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Financial preparations to make ahead of freezing your eggs

On Behalf of | Sep 3, 2022 | Family Formation, Family Law |

Freezing your eggs in Virginia expands your options and gives you more time to figure out when and how you want to create a family. While the process may prove costly, it is often less expensive to freeze your eggs early on than it would be further down the line. The younger you are when do decide to freeze your eggs, the better the chances of your embryos proving viable.

Per Money, the number of women freezing their eggs in 2018 rose 118% from five years prior. Also, a single cycle of egg freezing and the associated medications that come with it cost somewhere between about $8,000 and $15,000. Taking the following steps might help you prepare financially to make the necessary investment involved in freezing your eggs and, ultimately, having a baby.

Ask your health care insurance provider

Not all insurers cover egg freezing or other fertility treatments, but you are not going to know if yours does unless you ask. The same holds true if your romantic partner has a different insurance plan and you appear as a spouse or domestic partner on the insurance policy.

Research facilities that offer payment plans

For many women looking to expand their families, the upfront costs are too much. However, you may be able to find an egg-freezing clinic that allows you to make payments over time to lessen the financial burden. Some clinics even have programs in place that might let you free your eggs without charge if you donate some of them to someone else whose eggs are not usable.

You may also want to consider asking your employer if it offers any fertility benefits and creating a separate savings account to use exclusively for this purpose to help come up with enough money to move forward with freezing your eggs.