To be able to afford an in-vitro fertilization treatment, all of your possible financial sources should be considered, make some changes on your lifestyle, seek out and avail of loans for infertility treatments, participate in IVF research trials, and look for clinics that offer more reasonable rates abroad.
Many couples encounter problems in having a child and infertility issues. For some couples, in-vitro fertilization (IVF) treatment is the only hope to bear a child. But, apart from deciding whether IVF is right for you; paying for the total ivf cost is another thing that you must also be concerned about. This medical treatment could easily reach up to thousands of dollars per cycle. However, you should not be discouraged with the huge amount of expenses involved in IVF treatment because with some helpful tips, you might be able to actually afford it.
Examine all probable financial sources available
Review all of the sources of financing you have available. These may include savings, borrowing money from your parents and other relatives, selling stocks or using credit cards with low interest rates. Do an inventory of all your available options and write their corresponding amounts as well as the probable consequences you may get with each.
Make some changes on your lifestyle
Take a long look at your current lifestyle and make some cutbacks to earn extra money. Identify any expensive and impractical habits you have and quit these in order to save money. It may add up to a considerable amount if you save money by sacrificing things such as manicures, expensive coffee breaks and gourmet meals. You can search for unnecessary items in your garage, attic, or your closets. You can sell these items online or conduct a yard sale. You can also look into current loans you are paying to see if you can refinance at more affordable rates.
Search for infertility treatment loans
There are some financial institutions that offer loans especially for people who are planning to undergo infertility treatments. Conduct your own research and you just might find one with an affordable interest rate or with payments that can be spread over a reasonable period of time.
Participate in IVF research trials
Some research groups or clinics offer free IVF treatments in exchange for your participation in treatment-related research. You may find offers advertised on the Internet. Usually these groups provide trials to assess whether a patient qualifies for the treatment and if you qualify you might be able to avail yourself of free IVF treatment.
Find clinics abroad that offer more affordable rates
You may consider having the IVF treatments in clinics abroad because some of them offer quality service but in a more affordable rate. Though you may find this practice quite impractical and extreme, but it is actually common nowadays. Look into fertility clinics in places such as India, Barbados, South Africa, and throughout Europe. Despite the costs in traveling, you can still save a substantial sum of money at the same time enjoy a great vacation abroad.
For couples who cannot conceive on their own, IVF is a popular alternative, yet this option requires them to be diligent and responsible.