Dec 03, 2020

How much does IVF cost?

If you have decided IVF is the right option for you to have a baby, you are probably wondering how much IVF costs. We get it--it’s a big decision mentally, physically, and financially, but we’re here to help break down the costs so you know what to expect. We also offer you a few questions you should ask or research, so you can start your fertility treatments with peace of mind that you are making the best decision financially.

What is the cost of IVF in 2020?

In 2020 the average cost of one cycle of IVF was $10,000-$15,000. On top of that, there is the cost of medications which can run around $7,000-$10,000, as well as any unique needs that you may have.

After your diagnostic at the fertility clinic - a series of tests you’ll take to figure out what fertility treatment will be best for you - you will likely be presented with a long and expensive list of procedures, tests and treatments. It’s totally natural to feel a bit intimidated and overwhelmed by all of this information. So, we wanted to demystify some of this by breaking down what all of these costs and procedures actually mean.

Here is an example of what one average IVF cycle could look like:

IVF Prep Costs:

  • Initial fertility consultation with a doctor ($1,000-$2,000): This initial consultation will involve a series of tests to determine the kind of treatment that will work best for you.
  • Initial blood work and ultrasound ($500 per person): Blood work is important to gauge critical hormone levels for conceiving a child in both partners.
  • IVF medications ($7,000-$10,000): Prescription medications are a routine and normal part of any IVF journey to improve your chances of IVF.
  • Follow up blood work ($500): Follow up blood work is needed to determine how the initial medications are working.

Embryo Costs:

  • Egg retrieval ($2,440): A 30-minute procedure in which your eggs are removed and then stored.
  • Anesthesia ($400): To ensure that you feel no pain during the egg retrieval process you will receive anesthesia intravenously.
  • Intracytoplasmic Sperm Injection (ICSI) ($2,000): ICSI is a special procedure where one sperm cell is injected directly into an egg for a better chance of a healthy embryo forming.
  • Embryo biopsy ($1,650): This procedure provides key info about the genetic makeup of your fertilized egg to determine the probability of a healthy baby.
  • NexCCS genetic testing ($3,950): This test actually scans the cells of an embryo to ensure that it has all 23 pairs of chromosomes.
  • Embryo freezing ($1,800): The embryo is frozen for easier transfer.

And most crucial last step:

  • Embryo transfer ($3,000-$5,000): This is the final stage of the IVF process when the embryo is placed into the uterus through a catheter, which passes through the vagina and cervix.

We know this list can seem a bit overwhelming at first, but it’s important to remember that everyone has a different IVF journey based on things like your age, the health of the sperm you are using, and your personal health history. So naturally, the cost of IVF varies quite a bit from person to person based on their individual circumstances.

If you are considering moving forward with IVF but aren’t sure about how to figure out the financial estimate, we offer you the following three tips to help you make the best financial decision you can:

Tip #1: Check your insurance to see if they cover fertility treatments

Currently, there are 16 states that require insurance to cover some of the cost of fertility treatments, but there isn’t a clear definition of what that coverage includes. For example, of those 16 states, only six cover male assessment or treatment. While many insurance plans may cover some of the first rounds of IVF, they may not cover subsequent rounds.

To get an idea of what is specifically covered under your insurance it’s a good idea to take the list outlined above and review it with your benefits administrator.

Tip #2: Ask your fertility doctor about what medications you will need

One of the “hidden costs” of IVF in 2020 is medications. Depending on your assessment and plan, you will be prescribed some fertility medications. These medications are a necessary part of the process and ensure that you’ll have a healthy and safe IVF journey. Unfortunately, they can be a bit pricey...ok, really pricey, like $7,000-$10,000 pricey. Unfortunately, these medications are often not covered by fertility treatment insurance, which can be frustrating and stressful.

Tip #3: Research which is the best way for you to pay for IVF

Unfortunately, many people decide against IVF simply because it seems financially impossible. You don’t have to wait until you’ve saved $20,000 to start IVF. With a little research, you can find great alternatives that can save you money in the long run.

Up until recently, there haven’t been a lot of financing options to cover the cost of IVF. Most people (54%) just paid with a credit card and took on the 20% interest rate. You can find out more about different ways to pay for IVF in this article.

Future Family has low-interest fertility loans that make paying for your fertility treatments much easier. Not only do we help spread out the cost of your treatment to make IVF more accessible, we also consolidate all of your bills into one simple payment so you have less to keep track of during an already intense period. Future Family IVF plans start around $300 to $475 a month. We even have a special loan called the Friends & Family Plan that allows a loved one--whether it be a family member or dear friend take out a fertility loan on your behalf.

On top of that, we’re in your corner. Every plan comes with support from our Fertility Coaches, who are all registered nurses with five-plus years of healthcare experience. They’re here to answer your questions during treatment so we’re with you every step of the way.

The takeaway:

The cost of IVF in 2020 may seem high, but there are ways to make it happen with the right IVF financial planning. Financing IVF should not prevent anyone from being able to have the family they deserve. Get started on your family with help from Future Family. Do not put yourself through years of trying to pay off credit cards and high-interest loans. Apply today and get the help you need to get started.

Learn how Future
Family can help you

Flexible financing plans and dedicated support for IVF and egg freezing