The economy and IVF

Discussion forum for those particularly interested in IVF and embryo transfer including frozen embryo transfer.
Post Reply
Ghost
Board Veteran
Posts: 4150
Joined: Mon May 29, 2006 5:01 pm

The economy and IVF

Post by Ghost » Tue Oct 14, 2008 1:26 pm

There's a lot of buzz within the industry regarding how the slowing/uncertain economy might affect business.

If I was a prospective parent right now, I'd be hesitant to start a family right now, while newscasters are reminiscing of 1929, much less to drop $10K-$50K to make it happen.
Avoid IVF and surrogacy in Ukraine. Ukrainian centers pay shills to post here under numerous sock accounts pretending to be patients in Ukraine. Centers using such deceptive advertising cannot be trusted and should be avoided.

Sponsor
 

loopie
Regular
Posts: 476
Joined: Sat Dec 08, 2007 2:21 pm
Location: Baltimore, Maryland

Post by loopie » Tue Oct 14, 2008 1:49 pm

Hi Ghost!

7 years ago, my friend was very pregnant when the US was attacked by terrorists on Sept 11th, she was inundated with people asking her how she could bring someone into this world of uncertainty. She was livid- but would merely say, how will the world get any better if we don't bring good people into it?
The economy has been sick for some time and while there are specific ramifications for IVF - (banks unwilling to loan perhaps? ) I think in times of uncertainty, people seek security in family, and those of us who have struggled with IF are no different.
If anything, I think the economic situation will create a baby boom - I mean, for most- what entertainment is cheaper and more fun than a night at home??? :wink:

I do see your point about the actual costs, but hope it will not deter folks from their goals. Personally, had it not been for our great health insurance- current economic situation or not- Dh and I would not have been able to go this route

thanks for all you do!

yours,

loopie
Me 41 Dh 41
1st IVF BFP!!! Jan 2008

[img]http://tickers.TickerFactory.com/ezt/d/2;10722;442/st/20081025/n/Pulman+Percival/k/3cf8/age.png[/img]

lynniecat
Regular
Posts: 784
Joined: Mon Aug 18, 2008 8:52 pm

Post by lynniecat » Tue Oct 14, 2008 2:55 pm

I totally see your point and agree. In my case, I will never have a family if I do not have one now. I just have to hope that somehow things work out.
Me: 44 severely reduced reserve
DH: 44 perfect
IVF 1: Feb 08 -BFP twins (lost one at 7 weeks, one at 13 weeks) :-(
IVF 2: June 08 -BFN :-(
IVF 3: September 08 -BFN :-(
IVF 4: November 08 - Katherine Emma born 8/9/2009 :D

chelly180
Regular
Posts: 255
Joined: Mon Jan 14, 2008 1:22 am

Post by chelly180 » Tue Oct 14, 2008 5:03 pm

Has the world really changed that much? I mean, since the 1900's we've had 2 world wars, korea, vietnam, the gulf war, iraq war, now this fear of 'recession'. But nothing has ever stopped people from 'bringing kids into the world'. These kids are the future....who knows, one of us IVF'ers might give birth to a future president, nobel prize winner, humanitarian....etc. Why should we deprive ourselves of the joys of having a family...no one else seems concerned.
Now with regards to the money being spent, no offense but you obviously have never personally experienced the deep heartache a woman has to carry her OWN baby or to be a MOTHER. When you feel this pain, you will spend whatever dollar amount it takes. I know you empathize with us, and you have been such a help so don't take that comment negatively please.
-Michele
Me: 29
DH: 33
TTC: 2 years
1st IVF/ICSI April '08- BFP!
Its a girl! EDD 1-13-09

sprouthaus
Regular
Posts: 256
Joined: Mon Sep 22, 2008 6:36 pm
Location: Chicago area

Post by sprouthaus » Tue Oct 14, 2008 5:29 pm

Hi ghost -

First, let me thank you for all the guidance you provide us here on the boards. it is invaluable!

DH and I are definitely worried about the economy and any outflow of cash is thought about twice between DH and myself. If we didn't have insurance - we probably wouldn't proceed forward with IVF right now. We have lost a lot of money in our 401(k) and savings accounts not to mention the value of our home.

We are more fortunate than most and both of us make a good living with fairly secure jobs in the medical device & pharmaceutical industries.... so even with our losses to date, we can afford to move forward with IVF. But, we are making cuts elsewhere in order to step up our savings.

