Deductibles For Employer Healthcare Plans Soar, Kaiser Family Foundation Reports
Conceivex’s Conception Kit Makes FDA Cleared Infertility Treatment
Available With Modest Co-Pay
BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–#Conceivex–While spending by families for their annual employer-sponsored health
insurance coverage grew an average of only three percent this year –
that rate was made possible by a large increase in the movement of
workers into high deductible insurance plans, the Kaiser Family
Foundation reported earlier this week.
At the same time, the successful introduction of an insurance-covered
first step at-home treatment for infertility continues to hold down
healthcare costs for employers, insurers, and consumers alike.
The
Conception Kit® at-home system is an FDA cleared, drug- and
hormone-free infertility treatment that couples can get with a
prescription for a $30-$75 co-pay (under many insurance plans). About 60
percent of insured individuals in the U.S. already have reimbursable
access to the Conception Kit through their pharma benefits manager
(including Express Scripts, CVS/Caremark, and others) and it is
available at more than 65,000 pharmacies in the U.S., including Walmart,
Target, Walgreens, and Rite Aid.
The FDA required clinical trials on placement of the Conception Kit’s
Conception Cap (a cervical cap used for insemination at home) and
instructions by patients. During the trials, 24 percent of the patients
got pregnant during the first 30 days.
By comparison, many historic infertility treatment options can prove
costly. For example, a single cycle of in-vitro fertilization (IVF)
costs $12,500 on average, according to the American Society for
Reproductive Medicine, and is not always covered by insurance. And while
advancements have been made in IVF treatment, patients who elect this
route to address infertility still face risks, including multiple births
as well as premature births that can land newborns in the Neonatal
Intensive Care Unit (NICU), and thereby drive up overall healthcare
costs.
The
Conception Kit provides three months of supplies (including 24
ovulation predictors, three pregnancy tests, along with the Conception
Cap, and a number of additional proprietary aides) – that, in many
cases, would cost more over-the-counter than the total amount of the
co-pay. Even without a co-pay, the entire Conception Kit is available
for $360.
“With out of pocket healthcare expenses continuing to climb, the
Conception Kit offers millions of couples with an opportunity that they
never had before to start a family,” Michael
La Vean, President and Founder of Conceivex, maker of the Conception
Kit, said.
Conceivex, Inc., manufactures and distributes the Conception Kit®
at-home system, a safe, effective, FDA cleared, and reasonably priced
healthcare product that helps couples overcome infertility in the
privacy of their own home. The Conception Kit , which is covered by many
insurance plans (including Express Scripts and CVS/Caremark), is
obtainable with a prescription at Walmart, Target, Walgreens, Rite Aid,
and 65,000 pharmacies nationwide. Find out more at www.conceptionkit.com,
on Facebook at https://www.facebook.com/conceptionkit/,
and on LinkedIn.
Contacts
Media Contact:
Montgomery Strategies
Michael W. Robinson
202-255-0737
Mrobinson@tmsgr.com
PA-25
2016
