Infertility treatment can be costly. Even if you live in a state which mandates fertility coverage, your treatment may not be completely covered by health insurance. No matter what your situation, the best course of action is to carefully review your health insurance benefits and payment options before you begin treatment. Lotus Blossom Consulting helps you identify all your financial options in planning for your family.
Our philosophy is geared towards planning for multiple cycles for the following very important reasons:
- The possibility that insurance is unavailable or denied
- The possibility that the first cycle is unsuccessful
- To have the option for siblings
- To have funds set aside for unforeseen events
Prudent financial planning using the guidelines above gives our clients peace of mind. There is less worry about how to pay for current treatment, whether or not insurance benefits are maximized, and where to go for funds in case of an emergency. A comprehensive treatment plan includes an Infertility Consultation and a Financial Planning Consultation. The combination of the two provides our clients with a thorough and well rounded approach to their family building process weather it is through surrogacy, egg donation or in-vitro fertilization.
Escrow Services
Escrow management services are available to clients who require it. The account is funded by the intended parent(s) and managed by a Lotus Blossom Consulting representative according to the terms of the payment schedule set forth in the contract. All funds are held in separate FDIC guaranteed escrow accounts; to avoid co-mingling of funds. A report of your account is available at any time by request. Written permission will be obtained prior to any release of funds.
Health Insurance
Lotus Blossom Consultants will review your health insurance benefit. If you are approaching or in an open enrollment period, Lotus Blossom Consulting can help you review your options. If you do not have health insurance through your employer, Lotus Blossom Consultants will help you find an independent provider. Whatever your insurance situation, Lotus Blossom Consluting will help you maximize the benefits you do have and reduce out of pocket expenses to explore surrogacy, egg donation and in-vitro fertilization.
In addition to health insurance, many employers offer other services which indirectly benefit individuals undergoing fertility treatment. These benefits can be utilized to pay for infertility even if health insurance does not offer coverage. Lotus Blossom Consulting reviews not just health insurance, but all employer benefits to take advantage of every available resource.
Insurance for Egg Donors and Surrogates
Lotus Blossom Consulting reviews health insurance benefits for egg donor and surrogacy arrangements. We also review the surrogate’s policy. A gap analysis for surrogacy arrangements is critical to ensure that all costs are covered. We identify and provide, through our insurance partners, additional coverage if needed. Gap analysis is essential not only for these situations, but overall to ensure there are no unexpected expenditures.
Drug Benefit
In addition to reviewing your health insurance plan, it is vital to review your Prescription and Medication Benefits packages. Often medication is not covered even if treatment is. Lotus Blossom Consulting works with pharmacies nationwide to offer our clients the best possible prices on the medications their physicians prescribe.
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