Friday, December 16, 2011

Doing Our Part

Hey Ladies - not sure how many of you have checked out Resolve's website but it is a wonderful place to find information on infertility, treatment, coping, etc. They also do some political action type stuff and largely due to their efforts, a bill has been introduced to the House and the Senate known as the Family Act of 2011. Now before I lose you, I'm not getting all "political" on you! Check this out:

Key provisions of the House and Senate bill:
  • The Family Act covers the out-of-pocket costs associated with in vitro fertilization (IVF) including diagnostic tests, laboratory charges, professional charges, and medications for IVF.
  • The Family Act covers the out-of-pocket costs of fertility preservation procedures if the man or woman is diagnosed with cancer and the cancer treatment or disease itself may result in infertility.
  • The Family Act has a cost sharing provision allowing 50% of all applicable medical expenses to be  covered up to a lifetime maximum of $13,360. You would need to have out-of-pocket costs totaling $26,720 to claim the entire credit in your lifetime.
  • If you do not owe taxes in a particular year, do not owe enough taxes to use the whole credit, or do not reach the max amount in one tax year, it carries over to the next year for a max of five years after the first year you use the credit. 
  • The Family Act is available to couples filing jointly with adjusted gross incomes of less than $222,520, but the credit is smaller for those earning between $182,500 and $222,520. 
Now if you're like us, this would make a serious difference in your lives! With absolutely no insurance coverage for IVF, we have paid completely out of pocket, as I'm sure alot of you have. If you click on this link Family Act of 2011 you can send a letter to your Congressmen and Senators, all through their website and it only takes about 5 minutes! Don't wait on someone else to do it! If we all do our part we can begin to change things!

It starts with us!

3 comments:

  1. thanks for the heads up! I'm on it!

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  2. Thank you for posting!!! I may need to steal this for my blog so we can further get the word out! :)

    ReplyDelete