Lotus Blossom Consulting » financing fertility

Jude Andrew Adams Fund

Mindy Berkson — Thu, 11 Jun 2009 15:08:19 +0000

I am proud to announce that Lotus Blossom Consulting has officially established the Jude Andrew Adams Charitable Fund to bring new life to families who are struggling to conceive. motivation and intention in creating this grant is to offer a free fertility treatment for those who could not otherwise afford it. To learn more about this fund and how it came to fruition, please click here.

Applications for a free treatment cycle are now being accepted. The board of directors will select from applicants who meet the following criteria:

Have a history of infertility, and provide a physician documented medical indication for exploring IVF treatment along with the application
Demonstrate a financial need; defined as a gross combined annual income less than $80,000. A copy of the last two years’ IRS tax returns and two of the most recent pay stubs is required.
No insurance coverage for infertility treatments.
Do not currently have any children.
Be under age 40.
Be current legal citizens of the United States and living in the United States at the time of the award and subsequent treatment.

Thank you all for your help and support for this great cause.

E-Book Offers Options During National Infertility Awareness Week

Mindy Berkson — Tue, 13 Nov 2007 18:08:00 +0000

CHICAGO, Nov. 6 /PRNewswire/ — Lotus Blossom Consulting, LLC, a Chicago-based infertility consultancy with clients around the world,announces the availability of their free E-Book, Financing Your Infertility Treatment, available on their website at www.lotusblossomconsulting.com. The E-Book addresses the financial aspects of infertility, and it will be available beginning with National Infertility Awareness Week, November 4 – 10, 2007, and beyond.

According to the American Society for Reproductive Medicine, most infertility cases — 85% to 90% — are treated with conventional medical therapies such as medication or surgery. Yet, infertility treatment can be costly, success rates are not guaranteed, and insurance benefits may be limited.

“Beyond simply the medical issues, there are so many factors to consider when dealing with infertility,” says Mindy Berkson, co-founder Blossom Consulting. “Proper financial planning and utilization of insurance benefits in the right order can help you effectively minimize costs, maximize insurance benefits, and save significant out of pocket expenditures. Lotus Blossom’s E-Book can help.”

The E-Book, Financing Your Infertility Treatment, provides an overview of financing options available, with particular emphasis placed on individualized tax situations, specific insurance benefits, and the total financial resources available before undergoing the infertility journey.For more information on the E-Book, contact Lotus Blossom Consulting tollfree at (877) 881-2685, email consultant@lotusblossomconsulting.com or visit them on the web at www.lotusblossomconsulting.com.

ABOUT LOTUS BLOSSOM CONSULTING, LLCAs one of the first infertility consultancies in the United States,Lotus Blossom Consulting, LLC was founded by Mindy Berkson in 2005 after her own personal battle with secondary infertility. With extensive experience in all aspects of infertility, from egg donors and surrogates to in-vitro fertilization, Lotus Blossom Consulting works with individuals on a case-by-case basis, taking into consideration clients’ emotional,physical and financial infertility issues then develops an individualized,comprehensive plan, including relevant insurance information, to help clients make informed decisions. Lotus Blossom Consulting has worked with many individuals to enrich their lives by helping them to fulfill their dreams of having children.

For more information about Lotus Blossom Consulting, LLC, call tollfree (877) 881- 2685, email consultant@lotusblossomconsulting.com or visitthem on the web at www.lotusblossomconsulting.com.

Financing Your Fertility: Healthcare Plan Arrangements

Mindy Berkson — Fri, 02 Nov 2007 00:15:00 +0000

Before beginning any discussion about insurance coverage, it’s important to explain the status of fertility benefits in the United States. Not every employer is required to cover fertility treatments; this benefit is delineated per state.

States that do require some benefit level for infertility treatments are called “mandated to cover” states, although specific rules may vary from state to state: Arkansas, Hawaii, Illinois, Maryland, Massachusetts, Montana, New Jersey, New York, Ohio, Rhode Island and West Virginia are “mandated to cover” states.

Others, called “mandated to offer” states, require infertility benefits to be offered for additional purchase: California, Connecticut and Texas are “mandated to offer” states (This list may have changed as of the printing of this article).

To make it more complicated, large, national corporations oftentimes offer the same benefits company-wide, resulting in exceptions to the states’ directive. For example, you may live in a state that mandates coverage, but work for a company that is not required by the federal government to meet the state’s benefit mandate. On the other hand, if you live in a state that does not require fertility coverage; you may still be covered through your employer. In addition to these complications, many times your healthcare plan may cover some parts of your treatment even if you work in a state that does not mandate coverage. It is extremely important, therefore, that you contact your Human Resources department and your healthcare plan provider to discuss in detail your benefits.

ART balance of expense to cost.

Mindy Berkson — Tue, 23 Oct 2007 13:15:00 +0000

“The economics of health care is of vital importance to our patients, and to society generally. Using a standard measure like cost per additional year of life, infertility treatments are one of great bargains in modern health care,” stated David Adamson, MD, President-elect of ASRM. (Full Article Here)

Wow! It was actually shown in a study that adding ART as a benefit of a health insurance plan only increased the cost of insurance per member an eensy weensy bit.

The ASRM is the American Society of Reproductive Medicine. The information and studies they do are published in peer-reviewed journals (the good kind) and the results are really promising!

Jude Andrew Adams Charitable Fund

Mindy Berkson — Fri, 31 Aug 2007 18:32:00 +0000

Lotus Blossom Consulting has established the Jude Andrew Adams Charitable Fund to bring hope and new life to those in need. Through this grant, we are offering a free fertility treatment cycle for financially needy individuals.