Phoenix, AZ (PressExposure) November 16, 2011 -- The World Egg Bank recently partnered with fertility finance company, CapexMD to offer financing to anyone who utilizes one of the company'savailable egg donors.
Last year in the United States more than 66 million women received some type of infertility treatment. However, more than 15 percent of those women did not pursue treatment due to financial reasons.The World Egg Bank estimates that 25 percentof the patients requiring in-vitro fertilization would be interested in financing given reasonable rates and terms.
"Without available financing, a patient often has to decline the recommended procedure due to its high cost and either settle for an alternative or forgo the opportunity all together," said Diana Thomas, CEO and founding member of The World Egg Bank. "This is heartbreaking for so many couples," she added.
The partnership with CapexMD will allow The World Egg Bank, an agency specializing in matching egg donors to infertile patients and providing frozen donor eggs as an option for IVF treatment, to reach more women and couples facing economic challenges as well as the need to proceed immediately into treatment.
"We are so pleased to be able to offer financing. The partnership with CapexMD is an amazing opportunity for our recipients to develop treatment plans that would not have otherwise been possible," said Thomas.
Infertility treatment technologies are rapidly improving. The most impactful technology is the successful development of egg freezing which makes the IVF process more reliable, efficient and patient friendly.
- Interest rates are 11 to 13% - much less than competition and credit card
- No Collateral is required
- 24 hour Approval after application submission
- Approval rate of 60% - this is 15% greater than the industry average
- Patient can see the doctor of their choice
- Immediate funding on approval
Fresh Donor Eggs: $25,000 - $40,000 per attempt.
Cryopreserved (Frozen) Donor Eggs: $20,000 per attempt.
Outcomes with cryopreserved donor eggs are statistically comparable and a vastly simplified process than fresh donor eggs.
Demographics of a Couple Pursuing Infertility Treatment:
- A couple (95% of patients have a partner) is well educated and has two incomes
- Average age between 35-42
For those faced with infertility, The World Egg Bank strives to make building a family a simple reality.
Contact: Marisa Maggio-Harelson
Media Relations-PR Director
602-300-2010 or 602-678-1906