New options in fertility financing

On February 23, 2016 in Family Life & Health

New options in fertility financing

shutterstock_362617526Interested in growing your family? Some women are waiting longer before they have babies, others may have medical issues that have made pregnancy a challenge. The good news is that the science of in-vitro fertilization (IVF) continues to advance, providing exciting new fertility financing options to many more families. While costs are still a concern, demand for fertilization help has grown, as reported by CBS MoneyWatch:

“Not everyone has insurance that will cover all or even some of cost of IVF and other fertility treatments, putting women and couples on the hook for thousands in medical costs. With women waiting longer than ever to have children, demand for IVF has been growing, reaching a record number of women using the treatment to get pregnant.”

Some financial institutions, including LightStream, are stepping up to help families who want to take advantage of medical advances in fertilization, says MoneyWatch:

“The market for fertility loans is expanding, said Todd Nelson, business development officer at LightStream. ‘We are seeing more demand this year than last,’ Nelson told CBS MoneyWatch. “It’s both the fact that many consumers don’t have insurance that will cover full cost of treatment, and that our loan, because of its flexibility, allows them to choose the physician of their choice. Sometimes insurance plans will restrict that option.”

See the entire CBS MoneyWatch story on fertility financing here.