Growing Bipartisan Support Of Bill To Require Insurance Companies To Cover Fertility Treatments in NYS
ALBANY – As the state’s legislative session nears its conclusion, advocates released a new report from the Coalition to Help Families Struggling with Infertility (CHFSI) showing the bipartisan Fair Access to Fertility Treatment Act (FAFTA) would cost New Yorkers just 55 cents per month to require insurance companies to cover in-vitro fertilization (IVF) and fertility preservation treatments. The study comes weeks after the state Assembly overwhelmingly passed the bill.
This report shows that the monthly cost of The Fair Access to Fertility Treatment Act is 55 cents. That means that instead of tens of thousands of dollars in out-of-pocket costs, life-changing treatments like in-vitro fertilization will cost policyholders less than an ice cream cone at McDonald’s, a song on iTunes or a bag of Doritos,” said President and CEO of RESOLVE: The National Infertility Association Barbara Collura. “It’s time for New York to join neighboring states like Massachusetts, New Jersey and Connecticut in providing cost-effective, family-building options for its residents.
Since 1990, New York has required coverage of some infertility treatments in the commercial insurance market. However, current law does not require coverage for in-vitro fertilization. The Fair Access to Fertility Treatment Act would change that by bringing New York in line with a growing number of states that require fertility coverage.
Using insurance data, fertility statistics and publicly available Medicare and Medicaid data from New York and other states, the report found that for $6.60 per insured member per year ($0.55 per month), IVF coverage could be offered to every New Yorker with a private insurance plan.
The Coalition to Help Families Struggling with Infertility represents a broad range of groups and individuals from across New York with a collective goal of urging the members of the New York State Legislature to update laws, so all health insurance in the state covers the latest and most effective fertility treatments like in vitro fertilization (IVF) and fertility preservation. This would help thousands of New Yorkers, since the out of pocket costs associated with fertility treatments make family building impossible for many people to access them.
The full report is available at: https://bit.ly/2LGN3XY