IVF Is Expensive and There Is No Guarantee of Success
Lily Fertility is Here to Help
Protect Your Path to Parenthood
Fertility care has helped millions of families achieve their dream of having a baby. For many, the chances of success are high, but the outcome is still uncertain. Many families are unable to continue down the path to parenthood after multiple failed IVF cycles because of how expensive care can be.
Lily Fertility helps families protect their dream of having a baby. We offer a straightforward insurance policy that pays you a lump sum if you undergo three IVF cycles and all of them are unsuccessful, providing you with funds to pursue further care or other paths to parenthood if needed.
How Does It Work?
Coverage can be purchased in minutes entirely online. The process to purchase coverage is simple:
Step 1:
Tell us about yourself – your name, age, a few pieces of information about your fertility journey thus far, and how much you expect to spend out-of-pocket if you ultimately undergo three cycles. The amount that you expect to spend out-of-pocket determines your amount of coverage (unless you choose to purchase a lower amount of coverage).
Step 2:
If you are eligible for coverage, a premium will be instantly quoted and coverage can be purchased online.
Step 3:
If you do not have a baby after three cycles, you will receive a lump sum payment to help you continue down the path to parenthood.
Frequently Asked Questions
Yes. The coverage that can be purchased through Lily is designed to cover just what you expect to pay out-of-pocket; your out-of-pocket is the total cost of care minus any amounts paid by health insurance or other sources.
The coverage offered through Lily aims to provide families with funds to pursue additional care or other paths to parenthood (such as adoption) if needed, but customers are free to use the funds as they choose.
Coverage can be purchased for a single upfront premium payment. Additionally, some families are eligible for a monthly pay option.
If you stop paying, your insurance coverage ends, but you still may be eligible to make a claim if you completed three cycles of IVF before you stopped paying and none of those cycles were successful. The amount of any remaining monthly installments that you have not yet paid will be deducted from any claim amount owed to you.
Lily was founded on the principle that keeping it simple is the best way to help families access fertility care. Bundled care packages that provide a refund are often complicated and subjective; for example, (1) you may not know what amount of money you will actually get back if IVF is unsuccessful and (2) you may not know if you even qualify to be in the refund program until after you start care.
The coverage that can be purchased through Lily also differs because it was designed to be a low-cost option. A low cost can be accomplished because coverage does not include ancillary services like counseling or nutritional support. We believe that families that don’t value those services (or that are already getting them) shouldn’t have to effectively pay for them because they are part of a bundle.
Lastly, coverage can be purchased through Lily in a matter of minutes—you won’t need to wait and check your email for a quote and come back to purchase—and you will know before you start care whether you have coverage.
With some lenders, yes. Many fertility care lenders allow borrowers to use the money for anything (even though the loan is marketed as for fertility care). Please check with your lender as to your particular loan.
Lily Fertility was founded by Ari Brandes and Doug Marks, MD.
Ari’s connection to fertility is personal—he has a child who was conceived via IVF and saw firsthand coverage gaps that often exist even with good health insurance.
Doug’s connection to fertility is professional—he regularly discusses fertility care with breast cancer patients since cancer treatment can cause infertility. The uncertainty as to whether IVF will be successful combined with the fact that care is often expensive is a common reason that patients forgo care.
