Plus: Our Dr. Norian interviewed about why this is welcome news!
The tide is turning in the health insurance world. Starting January 1, 2015 two powerhouse corporations – APPLE and FACEBOOK will start offering to their employees new benefits to cover egg freezing (Up to $20,000). Here at HRC Fertility of Rancho Cucamonga we are applauding this bold corporate policy change and although some are claiming it is a perk to keep employees happy, we would like to think it is the start of a new trend!
While both APPLE and FACEBOOK have not made many comments to the press since their initial announcement, APPLE did send the following to ABC NEWS.
"We want to empower women at Apple to do the best work of their lives as they care for loved ones and raise their families," the company said in a statement to ABC News. "We continue to expand our benefits for women, with a new extended maternity leave policy, along with cryopreservation and egg storage as part of our extensive support for infertility treatments."
What exactly is Egg Freezing (Cryopreservation)?
Egg freezing is not a relative new technology and has been used to preserve and extend fertility since the 1990’s. Whether for those who are about to undergo cancer treatments, or for those who want to postpone parenthood by preserving their “good eggs” – there are many reasons to freeze a woman’s eggs.
As discussed in this article by Dr. Norian, egg freezing (oocyte collection) is a good option for women who wish to become pregnant following cancer treatments by preserving their eggs prior to the onset of chemotherapy. An option to use donor sperm to create embryos with the frozen eggs is also a viable option for women who wish to become a parent but do not have a partner.
Moreover, women are opting careers that involve advanced education and intensive and longer hours. This is usually not seen as conducive to life with baby – so some women opt for egg freezing. While many speculate that this may be one of the strongest reasons behind the corporate health plan changes, NBC news suggested the following:
“…in the two years since the ASRM lifted the “experimental” label from egg freezing, experts say they’ve seen a surge in women seeking out the procedure. Fertility doctors in New York and San Francisco report that egg-freezing cases have nearly doubled over the past year.”
Dr. Norian, our resident reproductive and fertility specialist here at HRC Fertility of Rancho Cucamonga, was interviewed by Eyewitness News – ABC 7 on his thoughts regarding APPLE and FACEBOOK recent announcement. Dr. Norian makes many points regarding this new change and the interview can be seen here.
It has been purported in the press that APPLE and FACEBOOK have opened up the door to many more companies following suit. We shall wait and see!
Please feel free to ask our financial counselors to help you work with your healthcare provider or determine if other financial options are available to you.
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The decision to preserve fertility via egg freezing is a personal choice and here at HRC Fertility of Rancho Cucamonga we offer more information on this procedure here. Also our HavingBabies.com site has much more information on a variety of fertility topics.