There are important decisions in everyone’s life, one of which is having a child. This step involves a total transformation of our lifestyle, including new responsibilities that cannot be overlooked. Therefore, the decision to become parents must be made with full awareness and maturity, including financial readiness.
Now, although this decision will bring additional expenses, this should not be a reason to close the door to this option. On the contrary, it should be an opportunity to plan each step in advance. The desire to be parents is so strong that sometimes the desire outweighs the financial resources. An in vitro fertilization (IVF) cycle with a surrogate mother must be carefully planned financially. Moreover, if the cycle also involves egg donation, the costs are obviously higher. Prospective parents should be aware of the costs of each phase of the process to anticipate monthly expenses and, above all, the medical costs that will need to be covered once the baby is born.
An important part of the expenses is the in vitro fertilization (IVF) cycle. These costs can be managed if one opts for a guaranteed success plan, where all the unforeseen issues that a future parent may encounter during the treatment cycle are covered by this option.
Unforeseen Issues
What unforeseen issues might arise? (to name a few)
- A negative beta test.
- A positive beta test but no confirmed heartbeat.
- A spontaneous abortion.
- The baby has some anomaly and a decision is made to terminate the pregnancy.
- The baby is not born alive. It is necessary to review all the information in detail to understand the total cost and if there is any part that will not be refundable. For example, if an egg donation cycle is not successful and another donor is needed, the amount paid to the donor will not be refunded. The donor is paid for her services regardless of the outcome of the cycle.
Recommendations
It is always advisable to request an initial estimate from the fertility clinic of interest to evaluate the services included and not included in each treatment. Additionally, unforeseen issues may arise during the reproductive process that could change the final price of an assisted reproduction treatment.
However, fertility clinics usually do not provide estimates until the woman or couple has had an initial consultation and the specialists have a complete diagnosis to decide what type of treatment is most appropriate.
Important Notes
If you and your partner are considering adding a new member to your family, here are some small but valuable tips:
- We are a family: A family is like a team; therefore, you must agree on what and how to divide expenses and responsibilities, both now and in the future.
- Expense plan: It is time to create or redesign a new financial plan. You need to be very clear about your monthly income and expenses so you can know how much money you have available and what is left over.
- Reduce debt: If possible, pay off debts before the new member arrives. This way, you will have better financial solvency to cover the incoming expenses. Savings plan: Despite the new responsibilities, make an effort to save a portion of your income. With a child, you can’t help but think about the future.
- Simplify expenses: Review which services or products you can do without. Find ways for both of you to reduce unnecessary expenses.
Having a child is undoubtedly a wonderful experience that, with a defined financial plan, will be more rewarding and a little less chaotic.
At Celagem, we are very confident in our success rates and believe that a guaranteed success plan can help manage expenses and also provide peace of mind to our patients. We believe in miracle babies and will go all the way to achieve the much-desired dream hand in hand with our patients.
For more information on surrogacy, visit Grandes Corazones, and to learn more about egg donation, visit Make a New Family.
At Celagem, we offer various surrogacy programs to start the process in countries with high annual demand, such as Colombia. Access our blog to learn more about surrogacy and assisted motherhood.
