RSC New England fertility doctors join the American Congress for Obstetricians and Gynecologists in support of US House bill that will provide tax credit for IVF
According to Samuel Pang, MD, Medical Director at Reproductive Science Center (RSC) of New England, “The Federal Family Act will provide the same benefit for couples needing infertility treatment that has been available for adoption since 1997.”
Boston, MA (PRWEB) October 31, 2012
The Reproductive Science Center of New England is urging physicians, infertility patients and their families and friends to participate in an historic opportunity to support equal tax credit consideration for U.S. citizens who need to become parents through in vitro fertilization (IVF).
HR 3522, introduced in the U.S. House of Representatives by Representative John Lewis (GA) on November 30, 2011, and S965 introduced in the U.S. Senate by Senator Kirsten Gillibrand (NY) are likely to be considered for passage by December 31, 2012.
The Family Act will be attached to the Adoption Tax Credit, which expires in December and is coming up for renewal. The IVF tax credit will be available to patients with a household income of less than $220,000, and it will provide tax payers the ability to receive a credit of up to 50% of their out-of-pocket costs up to a lifetime max of $13,360.
It is estimated that this tax credit will increase the number of patients pursuing IVF by 30% at a cost of about $300 million to the federal government. The cost is a hurdle in this era of budget deficits, but it will result in the birth of about 30,000 babies which is an excellent outcome within the context of the overall federal budget.
As Reproductive Endocrinologist Dr. Samuel Pang explains, “On a daily basis we share the frustration experienced by our patients who are challenged by infertility and are unable to afford the IVF therapy they so desperately need in order to become parents.”
The Reproductive Science Center, based in Lexington, Massachusetts with satellite offices throughout the Commonwealth in addition to New Hampshire and Rhode Island, is urging physicians, infertility patients and their friends and family members to contact their US congressional representatives and senators to encourage passage of the Family Act. More detailed information is available at Resolve National Organization.
RSC New England is a member of Attain Fertility Centers, the largest network of reproductive medicine providers in the United States.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012_FamilyAct/11/prweb10075675.htmView Comments and Join the Discussion!