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How India Inc is supporting employees with Infertility Treatment benefits

How-India-Inc-is-supporting-employees-with-Infertility-Treatment-benefits

Are you one of those couples who are struggling to conceive a child? Do you feel stressed and anxious about the high cost of infertility treatments? If yes, then you are not alone. According to WHO, nearly 27.5 million couples in India suffer from infertility problems, approximately 10-15 percent of married couples in India face infertility.

But there is good news for you. Many Indian companies are now offering infertility treatment benefits as part of their health insurance plans to their employees. This is a great way to support their reproductive health and family planning needs. As well as to attract and retain talent in the competitive market.

What are Infertility Treatment Benefits?

Infertility treatment benefits are a type of health insurance coverage that covers the expenses incurred by employees and their partners for availing infertility treatments. Such as intrauterine insemination (IUI), in vitro fertilisation (IVF), egg freezing, sperm freezing, surrogacy, etc. These benefits are usually offered as an add-on or a rider to the existing health insurance policy or as a separate standalone policy. The coverage amount, eligibility criteria, exclusions, and limitations may vary depending on the insurance provider and the plan chosen by the employer.

Why is Infertility Treatment Benefits important?

Infertility treatment benefits are important for several reasons:

  • They help employees cope with the emotional and financial stress of infertility.
  • They promote a culture of inclusion and diversity in the workplace by respecting the personal choices and preferences of employees.
  • They enhance employee engagement, loyalty, and productivity by showing care and concern for their well-being.
  • They give employers a competitive edge in the job market by offering employees a unique and valuable perk.

Which companies are offering Infertility Treatment Benefits in India?

Some of the leading companies that are offering these benefits in India are:

Accenture: The company covers fertility and surrogacy treatment as part of its medical insurance programme for all its employees. It also covers egg and sperm freezing as an additional benefit.
Cognizant: The company covers all aspects of primary infertility treatment for its employees under its medical insurance policies.
Procter & Gamble: P&G covers the expenses borne by employees and their partners for availing of infertility treatments such as IUI and IVF under its health insurance plan.
Salesforce: The company offers up to ₹29 lakh as a one-time benefit for costs incurred for fertility and surrogacy treatment, among other things, to all its full-time employees.
WeWork: The company covers up to ₹1 lakh for infertility treatments, including egg harvesting and egg freezing, for its employees and their families under its medical insurance plan.

How to avail of Infertility Treatment Benefits?

If you are an employee of a company that offers benefits for infertility treatment, here are some steps you can take to avail of them:

  • Check your health insurance policy document or contact your HR department to know the details of your coverage, eligibility, exclusions, limitations, etc.
  • Consult your doctor or a fertility specialist to get a diagnosis and a treatment plan for your infertility issue.
  • Submit the required documents such as medical reports, prescriptions, bills, etc. to your insurance provider or your employer for approval and reimbursement.
  • Follow up with your insurance provider or your employer regularly until you receive your claim amount.

Conclusion

Infertility treatment benefits are a great way to support employees who are facing difficulties in conceiving a child. They not only help them financially but also emotionally. They also reflect the progressive and compassionate values of India Inc which cares for its people and their happiness. Are you an employee who is looking for infertility treatment benefits? Make sure you check with your employer or your insurance provider about your options and avail of them at the earliest.

 

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