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In Vitro Fertilization (IVF) is a procedure where the eggs and sperm are combined in a laboratory vessel and fertilized. IVF is a boon for women who face difficulty in conceiving naturally and even patients from other countries seek out this treatment in India as it is a lot more cost-friendly here compared to their nations. Not all hospitals provide insurance coverage for IVF treatments in India but there are a few that do.
Cost of IVF Procedure in India
The cost of IVF procedure in India varies anywhere from Rs. 1 lac to Rs. 2.5 lacs and it depends on the hospital you’re receiving the treatment from, the IVF specialists who are in charge, and your health condition overall. Here’s a brief outline of the rates based on what is available currently.
|Type of Treatment||Success Rate||Price|
|IVF||Low to Normal||Rs 1 lac to 1.4 Lacs|
|IVF||Medium||Rs 1.3 lacs to 2 Lacs|
|IVF||High||Rs 2 lacs to 2.4 Lacs|
Do General Health Insurance Policies in India Cover the IVF Procedure?
No. Usually, the general health insurance policies in India do not cover for IVF procedures. However, there are a few health insurance policies that do. The only general health insurance policy that provides IVF cover and is available to women of different financial statuses is the BMB Nirbhaya scheme launched jointly by the Bhartiya Mahila Bank. Women can avail cashless facility with this cover and the maternity coverage is available for up to the first two children.
In general, most health insurance covers which include an IVF cover take care of hormone assessment and basic medical testing costs, OT expenses, and anaesthetic plus procedure charges. Medicines which are prescribed to the patient are paid for separately in most cases. What makes IVF treatment in India appealing to internationals is the cost. In countries like the U.S. and Canada, the same treatment could cost more than USD 10,000, which makes the 2.5 lac upper limit much more affordable to them. Besides this, IVF treatment plans have boomed since the introduction of surrogacy pregnancy back in 2002. Many health insurance companies do not include an IVF cover in their general health insurance policies, but as the awareness and demand for IVF is growing, which signifies a positive outlook for the future.
Insurance Policies in India Which Cover IVF and Other Fertility Treatments
Opting for health insurance coverage for IVF in India is not only a smart move but something that’ll save you money down the line. Below is a list of health insurance policies that cover for IVF and similar kinds of fertility treatments:
1. One Health by Magma HDI Insurance
Magma HDI is a general health insurance company. They have four plans – support, support plus, shield, and premium. Their plans let you add more covers while some of these are built-in. Key benefits of their infertility treatment insurance coverage in India include pre and post-hospitalization expenses, IVF treatment, free annual health checkups and more. If you’re not happy with their plans, you can cancel them within 15 days and get a total refund quickly. The sum insured for their support plan which is a basic cover starts at Rs 2 lacs while additional covers when included in the same plan may bring up the cost up to Rs 5 lacs maximum. There is a co-pay option of 10% to 20% of the amount as well on their covers where the tenure lasts between 1 to 3 years.
For most treatments, there is an initial waiting period of up to 30 days applicable to patients.
2. IVF Suraksha by Craft Hospital and Research Center
IVF Suraksha Scheme is one of the best IVF covers available for women since it uses state-of-the-art technologies for treatment. The cover claims to give a full refund if the results of the treatment don’t yield positive. You pay an insured sum of Rs 2.75 lacs and it covers two IVF -ICSI, up to five embryo transfers, blastocyst transfer, and assisted hatching and freezing of any additional embryos involved.
For a single IVF-ICSI, the treatment under the scheme starts at Rs 1.75 lacs but for subsequent treatments, the cost goes up to Rs 3.5 Lacs. However, once you sign up for the scheme you have to pay just Rs 2.75 lacs for the treatment costs instead of the 3.5 lacs, thus saving you money. The success rate for their treatments is high, going up to 75% and couples will have to undergo a physical fitness test prior to availing their schemes. What their membership does not cover are the costs involved in the event of a miscarriage, hormone injections and medication payments, tubal pregnancy, and the fees required for the registration, consultation, and lab tests.
3. Bhartiya Mahila Bank and New India Insurance (BMB Nirbhaya)
This cover is available to women who have opened a Bhartiya Mahila bank account. It covers infertility treatments, hospitalizations related to morbid obesity and health issues, maternity care, and also doesn’t put a financial burden on women. The sum insured is between Rs 1 lac to Rs 5 lacs and the premium for their insurance coverage of Rs 1 lac starts at Rs 1,745 for women who are 22 years old and above.
It also includes a claim-free gynaecological check from the 4th year onward and maternity expenses are covered from the third year. The best part is that it covers expenses in the event of miscarriages, unlike other IVF covers.
These are some of the best IVF covers available in India for women. It is still not too late to conceive and welcome parenthood through IVF. With advances in treatment and medical technologies, getting the best possible IVF treatment within different budgets is not a farfetched concept but a reality. Contact the hospitals or organizations concerned directly to learn more about them or to make any personal enquiries.
Disclaimer: The details mentioned above are only for information purpose. Before going ahead with any of the above-mentioned policies, contact the hospitals and insurance providers to get a better understanding of their policies and plans.