If borrowing money to pay for IVF treatment sounds preposterous, it’s easy to see why these loans are necessary when you consider the costs of IVF treatment. According to Bob Huff, Chief information officer for Reproductive Medicine Associates of Texas, the average price tag for a single cycle of IVF treatment typically runs in the $12,000-$14,000 range.
Keep in mind though, not everyone gets pregnant during their first cycle of treatment — or at all. Huff says it’s all very much dependent on how young you are and how lucky you get throughout the process.
Huff says those who pursue IVF treatment should usually plan to complete and pay for at least two cycles, although there’s no way one can predict how many cycles any woman will need.
While $12,000-$14,000 is a solid average range for a cycle of IVF, Claire Tomkins, the CEO & co-founder of fertility resource Future Family, says clinic costs do vary substantially. There are added costs that not everyone thinks about, too. When you add in the price people pay for medicine and lab work, a cycle of IVF can easily surge to $20,000.
Both Tomkins and Huff note that the costs of a cycle of IVF treatment with all the extras usually falls somewhere in the ranges below:
Huff notes that many patients get sticker shock when they find out just how much their medicine costs. And the issue is further exacerbated by the fact that the type of medicine a person needs to take is unpredictable and dependent on the client’s age and treatment options their provider selects.
Most patients are left to try and shop for medications on their own which can range wildly from $2,000-$6,000 per treatment cycle and can vary from pharmacy to pharmacy. If a patient does have insurance benefits, the pharmacy costs alone can meet their policy maximums for infertility treatment.
Then again, the expenses listed above don’t encompass everything you may need to pay for. You may also need genetic testing, says Tomkins, which can cost an additional $5,000-$7,000 as part of the IVF treatment process. “Someone might do genetic testing to see if their embryos are healthy,” says Tomkins. “It can help you check to see if you’re transferring a genetically normal embryo.”
Since genetic abnormalities are the biggest cause of miscarriage, this type of testing can give families a greater chance at success.
When pricing out the costs of IVF, Tomkins says you should consider your all-in costs above all else.
“That’s what you’re actually paying,” she says. So, don’t price out the costs of an IVF treatment cycle without considering the price of any medicines you’ll take and whether or not you need genetic testing, she says. By asking about every potential expense you might face, you’ll be in the best position to borrow exactly what you need.