This technique has emerged as a saviour for those eager to embrace parenthood but are facing fertility-related problems. A common question that comes up in this case is, is IVF covered by insurance? Yes, it is! Many people are interested in knowing which insurance covers IVF in India. In this blog, let us understand what IVF or infertility treatments are, the importance of getting an IVF insurance, and the different factors to consider when looking for IVF insurance coverage India. Read on to find out which insurance covers IVF in India!
What is IVF Treatment?
Infertility is a common problem that almost 12% to 15% of couples are facing in today’s time. One medical technique that has proven helpful is in-vitro fertilisation or IVF treatment. This process involves the fertilisation of the egg with the sperm in vitro. This has become such a popular technique these days that there are even many options for health insurance that covers IVF.
Financial Strain Associated With IVF Treatments
Reproductive technologies are evolving, which means the costs associated with them are also high. This is obvious, given the increase in the success rate and the willingness of ouples to embrace innovative methods in the way of striving for parenthood. But the expenditure burns a hole in their pockets. That’s when the most asked question arises: is IVF covered by insurance? And if it is, which insurance company covers IVF in India? One such company is Generali Central, which has many IVF insurance plans available.
Health Insurance for IVF Treatment: A Relief from Expenditure
Let us now understand why you need an infertility insurance coverage. Medical expenses cover a wide range of services these days, from consultations and tests to procedures and medicines. Hence, if you want to deal with medical inflation, it is better that you have an IVF cover in health insurance. Having health insurance means you will be able to counter inadequate insurance coverage, fight other lifestyle diseases, and protect your finances in the long run. Furthermore, IVF is covered by insurance plans, which are also applicable to other infertility treatments like:
- Intrauterine Insemination (IUI)
- Gamete Intrafallopian Transfer (GIFT)
- Intracytoplasmic Sperm Injection (ICSI)
- What to Look for When Choosing a Health Insurance that Covers IVF
Now that you have understood the importance of having an insurance for IVF treatment let us walk you through the different factors you need to consider when choosing the best health insurance for you!
The Waiting Period Clause: This is especially applicable in the case of a pre-existing illness, where the waiting period can be anywhere between 24 months and 48 months. It is important to seek a plan that has a minimum waiting period so that you can claim the benefits of your IVF health insurance seamlessly.
Age Requisites: If you are wondering which insurance cover IVF treatment, you must also take into account the age criteria associated with the health insurance. A medical policy is of utmost importance to every individual in a family, and considering the age of the prospective patients is essential.
Cashless Hospitalization Benefits: There are many networks of hospitals available in today’s time, and health insurance companies have strong associations with these hospitals. So, if there is a medical emergency or a routine procedure that needs to be carried out, cashless treatment options are also available. This is also applicable to those with an IVF insurance plan.
Generali Central: Your Ideal Provider of IVF Health Insurance
You are aware that IVF is covered by insurance in India. But which insurance company covers IVF in India? Of course, with the advancement of health insurance, many companies are coming forward and offering insurance for IVF treatment. But the best one is Generali Central. With many kinds of health insurance plans available, like D.I.Y. Health Insurance, FG Health Absolute, and FG Health Elite, we ensure that we are making infertility treatments accessible to our customers. We understand that there is much emotional turmoil associated with infertility, and hence, our goal is to reduce the stress of finances from your medical procedures.
Is IVF covered by insurance? Yes. The ideal plan for you is Health Absolute, which is available in two packages:
Platinum (INR 50,000 per year)
Signature (INR 1,00,000 per year)
If you are confused about which insurance covers IVF in India and how these packages work, you can talk to the experts at Generali Central today!
FAQs
- Does health insurance cover fertility treatments?
Yes, many insurance packages these days also cover the expenses associated with fertility treatments. Hence, IVF is covered by insurance!
- Which insurance company covers IVF in India?
Generali Central is one of the top companies offering health insurance plans that also cover the cost of IVF and other infertility treatments.
- Which insurance covers IVF in India?
The best insurance plan available at Generali Central for those asking, “Is IVF covered by insurance?” is the FG Health Absolute.
