How People Really Pay for Egg Freezing: Loans, Insurance & Employer Benefits

Deciding to freeze your eggs is an empowering step toward taking control of your future. Yet, the financial side can feel complicated and, at times, discouraging.

The reality is that most patients don’t pay for egg freezing all at once—or in the same way. In fact, several options can make the process more financially accessible. In this article, we take a closer look at how many manage egg freezing costs and how you can, too.

Egg Freezing Costs

The average cost to freeze eggs is between $12,000 and $22,000.

At EVOLVE, our costs include:

Additional cycles often cost less. This is because the initial testing, consultation, and setup fees (like bloodwork, ultrasound assessments, and medical reviews) have already been completed. Follow-up cycles only include monitoring and retrieval costs. At EVOLVE, this is $7,000.

So, what should you expect with egg freezing and fertility treatment financing options? In the following sections, we take a closer look.

Payment Options for Egg Freezing

From insurance to financing, several payment options are available to make egg freezing more affordable and accessible.

Egg Freezing & IVF Loans

At EVOLVE, we make financing egg freezing easy through our partnership with Beautifi Financing.

Beautifi specializes in medical and fertility financing, offering flexible loan options with no upfront payment required. Applications are quick and confidential, and most approvals happen within 24 hours. You can also customize your payment plan to fit your monthly budget and long-term goals. For more information on the Beautifi loan and determining the best option for your financial situation, use our egg freezing loan calculator.

Fertility Benefits for Employees

Ask your HR department whether your workplace offers fertility or family-building benefits as part of your group plan. Some employers provide Flexible Benefits or a Health Spending Account (HSA). 

In Canada, Health Spending Accounts allow employees (or employers) to allocate pre-tax funds toward eligible medical expenses recognized by the Canada Revenue Agency (CRA). Fertility-related expenses, including egg retrieval, freezing, and medications, qualify under these guidelines.

Some organizations also offer Wellness Spending Accounts (WSAs). These may cover aspects of fertility care depending on the policy. 

If your company doesn’t yet provide fertility benefits, you can advocate for them by sharing employee interest or requesting HR review options through their benefits provider. In fact, many Canadian employers have expanded coverage in recent years as awareness of fertility care grows.

Ultimately, your HR or benefits coordinator can clarify which fertility expenses are currently eligible under your plan and help you navigate reimbursement steps.

Egg Freezing Private Health Insurance

Private health insurance that covers egg freezing can help pay for all or a portion of the cost. It’s important to note that plans can significantly vary, and it’s a good idea to read all the fine print and have a good understanding of your policy. 

Some plans have a lifetime maximum, but will cover diagnostic testing, storage, and the egg retrieval process. Yet, others may only cover select services. Ask your insurer for a written breakdown of what’s included and whether pre-authorization is required.

Drug Coverage

Many company drug plans cover some or all of the medications needed for an egg freezing cycle. This coverage is separate from fertility treatment coverage. Inquire at your pharmacy or with your provider which medications are covered or subsidized under your plan.

Fertility Tax Deductions

The Canada Revenue Agency (CRA) recognizes fertility treatments as eligible medical expenses. If egg freezing is medically necessary, you can claim egg freezing procedures, testing, medications, and storage fees on your income tax return. These deductions help lower your overall treatment costs.

You can also claim medical expenses that exceed 3% of your net income or a fixed annual threshold—whichever is lower. 

Either way, it’s a good idea to consult a qualified tax professional or accountant. They can help confirm your eligibility and ensure you’re claiming every allowable deduction under CRA guidelines.

Finding a Clinic With Fertility Treatment Financing Options

At EVOLVE, we understand that fertility preservation is both a personal and financial decision. That’s why our goal is to make the process as transparent and accessible as possible. From flexible financing through our partner Beautifi to guidance on insurance, employer benefits, and tax savings, our team is here to help.

Your fertility journey should feel empowering—not overwhelming. If you’re ready to learn more about egg freezing or want to discuss your financial options, our experienced nurses are here to guide you. Talk to an EVOLVE nurse today.