As healthcare costs continue to rise—projected to increase by 5.8% next year, with smaller companies facing hikes as high as 9% —employers are under pressure to manage expenses without compromising the quality of benefits. Additionally, maternity and newborn care costs have surged into the top three highest healthcare categories, and for self-insured employers, sticking with traditional fertility and maternity coverage could lead to significant financial losses (e.g., millions of dollars). While it might seem easier to maintain the status quo to avoid disruptions, the reality is that doing nothing could have even more costly consequences.
The question is, what are you losing by not implementing a comprehensive fertility and family-forming benefits program? The answer might surprise you.
The Price of Inaction
Failing to act can result in missed opportunities for significant cost savings and better outcomes. By not integrating a lifelong reproductive care solution, employers may be missing out on the following:
- Up to 70% savings on prescription medication costs (e.g., hundreds of thousands of dollars for a company with a few thousand employees per year).
- ~35% savings on fertility treatments (e.g., $500K+ for a company with a few thousand employees per year
- Average $33,000+ per employee in cost avoidance from improved outcomes (e.g., reducing the number of multiples born to IVF and NICU care cases).
These savings are more than just numbers—they represent real dollars that can dramatically affect your organization’s bottom line. Employers who choose to do nothing risk allowing healthcare costs to spiral out of control while missing the chance to enhance employee well-being.
The Reality of Not Providing Comprehensive Support for Women’s Health
Your employees' well-being is intricately tied to their productivity and longevity with your company. Ignoring their needs in critical areas like family-forming, fertility, and maternity care can have a ripple effect on turnover rates and employee satisfaction.
- Employee Benefits: Addressing concerns around benefits is essential. Replacing an employee can cost up to 200% of their salary, and 38% of employees leave their jobs due to "inadequate salary and benefits."
- Menopause Support: With 75% of women experiencing menopause symptoms and 17% considering quitting their jobs; as a result, the absence of targeted benefits can lead to high turnover and loss of key talent.
- Maternity Care: After having a baby, 35% of women quit their jobs, In contrast, when employers cover fertility treatments like IVF, 88% of women return to work, reducing costly turnover and ensuring continuity.
- Doula Care: Our in-person birth doula program significantly improves outcomes, leading to 45% fewer C-sections and 58% fewer preterm births. This benefit also delivers a 170% return on investment for employers.
Investing in Your Employees' Future
At Stork Club, we understand that employers need to manage costs while providing top-tier benefits and a white-glove care experience. We partner directly with the best reproductive care providers and negotiate the rates to pass them on to ensure significant savings and better outcomes. Through our seamless integration with existing health plans, we ensure your data security and seamless process for covered members and employers. As a result, employers that use Stork Club have no administrative burden..
Here’s why leading employers trust Stork Club to reduce costs and improve outcomes:
- Proven Financial Impact: One client with 2,000 employees saved over $1 million by partnering with Stork Club, with additional savings from reduced stop-loss insurance.
- Outcomes-Focused: Stork Club Centers of Excellence model delivers outstanding fertility success rates and healthier pregnancies while lowering healthcare expenses. We ensure cost accountability and consistently deliver a strong ROI. See our clinical results validated by Milliman.
- Reduced Service Costs: By selecting the highest-performing providers and negotiating aggressive rates, employers and covered members can access the best rates and service quality on the market.
- Personalized Reporting: Stork Club customers receive detailed reports and insights to help you understand utilization patterns, optimize benefits offerings, and communicate ROI to your leadership team.
- Employee Satisfaction: Your employees receive personalized care that meets their unique needs when they need support and how they prefer it, whether it is a virtual consultation or in-office treatment, earlier in life or mid-life, in the US or Globally, for any gender.
Don’t Let Inaction Cost Your Company
The real risk is inaction. Rising healthcare costs and employee dissatisfaction can burden your company. Investing in lifelong reproductive care keeps your organization competitive, productive, and financially secure.
Choose Stork Club for superior outcomes, lower costs, and happier employees. Ready to learn more? Let’s discuss how we can help you save and invest in your team’s future.
