The High Cost of Trying To Conceive


We all know how expensive it is to raise a child these days, but for some people the cost comes even before the child is born. It’s all because of infertility. The problem can drain your bank account if you decide you truly want a biological child. But don’t worry, there are some companies out there banking on your problem and they are ready to give you a helping hand with what’s being dubbed “fertility finance.”

Many couples put all their hopes and dollars into in vitro fertilization. That process can top twenty thousand dollars for just one round and there’s no guarantee it will even work. In case you didn’t know, many insurance companies don’t cover one cent of it.  A recent Wall St. Journal article says that more and more companies are teaming up with doctors to make loans for in vitro and other infertility treatments. It’s all due to the problems traditional lenders have had lately. These loans can come with interest rates as high as 22 percent, leaving childless couples who may have few resources with a tough decision.  Do you opt for one of these loans, try to scrounge up other means to pay for the treatments, or choose adoption?

Let’s tackle the answer by getting to the root of the problem. As I see it, insurance companies need to treat infertility as a true medical condition, and not like Botox or liposuction. People who struggle with infertility are having real problems with their bodies, just like people who are dealing with other medical issues such as diabetes or heart disease. Whatever is going on inside is making it difficult for them to do something they should be able to do naturally.

What’s unnatural is mortgaging your life away to pay for IVF. If insurance companies would just cover some of the costs, couples wouldn’t have to resort to “fertility financing” or other means just to have a child of their own. One problem is just feeding into another, and these companies are laughing all the way to the bank. They are simply preying on people’s vulnerabilities. It’s a shame.

Should insurance companies pay for some infertility costs? Is it right for companies to cash in on “fertility financing”? Where do you stand?