Relates to financial loss as a result of a failed in-vitro fertilization or intrauterine insemination

◆ The sponsor's argument

Why Liz Krueger says this is needed

IVF and IUI is extremely expensive and many intended parents require multiple rounds of FIR and IUI to have a child. Many intended parents incur substantial expense (often in the form of debt) without obtaining a successful result (i.e., the birth of a child). These intended parents are less likely to attempt additional rounds of IVF cr TUT if early rounds are unsuccessful, especially when they are saddled with substan- tial debt. New York law requires that basic infertility treatments be covered under individual, small croup, and large group comprehensive health insurance policies. This includes coverage for the diagnosis and treatment of correctable medical conditions causing infertility and for other basic infertility treatments such as intrauterine insemination. New York also law requires health insurers covering large employer groups (i.e., groups of more than 100 employees) to provide coverage for three rounds of IVF. While this mandatory coverage will undoubtedly halo many intended parents have a child, unfortunately, many intended parents who reside in New York and who would make use of such coverage do not have it because either: (1) they do not get their health insurance through their employer, or (2) their health insurance is an EAISA plan or other- wise not subject to New York law and thus is not required to provide coverage. This legislation will protect against the large out-of-pocket expense of a failed IVF or IUI procedure.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.