IVF and More
The tightening job market has led many employers to offer more inclusive benefits as a means to attract and keep employees. Nearly one-third of employers with 500 or more employees now offer some sort of fertility benefits, according to a survey of 677 employee benefits managers by the International Foundation of Employee Benefit Plans. Smaller companies are less likely to offer coverage, but the percentage with 50 or fewer employees who provide fertility benefits has been increasing.
IVF treatment is the most commonly covered benefit, but there are other means of family-building that employees often need in addition to or instead of IVF. Providing these inclusive benefits supports diversity in the workforce and improves employers’ ability to attract and retain top talent.