finance.yahoo.com 15 hours ago URGENCY: 6/10
Half of US Employers Now Cover IVF: Are You Aware?
Half of large U.S. employers now offer IVF coverage, yet many employees remain unaware. This lack of knowledge could cost workers thousands per cycle, highlighting a critical gap in fertility benefits.
Understanding IVF Coverage Gaps
Recent data reveals that approximately 50% of large U.S. employers provide IVF coverage, a significant increase from just 22% in 2019. Despite this progress, many employees are unaware of their benefits, which can lead to substantial out-of-pocket expenses. The average cost of a single IVF cycle in the U.S. is around $23,474, and without coverage, families could face financial strain.
- Key points to consider:
- 15 states and Washington, D.C. mandate IVF coverage.
- Self-funded employer plans may not be subject to these mandates.
- Many employees may not realize they have access to fertility benefits.