Hello, my name is Gregory. When I was a young lad, I had to enter the health care world in an unexpected way. I developed a serious disease out of the blue that took doctors by surprise. I went through so many different testing procedures before my doctors could diagnose the rare disease. Everyone around me reeled as they tried to understand the purpose and process of the diagnostic tests. I hope to help others understand these important tests better through this website. Please come by often to learn all you need to know about medical diagnostics and working closely with health care professionals.
If you are having conception issues and want to explore your fertility treatment options but aren't sure how you will cover the steep costs, then these tips will give you some ideas to start with.
Tip: Read Your Health Insurance Policy's Fine Print
As with many other elective medical procedures, infertility testing and treatments have a wide variety of different coverage levels in standard health insurance policies. Since some things will likely be covered while others won't be, the first thing you should do before seeing your doctor is to check your coverage. Arming yourself with this knowledge will allow you to discuss the options you can afford with your physician.
If you discover your employer's health insurance policy doesn't cover infertility issues and you don't love your job, then it may make sense to see if you can find an employer with better coverage before starting the infertility treatment process.
Tip: Use a Low-Interest Home Equity Line of Credit (HELOC) or Zero-Percent Interest Credit Card
If your health insurance policy isn't adequate and you will need to pay for your infertility treatment out-of-pocket, then using a zero-percent interest credit card or low-interest rate HELOC loan are both viable options. For lower cost treatments, a zero-percent card will typically give you a year or more to pay off the balance and that is doable. However, if your treatment is expected to be lengthy or requires extra-expensive medications, then using a HELOC loan will give you the best interest rate. Since HELOC loans place a lien against your property just as a mortgage does, the interest rates are very competitive.
Tip: Compare Infertility Treatment Financing Options
If you do not own your own home or have an excellent credit rating to land you a zero-percent interest credit card, then there are some specialty infertility treatment loans and grants you can apply for. If you choose to go this route, do a lot of research online and compare all of your options side-by-side to ensure you get the best repayment terms and interest rate possible.
Tip: Consider a Fundraising Option
Since having a baby is very important to many people, fundraising to pay for infertility treatment is often a very successful option. Whether you choose to use a crowdfunding website or host a local event, a fundraising situation allows all of your interested friends and family to help you with this important part of your life.
For more information, reach out to a company like the baby quest foundation.