This is just my perspective from our situation.
me-35: FSH 6.3; AMH 0.3
DH-42 lowish count
#0 IVF 03/08, cancelled, no response
#1 IVF w/ICSI 09/08, BFN, no frosties
#2 IVF w/ICSI 12/08, BFN, no frosties
#3 IVF - w/ICSI 07/09, BFP!!!!! (no frosties)

SilverAngel679
Regular
Posts: 325
Joined: Wed Aug 13, 2008 8:33 pm

Post by SilverAngel679 » Tue Oct 14, 2008 11:08 pm

I personally don't understand how the economy can alter a persons decision (Morally anyway if not finacially) to become a parent. I never felt like I had a choice. Isnt the need to procreate and have babies instinctual to most people? I know that I could never imagine myself not being a mother. Rather I coud afford it or not I don;t thinka nything could have stopped me from trying to be a parent.
Me: Liz, 29 (Healthy)DH: Tom, 28 (Male factor)
IVF#1: BFN
IVF#2: BFP (m/c @ 14weeks)
IVF#3: BFP Twin Boys, born 3/23/09
[img]http://b1.lilypie.com/DNrzm4/.png[/img]
[img]http://by.lilypie.com/xCCJm4/.png[/img]

beladi32
Newbie
Posts: 21
Joined: Thu Jul 24, 2008 3:36 pm
Location: Texas

Post by beladi32 » Tue Oct 14, 2008 11:36 pm

Ghost! Thanks for your insight always - but I have to disagree this time! I know you're just trying to be practical, but even with ithe economy, there's nothing I'd rather spend my money on that trying to become a parent. There's nothing I"d rather accomplish in my life. I'm even homeless from Hurricane Ike, but I'm still starting Lupron for my 7th IVF cycle tomorrow (will freeze all like you recommended). We persevere :)

kollegeqtee
Member
Posts: 33
Joined: Wed May 21, 2008 8:59 pm
Location: Kentucky

Post by kollegeqtee » Wed Oct 15, 2008 12:48 am

For myself, I have to disagree with this. I will be going through my fourth IVF within the next two-three months. Nothing is going to stop me from doing what I can to become a mother. I do have excellent insurance but it does not cover infertility. Thats not going to stop me and hasnt yet. It is also agreed that things run in cycles and the economy will work its self out. It is however, most important for those of us going through IVF not to be brought down by negative people or thoughts. We must stay positve because positivity results in a better outcome. We seem to be desperate for answers because most of us are uncertain and scared. Just remember that we control our own life..... :)

jen8675309
Regular
Posts: 145
Joined: Wed Jan 23, 2008 1:09 am
Location: Indiana

Post by jen8675309 » Wed Oct 15, 2008 2:27 am

Hi Ghost ~

Good topic, really makes you think, and I think that's good. I am now almost 34 weeks pregnant with twins and I won't lie, bringing 2 kids into the world right now scares me to death. However, I am forced to believe that things happen for a reason and as PP have mentioned, we will persevere (sp?). One of my best friends was supposed to start IVF at the end of this month but can't because she can't get her loan approved due to the economy. She has a fantastic attitude about it and says, well, maybe now is not the time that it's meant to be.

I know that people always tell me that you are never really ready for kids (financially or otherwise), so it doesn't really matter when you have them, but I agree with you, during these times, it's only rational to really think things through.

I hope you, in your profession, can weather through this economic storm. Thank goodness for all those who want to and can continue through the IF journey, despite the bad economic conditions.

Good luck to all of us!
Me ~ 35; DH ~ 39
1st IVF with ICSI ~ March 08 ~ BFP!!
14dp3dt~608; 16dp3dt~1282; 18dp3dt~2289

Twin Girls born vaginally on 10/22/08 at 34w5d!

lukesmom
Member
Posts: 40
Joined: Thu Apr 24, 2008 2:29 am
Location: Pineville, Ky

Post by lukesmom » Wed Oct 15, 2008 3:05 am

First I would like to say your knowledge and wisdom has been helpful to so many on this sight including myself. And everyone is entitled to their own opinion. However, to put a price tag on a baby is obsurd. Yes the world is in bad economic shape, not to mention the morals and values for a large part of the population are on the downhill slope. But I must agree with chelly180, this world needs some more good people in it. And for someone to go through the lengths of IVF like all of us have, I believe we will put all of our heart and soul into raising a contributing member of society!! Love and life must go on or we are just saying screw it and giving up what we were given by God as our human right.

natashamom
Regular
Posts: 190
Joined: Thu Aug 17, 2006 5:03 am

Hi ghost!

Post by natashamom » Wed Oct 15, 2008 3:14 am

Wow,sorry you`ve been bombared!

But I must admit as a mom and tryng to be a mom once again,I do relate to every one of them.

Yes,the economy is crazy and yes we`re going into a crise and the unknown is yet to come,but you`ll never trully understand(maybe if you reborn as a woman who wishes to conceive with all her soul and body)what we,as women feel when we cant bring the joy of a precious life to this world.

Thank you for understanding our point!

Natasha.

