Recognizing the financial burden of IVF treatment as a concern for aspiring parents, Bharat Serums and Vaccines (BSV) launched the BSVwithU programme to assist couples in achieving their parental dream. BSVwithU facilitates interest-free loans and free counselling to aspiring parents considering IVF treatments through this initiative. Their services are available in 100 centres across India.
Financial support for fertility treatments
As per Dr Astha Chakravarthy of the Asha IVF & Fertility Center in Delhi, “This is an enormous support to aspiring parents”. She further mentions that, “Most medical insurance companies do not pay for IVF but some mediclaim / insurance companies give financial support of upto 1 lakh for fertility treatments. So whenever one is opting for medical insurance, they should choose a company which is covering fertility treatments as well. The treatment cost also covered by some corporate companies for the benefit of their employees.”
BSVwithU assists aspiring parents with IVF treatment awareness
BSV’s initiative has enabled 50 couples to obtain interest-free loans and free counselling. BSVwithU assists aspiring parents with IVF treatment awareness and counselling. In India, one IVF cycle costs approximately Rs 1,00,000 lakh, and on average, a couple spends between Rs 2,00,000 and Rs 5,00,000 lakhs on this entire journey. A couple must mentally, physically, and financially prepare for their IVF treatment.
In India, approximately 27.5 million couples are infertile. Many people lack the necessary knowledge to deal with it, and not everyone can afford infertility treatments. This is due, among other things, to a lack of awareness and high treatment costs. However, many people are now taking advantage of the financing options that are now available.