AOC says she's been saving up to freeze her eggs. Here's how much the procedure can cost
AOC is highlighting the cost of freezing her eggs. Here's what to know about health insurance coverage, state laws and taxes associated with the process.
US Representative Alexandria Ocasio-Cortez recently revealed that she's been saving up to freeze her eggs, sparking a conversation about the costs associated with the procedure. The cost of egg freezing can range from $15,000 to $20,000 per cycle, with additional annual storage fees. This expense is often not covered by health insurance, as it's considered an elective procedure.
The cost of egg freezing is a significant concern for many women, particularly those in their 30s and 40s who may be considering delaying childbearing. While some employers are starting to offer egg freezing benefits as part of their fertility packages, coverage is still limited. State laws also play a role, with some states requiring insurance coverage for fertility treatments, but these laws often have specific requirements and limitations.
As the conversation around egg freezing and fertility benefits continues, it's worth watching how employers and policymakers respond to the growing demand for these services. In the trade, we can expect to see more companies offering fertility benefits as a way to attract and retain top talent. Additionally, changes to state laws and regulations could impact the accessibility and affordability of egg freezing and other fertility treatments.
Originally reported by cnbc.com. Trade-News adds analysis for finance & markets readers.