Results

American Society for Reproductive Medicine

04/22/2021 | Press release | Distributed by Public on 04/23/2021 01:07

Study Shows Companies Can Offer Competitive Fertility Benefits Without Increase In Costs

Study Shows Companies Can Offer Competitive Fertility Benefits Without Increase In Costs

Apr 22, 2021
Author: ASRM
Origin: ASRM Press Release

-- ASRM-supported survey provides data to support companies' decision to augment health-care plans --

The 2021 Survey on Fertility Benefits surveyed private-sector employers and found that adding reproductive health care employee benefits did not increase the organizations costs.

'The cost borne by employers is not a true barrier to fair and equal access to reproductive health care,' said ASRM president Hugh Taylor, M.D. 'Millions of Americans get their health insurance from their employer and these survey results should speak to executives and human resources professionals; it is time to provide infertility benefits as they don't have a significant impact on operational or other costs!'

The American Society for Reproductive Medicine (ASRM) is proud to have supported this study as part of its ongoing financial partnership with Resolve,

Two key highlights from the survey results include:

  • Virtually all respondents (97%) did not experience a significant increase in medical plan costs, and this includes employers that currently cover In vitro Fertilization (IVF) and Intrauterine Insemination (IUI).
  • Among all large employers, the prevalence of IVF coverage has risen from 19% in 2005 to 27% in 2020. For small employers, IVF coverage increased from 11% to 14%. Importantly, among jumbo employers - those with 20,000 or more employees - coverage for IVF has risen from 30% to 42%.

One in eight couples struggle with fertility and ASRM applauds employers who already provide this important benefit. Employers currently providing fertility benefits reported in the survey that they provide this benefit to 'ensure employees have access to quality, cost-effective care,' (51%) 'stay competitive to recruit and retain top talent,' (51%) and to 'be recognized as a 'family friendly employer' (50%).

The full report is available here.

For almost a century, the American Society for Reproductive Medicine (ASRM) has been the global leader in multidisciplinary reproductive medicine research, ethical practice, and education. ASRM impacts reproductive care and science worldwide by creating funding opportunities for advancing reproduction research and discovery, by providing evidence-based education and public health information, and by advocating for reproductive health care professionals and the patients they serve. With members in more than 100 countries, the Society is headquartered in Washington, DC, with additional operations in Birmingham, AL. www.asrm.org

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