It appears not even the babymaking business is recession-proof these days. A recent decline in business has prompted one Chicago-area fertility clinic to offer a money-back guarantee to patients.
Outliers: If you're looking for a guarantee ...
Doctors at Fertility Centers of Illinois are promising patients who sign up for the provider's Attain IVF Refund Program that they will receive a 70% refund on their fees if they don't become pregnant.
According to a news release announcing the program, the refund offer was spawned by a recent study that found anecdotal evidence that the recession has caused a decline in infertility treatments across the country.
“Young couples want to know at the end of the day it's not just this pit that you throw money into and have no results,” says Brian Kaplan, a physician who is a fertility specialist with the center. Typically, Kaplan says, in vitro fertilization, or IVF, costs about $10,000 per attempt.
The program, modeled after a similar one at Shady Grove Fertility in Maryland, is offered to women 37 and under. Participating patients are required to pay $20,000 upfront for up to four cycles of IVF. If the patient becomes pregnant right away, the center keeps the balance of the upfront payment. But if she requires additional treatments, she receives them at no additional cost for up to four cycles.
If a patient doesn't achieve a viable pregnancy by the final cycle, she receives a 70% refund. “It's shared risk,” Kaplan says of the program.
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