Understanding IVF Costs and How to Make it More Affordable in 2024

Navigating the financial aspects of in vitro fertilization (IVF) can sometimes feel as complex as the treatment itself. However, taking the time to thoroughly research and understand your options can help you lower costs. Before beginning IVF, it's advisable to discuss options with your doctor or financial professionals. Additionally, many fertility clinics offer programs, such as those provided by Bundl, a unique multi-cycle fertility treatment financial program.

Accounting for Potential IVF Expenses

The cost of IVF is dependent on every individual’s unique situation, making it somewhat difficult to predict. In general, the cost typically ranges between $12,000-$15,000 per cycle. There may also be additional expenses for factors like fertility medications, third-party reproduction, genetic testing, and others. Furthermore, it’s not uncommon for aspiring parents to require multiple treatment cycles, as only some patients successfully conceive on their first IVF attempt. Unfortunately, budgeting for multiple IVF cycles is not something that many aspiring parents consider when first approaching their finances for fertility care.

Insurance for Fertility Care

In some cases, aspiring parents may have health insurance that covers some or all of the costs associated with fertility treatments. However, for most, their insurance won’t cover much, if anything at all. Only a few states have insurance code laws with stipulations about fertility care, and those insurance codes can often be complicated or have extensive requirements to qualify for coverage. Some companies now offer fertility care benefits regardless of state legalities, but most do not. To understand your specific fertility care insurance coverage, it’s crucial to speak with your insurance provider.

The Unexpected Costs of Fertility Medications

Even with meticulous financial planning and insurance, the costs associated with fertility treatments can often catch individuals by surprise, particularly when it comes to medications used in IVF and intrauterine insemination (IUI). These medications, vital for stimulating egg production and embryonic implantation, can add significant expenses to an already expensive treatment. On average, fertility medications can cost anywhere between $3,000 to $7,000+.

The Benefits of Multi-Cycle Packages

One way to remove some of the uncertainty of IVF costs is to work with a multi-cycle package, such as those offered by Bundl. Bundl’s multi-cycle plans work by combining multiple fertility treatment cycles into a single package at a discounted cost. These plans are designed with flexibility in mind and offer several benefits, including:

• Shared risk protection guarantees that offer financial protection in case treatment is not successful
• Options for aspiring parents who achieve success during their first treatment cycle
• Customizable add-ons, such as preimplantation genetic testing for aneuploidies (PGT-A); this test improves your chances of success by identifying embryos that have the correct number of chromosomes
• Special pricing for donor eggs through MyEggBank
• Options for 2 or 3 IVF cycles
• Options for aspiring parents who are doing IUI

Our most popular package is the BUNDL with Medications™ package. Through our partnership with InspireRx™, a specialty online fertility pharmacy program, we make it possible for aspiring parents to consolidate treatment and medication costs into one plan with the backing of a financial guarantee. The package includes:

• 2-3 cycles of treatment
• Medication costs
• A financial guarantee with up to a 100% refund
• The offering can be paired with programs, including BUNDL Guard, which offers the assurance that if you are not successful, you’ll receive 100% of your principal investment back.

The biggest benefit of working with a Bundl multi-cycle plan is that it offers some peace of mind while you focus on what really matters – your family-building journey.

While the financial aspects of IVF can be complex, there are steps you can take to make it more affordable. Researching your options, discussing cost-cutting measures with professionals, and exploring clinic incentives like Bundl's fertility treatment financial program can help alleviate some of the financial burdens associated with IVF. If you have questions about financing, we invite you to connect with a Bundl expert today.