Financial barriers are often what deters people from seeking fertility treatment. At Halo Fertility, we strongly believe that fertility treatment should be accessible to everyone who needs them, and we offer a number of fertility financing options.

Financial Barriers: The Scope of the Problem

The American Society of Reproductive Medicine recognizes the ability to build a family as a basic human right, yet Americans by and large do not have adequate access to fertility treatments to help them build their families.

One of the biggest financial barriers to fertility treatment is lack of insurance coverage. Most insurance companies don’t cover any fertility treatments, some only cover diagnostic testing, while others cover a limited number of services. That means most patients must pay out of pocket for fertility treatment.

Racial minorities, the LGBTQ+ community, people with disabilities, people with lower incomes, and residents in rural areas are also less likely to be able to access fertility treatments. 

While there is sadly no solution on the horizon to make fertility care accessible to everyone, fertility financing options, like those below, can help. 

Insurance

Encouragingly, the number of insurance companies offering some kind of coverage for fertility treatment is growing. If you’re interested in pursuing fertility treatment, we encourage you to check whether your insurance company offers coverage and what services it includes. 

At Halo Fertility, our incredible office manager and financial coordinator Nancy has 16 years of experience helping patients maximize their insurance benefits and find solutions to finance their fertility treatment. We encourage you to set up a financial consultation with Nancy if you need help deciphering your insurance coverage. 

Grants

While limited in scope, organizational grants are available to help some people access fertility treatments. Each organization has specific criteria that you must meet in order to apply for a grant. You may need to live in a specific geographic area, have a certain relationship status, meet citizenship requirements, or be a member of a particular religious group.

Crowdfunding

Some people choose to start a crowdfunding fundraiser to help pay for their fertility treatments. The success of this approach varies widely, depending on your network of family and friends. 

If you have particularly supportive family and friends who can afford to contribute, crowdfunding may work well, but this is probably not a good option if you’re not comfortable sharing your fertility journey.

HSA or FSA

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are another option for some patients to finance their fertility treatments. HSAs and FSAs allow you to save money tax-free provided the money is used for specific purposes. If you have an HSA or FSA, check whether you’re able to use your account to pay for fertility treatments.

Credit Cards

Credit cards provide another avenue to pay for your fertility treatments. However, it’s easy to rack up a lot of interest on credit cards, so make sure you understand the terms before charging large amounts. 

You may be able to take advantage of low introductory APRS offered by some credit cards. Other cards, like CareCredit, are designed for healthcare use and allow you to finance treatment without interest if you pay off your balance within a certain number of months. 

Loans and Payment Plans

Finally, many patients use loans or payment plans to pay for fertility treatment. These may be loans from family members, private loans through banks and loan companies, or exclusive in-house payment plans like the ones offered at Halo Fertility.

It’s important to always understand the terms of your loan. And if you borrow from family or friends, it’s a good idea to draw up a formal agreement to protect your relationship and avoid hurt feelings in the future. 

Halo Fertility’s In-House Payment Program

At Halo Fertility, we offer an in-house loan option that allows you to make affordable payments for 6, 12, or 24 months. We also offer 0% financing to qualified applicants.

Anyone can apply for our in-house payment program, and we make applying as easy as possible. Best of all, there’s no impact on your credit score. Make sure to ask about all of your financing options when making your appointment at Halo Fertility.

If you’re interested in applying for our in-house fertility financing options, talk to our financial coordinator who will email you a link to sign up.

Once you’re  pre-approved, you can choose the loan terms and payment plan that work best for you. We offer six, 12, or 24-month finance periods. As soon as your loan terms are approved, the funds are released, and you’re ready to begin treatment!

Finding the Right Fertility Financing Option

The Halo teams work hard to make fertility treatments as accessible as possible for our patients, and we can help you find options that work for you–whether that means reaching out to your insurance company to help maximize your benefits, helping you through the loan application process, or helping you choose more affordable treatments. 

While we can’t guarantee that you’ll be approved for our in-house payment program, we can offer you a complimentary benefits check before your initial consultation.

Contact us online or call (323) 879-7171 to set up a financial consultation with Dr. Macer and his team.