Mercer announced today it has formed a strategic alliance with Progyny to provide employers and their employees with the innovative SMART™ (Science and Member-Driven Assisted Reproductive Technology) fertility benefit product which will enable companies to significantly reduce newborn intensive care unit (NICU) and associated high-risk maternity-related costs, while increasing access and positive outcomes.
The Progyny Suite of SMART Fertility Services includes a comprehensive national network of fertility clinics; clinic quality and cost transparency; and personal concierge services delivered by Patient Care Advocates. Benefits include: egg freezing, IVF treatment, non-IVF fertility treatments, and medications. In addition, genetic counselors, fertility nurses, psychologists, and surrogacy counselors will be available to patients for an end-to-end fertility solution. Employees and employers will also have access to the Progyny Patient Portal with over 250,000 pages of fertility information and education.
“Fertility benefits are becoming a key topic for employers and employees alike,” said Dr. David Kaplan, leader of Mercer Health Innovation LABS. “This interest is not only being driven by talent and retention-related issues, but also by the high cost for employers who, whether they offer infertility benefits or not, are still incurring much of the NICU and associated high-risk maternity-related expenses. Progyny is helping both employers and their employees better manage the financial and emotional burden of infertility.”
“We’re proud that Progyny has developed a fertility benefit that includes the latest fertility technology to greatly improve pregnancy success,” said Karin Ajmani, President, Healthcare Services of Progyny. “With one in six women in the US struggling with infertility, we know these demands will continue to grow, and our benefit design coupled with support services takes the guess work out of this emotional and often costly journey. We’re thrilled that our alliance with Mercer won’t just change lives, but help create healthy families.”
The Mercer strategic alliance with Progyny represents one of the inaugural solutions brought to market by Mercer’s Health Innovation LABS team. The Mercer LABS team continuously researches the health care landscape, evaluates emerging trends and identifies promising solutions. The LABS team engages with innovative companies to accelerate the development of their ideas and test them with forward-thinking employers. Their work helps employers navigate the rapidly changing healthcare environment, launch clinically-impactful programs and improve the health of their employees and families.