in your pocket. This article is full of money saving tips and phone numbers to call, I definitely recommend reading it through.  In the mean time, I'll summarize it here.  The main tips for reducing IVF cost are as follows:

Double-Check Your Insurance Coverage to See if it Covers Fertility Drugs - Not all companies are forthcoming about how much they actually cover.  Be sure to read the fine print of your plan, and call for clarification.

Shop At Specialty Fertility Pharmacies - Compare prices of big drugstores to smaller fertility pharmacies.  You might find that pharmacies specializing in IVF cost much less than the mega drug store down the street.

Take Advantage Of Drug Company Discounts on Fertility Drugs - Some pharmaceutical companies might offer discounts on their own drugs, if your insurance does not cover costs at all.  Be sure to do your research with the company that makes the drug.

Look Into Philanthropy Programs that Subsidize Fertility Drugs - Companies like The InterNational Council on Infertility Information Dissemination and Serono offer aid for couples from many different walks of life. Ask your doctor about local programs that might be able to help you, too.

Take Part In A Fertility Drug Clinical Trial - (I, at first, raised an eyebrow at this suggestion, but its actually a lot more sensible than it sounds.) One way to reduce the drugs for IVF cost to free, is to free is to take part in a clinical study.  Few brand new drugs are on the market, so what is mainly being tested is the nuances of administration, or possible a drug that is already on the market in Europe. Taking part in a study brings your IVF drug costs to zero, with generally no risk.

Finding Fertility Drug Bargains Safely -  Don't go snapping up the cheapest drugs you can find on the internet...This tip is more about how to say safe while still saving money.

If any of those options sound unfamiliar to you, go ahead and read that article! You just might save yourself a couple hundred bucks!

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