Surrogacy Self-Financing

CACRM is your partner in informing you about surrogacy self-financing and how to pay for surrogacy.

We have written blogs about companies offering surrogacy and in vitro fertilization benefits and about surrogacy and IVF grant and financial assistance programs. These are excellent resources that you should explore if you need financial help.

Most intended parents (IPs) will use several sources to finance the various steps of the surrogacy journey. In our extensive experience, patients consider the following options:

Personal Savings

The amount of cash IPs provide varies, but many couples and individuals have saved as much as is financially feasible for them before they embark on surrogacy.

Health Savings Accounts

If your employer or health insurer allows Health Savings Accounts, you can allocate the maximum amount of money allowed under the law to a pre-tax health savings account. Depending on your tax bracket, you can save varying amounts. The funds must be used by a specific date and for permissible medical expenses incurred by one or both parents.

Refinancing/Home Equity Line of Credit

Many potential parents have equity in their homes and can refinance or take out a home equity line of credit to finance surrogacy expenses.

GoFundMe Page

In recent years, GoFundMe and other crowdfunding sites have become popular among patients trying to build their families. Intended parents can describe why they need surrogacy and IVF and create a fundraising platform to raise money from family members, friends, and even strangers. They can spread the word through videos, photos, and social media and ask for help. The money raised could be considered taxable income.

Health Insurance

Your health insurance policy might cover in vitro fertilization and other medical expenses. Most insurers allow you to file an appeal if your insurance carrier declines payment or reimbursement.

Gifts or Loans from Family or Friends

Many patients receive monetary gifts or loans from parents (would-be grandparents) and close friends invested in helping individuals create their families.

Credit Cards

For most, using credit cards is a last resort because of their high interest rates. But they can provide a source of funds for surrogacy or as a stopgap until patients access other sources.

Personal and Medical Loans

Companies specializing in medical financing may approve prospective parents for medical loans or personal loans. Generally, these loans are not secured, meaning you don’t need collateral, such as a house, but must have excellent credit.

Banks also provide personal loans if you have sufficient collateral.

Please let Maggie Rodriquez, CACRM’s financial manager, know if you have any questions.

Links to other blogs.

Surrogacy Grants and Financial Assistance

Corporate Surrogacy Benefits