As Geri Diaz approached her thirty fourth birthday, she knew she wished to make just a few extra strikes in her profession earlier than turning into a mother. She had been fascinated about egg freezing for over a yr.
“I wasn’t in a relationship so I wished to take the strain of getting youngsters off my plate,” says Diaz, a senior academic marketing consultant in New York. Prompted by associates that had their eggs frozen, she determined to analysis fertility preservation clinics.
In 2022, Diaz discovered a clinic with a excessive success price for wholesome births from frozen eggs. The clinic additionally supplied financing for the egg-freezing process, an vital consideration for Diaz that helped her resolve to maneuver ahead.
Diaz is amongst a rising variety of millennials who’re selecting to freeze their eggs. In accordance with the Society for Assisted Reproductive Know-how, near 16,000 egg-freezing cycles had been completed in 2019 — an nearly 90% improve since 2016 — and specialists predict that quantity will proceed to extend. However egg freezing is expensive, and the method may be daunting.
This is what to know concerning the egg-freezing process, what it prices and methods to pay for it.
Demystifying the egg-freezing course of
Oocyte cryopreservation, or egg freezing, is a technique to protect fertility at a time when eggs could also be at their healthiest. It may possibly assist those that wish to delay being pregnant for private causes in addition to these going via medical therapies that cut back fertility sooner or later.
The method includes medicines that stimulate the ovaries for egg improvement over a 10- to 14-day cycle. This stage can require a number of clinic visits to make sure the egg follicles’ development is on observe.
As soon as the eggs have developed, wholesome eggs are faraway from the ovaries and instantly flash frozen and saved. In accordance with the Texas Fertility Middle, most girls freeze their eggs for 5 to 10 years.
Egg freezing doesn’t assure that each one the eggs shall be wholesome sufficient to become an embryo. Sufferers may must undergo the method greater than as soon as, and success charges lower as they become older. The next variety of eggs retrieved can improve the possibilities of success for a wholesome dwell start.
Alexa Silva, a 34-year-old lease administration supervisor in Dallas, just lately began her egg-freezing journey. “If I by no means get married, I do not need that to cease me from having youngsters as a result of I wish to be a mom so I am investing in my future proper now. That is thrilling.”
How a lot does it price to freeze eggs?
The whole price of a single egg-freezing cycle varies relying on the fertility clinic and the affected person’s wants, however usually ranges from $15,000 to $20,000. This consists of egg retrieval, pre- and post-procedure consultations, medicines and storage for 5 years. The eventual prices of thawing and fertilizing the eggs are separate.
Many fertility clinics present financing plans to assist pay for the egg retrieval process. The plans don’t at all times cowl the preliminary session, annual storage charges and medicine.
Treatment is usually the next-largest expense after the price of the process, starting from $2,000 to $6,000. This consists of fertility treatment and antibiotics after egg retrieval. Diaz says she paid round $4,400 for treatment over the course of a month — prices that weren’t included in her financing plan.
Other than the monetary price, many sufferers expertise a bodily toll.
“I did not know what it will take out of me,” says Diaz. “It is nearly like for the whole month of September, I used to be simply out of fee. You’re mainly going to be homebound.”
Diaz is now on the opposite aspect of the egg retrieval course of and feels relieved.
“There’s this big strain to carry out in your 30s, and I do not really feel the strain to place my profession to the aspect anymore. I believe mentally and bodily and even career-wise, I simply really feel a lot, a lot better proper now.”
Financing choices for egg freezing
Listed below are widespread choices to contemplate for financing an egg-freezing process.
Insurance coverage protection
In accordance with Mercer Well being, a global well being and advantages consulting agency, employers are more and more providing well being plans that cowl fertility therapies — together with egg freezing. Silva’s employer just lately added protection for egg freezing with no need a particular prognosis. This helped spur Silva’s resolution to maneuver ahead with the process this yr.
Many fertility clinics accomplice with financing firms that provide fee plans to shoppers. These plans usually have mounted month-to-month funds paid over one to 5 years, typically with no curiosity. Future Household, a fertility financing supplier that works with fertility clinics, provides loans for egg-freezing procedures.
“I believe that it is vital to look via all the financing stuff to just remember to’re getting charged the suitable issues and that you simply perceive the phrases of the settlement,” Diaz says.
Some clinics work straight with private mortgage lenders that may finance the process. The NYU Langone Fertility Middle and the Pacific Fertility Middle based mostly in San Francisco each accomplice with on-line lender LendingClub to supply fertility loans to sufferers.
Private loans are usually unsecured, with charges from 6% to 36%, relying on a borrower’s credit score and earnings. They’re accessible at some banks and credit score unions, along with on-line lenders. Repayments are month-to-month, usually over two to seven years. On-line private mortgage lenders like SoFi, Uncover and Prosper provide private loans that can be utilized for fertility therapies.
Particular person financial savings may be an interest-free approach to pay for egg-freezing prices. Silva used cash she’d been saving for years towards her deductible and the prices not coated by insurance coverage, like medicines. If she may return in time, she says she would have began saving earlier.
“I believe that it is best to look into it earlier slightly than later and at the least begin making a plan or getting some ideas in your head about it,” she says. “That may be my recommendation to youthful ladies within the skilled world.”
Method the prices as an funding
Egg freezing isn’t a assure. Success charges range throughout clinics, and never all eggs result in being pregnant. The excessive price can be a barrier for many individuals.
Each Diaz and Silva take a look at egg freezing as an funding of their current, in addition to their household targets down the road. Silva highlighted the psychological and emotional aid she felt after freezing her eggs.
“I’m in a relationship and that is going effectively, however I do not wish to have that strain of deadlines. It is simply good peace of thoughts and likewise takes the strain off of relationships in order that they will evolve how they evolve.”