Navigating the Cost of IVF: Finances and Available Resources
For many, the journey to parenthood through IVF can feel exhausting—not only emotionally and physically but financially. The cost of fertility treatments, particularly IVF, can be a barrier for some, but with planning and access to resources, the dream of having a family can be within reach.
The total cost of an IVF cycle varies depending on the clinic, location, and specific treatments required. On average, a single cycle can range from $10,000 to $15,000 in Canada and the U.S., excluding additional costs like medications, genetic testing, or freezing embryos for future use.
Here are a few things to consider:
Base costs: Typically cover procedures like egg retrieval, fertilization, and embryo transfer.
Medications: Hormonal treatments can add $3,000–$5,000 per cycle.
Additional services: Preimplantation genetic testing, embryo storage, or donor materials may require extra fees.
Resources
Understand Your Insurance Coverage Check whether your health insurance includes any fertility benefits. While coverage for IVF is limited in the U.S., some states mandate insurers to cover certain aspects of fertility care. In Canada, resources such as Sprout Family can help you estimate how much your costs will be.
Fertility Financing Programs Companies like Prosper Healthcare Lending and CapexMD specialize in fertility loans with flexible terms. Some clinics partner with these providers to offer financing options.
Employer Benefits An increasing number of employers include fertility benefits in their healthcare plans. Companies like Google, Facebook, and Starbucks offer IVF coverage to their employees. If you’re job hunting, consider this as a factor in your decision.
Tax Deductions In the U.S., IVF costs may qualify as a medical expense deduction if they exceed 7.5% of your adjusted gross income. Keep detailed records of your expenses, including travel and lodging for out-of-town treatments. In Canada, it’s considered an eligible tax-deductible medical expense.
The financial aspect of fertility treatment can feel overwhelming. But with a plan in place and support from grants, financing, or even community contributions, navigating this path becomes a little easier. Your dream of parenthood is worth the effort—and the investment.