Fluffypuppygal
Regular
Posts: 109
Joined: Mon Sep 08, 2008 4:04 am
Location: Seattle

Post by Fluffypuppygal » Wed Oct 15, 2008 3:39 am

Mu husband and I are BIG nerds! We watch a lot of the Science Channel, and in addition to the economy, we have the ending of the Mayan calendar in 2012 (the end of the world as we know it!) and an impending major metor hit to the earth in about 2040. (I forget the name of the meteor, but it is interesting stuff!)
I know you threw the economy crisis out there to get us all talking (I see you!) but really, for a lot of us, if we don't do this now, we will never be mothers at all. Adoption is often longer, harder, more painful and more expesive in the long run. (Really, do you know [i][b]anyone[/b][/i] who gives up a healthy infant for adoption in the United States anymore?)
True, I wish things were better, but you have to work with what you've got. You can't predict the future, only do your best in the present.
Me - 37, DH - 46
1 m/c at 26, 1 ectopic at 27
BFP with 1st IVF! 1st beta 60.85, 2nd beta 975!! Its a boy!
3rd trimester starts February 14th.

Melo_P
Regular
Posts: 185
Joined: Sun Feb 24, 2008 8:46 am
Location: Wellington, New Zealand

Post by Melo_P » Wed Oct 15, 2008 10:23 am

Thats kind of a surprising and provocative post!

I guess its never a nice reminder that desperate want to be parents can really be reduced down to their core element of being the prospective $$$ that keep the "fertility business" turning!

My view is that infertility and the absolute fundamental urge, drive and desire and motivation to have children - which is an awesome and dreadful obstacle to face in life - would actually be dampened by difficult economic times :) - though I suppose it makes it all the more heartbreaking and difficult for those of us who might be directly affected through economic downturn (like losing your house or job!).

Many woman and families already put themselves into almost destitute situations to put themselves through IVF and try and build families - particularily where funding is tight (where isn't it!) and incur huge debts whilst foregoing the other advances in life like home ownership that our peer groups indulge in.

Am sure fertility clinics will probably be one of the last bastions of business to see a slow down - as I doubt most infertile couples view having children as a luxury good (like a holiday or car or nice new fridge) that they could forgoe. So I guess kind of like bread milk and petrol (you know - lifes other essentials!) business will weather the change about as well as any other core essential life service!


The $$$ coming through the doors of fertility clinics in 12 months time might prove me wrong on all that of course. :lol:

M
Me: 36 DH: 40
* 8 transferred embryos from 3 Fresh IVF cycles and 3 FET that failed (2005-2009)
* 1 M/C 11 wks FET (May 2008)
* Blessed DD born 08 Nov 06 from FET.
[img]http://www.flickr.com/photos/melmaialee/4907034212/[/img]

Mellie_1233
Regular
Posts: 284
Joined: Wed Sep 26, 2007 9:20 pm
Location: Chicago

Post by Mellie_1233 » Sun Oct 26, 2008 5:02 am

I think Ghost is probably right for some people. If the female is young and time isn't an issue I could see people delaying trying right now. I had actually wondered the same thing about the fertility business slowing down.

For us, we just had our little girl 10 days ago from IVF. My husband's business has been hit very hard by the bad economy. When this econmic crisis started one of the first things I thought was thank goodness it didn't happen last year. W/all the stress and expense from treatment it would've made it so hard to persevere if we were financially struggling, too. However, we would have found a way b/c my age and diagnosis make it impossible to reasonably delay treatment.

We are hoping to try for #2 next spring and the economy is very much on my mind. I don't think it will prevent us from trying but it will make it much more stressful.

So, in a nutshell, I think it will impact people who have the luxury of time on their side. For those of us for whom it appears to be "now or never" it seems it would have less of an impact.
ME: 36 DH: 36 - now both 39
DOR

Image

Image

to_have_fun08
Valued Contributor
Posts: 2023
Joined: Fri Apr 11, 2008 4:50 pm
Location: Illinois

Post by to_have_fun08 » Mon Oct 27, 2008 5:06 pm

Mellie_1233 - Congrats on your little girl.


As far as the economic conditions. It seems on this board that not too many ladies will make a decision base on the economy. We are going to have our children weather it puts us in the poor house or not. Though I do think that there are tons of other ladies that are infertile that wish so much that they can have a baby but can not afford to do this. Some could have been really close to doing IVF but maybe have lost their job or now with higher prices just can't get the funds for IVF. If it was a choice of losing your house or having a baby, which would you choose? It is really a though decision. I am lucky enough to have insurance coverage, if I didn't have coverage would I be doing IVF? I really don't know. I do want a child in every way but I also wouldn't want to lose everything I worked for in my life to have a child. That's just my 2 cents.

Chris
Chris 40- DH 41
6 IVFs Cycles - BFN's
DE Cycle 2/2011 -BFP Jacob born 11/11/11

FET 7/2012 - BFP - Kaylee due 4/3/13

ImageImage
Image

Post Reply