Infertility is a common issue. But it’s not just a problem with women as men, too, have fertility problems. The need for fertility aid is high. However, the costs of fertility treatments are pricy. To many, they are inaccessible. If you’re considering undergoing fertility treatment, this post will tell you the best fertility insurance to sign up for.
Let’s keep digging.
What is the Best Fertility Insurance?
The best fertility insurance depends on your preference. But you need to consider the following factors:
- The reputation of the company
In other words, when choosing the best fertility insurance, you need to opt for a policy with an expansive network and solid coverage for infertility services and being offered by an insurer with an excellent reputation.
It must be available in at least 50 states.
One of the best options for fertility insurance is United Healthcare. Its network is vast with over 1.3 million doctors and more than 6,500 hospitals.
When it comes to financial stability, it has an A rating.
It has a basic plan with a deductible of $3,600. The maximum out-of-pocket cost is $5,000. To obtain one of its plans, though, you need to wait for an enrollment period.
Since it’s a marketplace plan, the coverage doesn’t max out. And if you have a pre-existing medical condition, the insurer can’t exclude you. Furthermore, it has no upper age limits.
The coverage includes insemination procedures, infertility diagnosis, and procedures to treat infertility because of a physical issue.
However, United Healthcare fertility insurance doesn’t include cryopreservation of the fertilized embryos, host uterus, ovum transplants, sperm bank charges, and donor eggs.
Before you sign up, though, make sure to check its documentation.
If you’re on a tight budget, Cigna offers affordable fertility insurance. It has economical pricing with a large provider network. It covers testing to know the reason you’re infertile.
Cigna covers elective egg freezing and storage.
See Also: What Insurance Covers IVF?
What is the Use of Fertility Insurance?
Fertility insurance is ideal if you need fertility treatments. If you struggle to become pregnant because you have an infertility issue, are in a same-sex relationship, or are single, then having this coverage can help you cover the cost of conceiving a child.
The coverage will depend on the policy and the location. You need to check the policy and read it thoroughly before you sign up. Most policies cover medicines to encourage regular ovulation or use hormones to stimulate ovulation.
Some policies may also pay for surgery to remove a block in the uterus or fallopian times. In men, fertility insurance may pay for a surgical procedure that corrects blockage in the epididymis.
The laws that govern fertility insurance can be complicated. They are different in every state.
If you’re searching for the best fertility insurance, make sure to study the state laws in your location and the coverage you wish to obtain. This insurer also provides a Health Rewards program, such as discounts on wellness programs.
However, no policy includes reverse voluntary sterilization, surrogate fees, and ovulation, among others.
See Also: Health Insurance with Hospital Cover
How Much Does It Cost to Obtain Fertility Insurance?
Fertility insurance is like a general health insurance policy. It means that there are associated costs when you obtain one.
For instance, your monthly premium may start at $300 per month. But if you want to obtain extensive coverage, you must be willing to pay $2,000 a month.
When you undergo a covered fertility treatment, you have to contribute to the cost. For instance, you need to pay a $25 copay when you visit a fertility doctor.
This type of insurance also has a deductible that you need to meet before the policy starts to pay. Some policies have a zero deductible. However, the monthly premium can be costly.
However, if you have a basic policy, you can expect to pay $7,000 deducible before your policy starts to cover the cost.
Can A Health Insurance Provider Deny You Coverage?
The Affordable Care Act prohibits health insurance providers from denying anyone coverage because of pre-existing health conditions. In that case, you can’t be denied coverage for health reasons.
However, this rule doesn’t apply to short-term health insurance. If you purchase a short-term plan, you can be denied coverage because of your pre-existing condition.
Can You Purchase Just Fertility Insurance?
Generally, this type of coverage is offered through a regular health plan. If you buy a health plan through the marketplace, you can pick a policy with fertility services.
You can also purchase a separate health insurance policy through the marketplace that offers full coverage but with better coverage for treatments.
Picking the best fertility insurance may be time-consuming. Just like choosing general health insurance, you need to study your options carefully. In this way, you can pick a policy that covers the treatments you need to help you conceive.