Wednesday, March 11, 2020
Fertility Treatments Dont Have to Drain Your Savings Heres Why
Fertility Treatments Dont Have to Drain Your Savings Heres Why Whether youre years away from having kids or youre actively trying to get pregnant, navigating fertility alongside your career can be tricky and expensive. Thats why Fairygodboss has teamed up with As parte of this series, weve checked in with Cisco a company thats leading the way in stab und sttzeing employees who are struggling with fertility (and, by the way, ). Ciscos Karen Wiens, Director of Health and Welfare Design in the U.S. and Canada, shared with us what, exactly, Cisco offers in terms of fertility benefits, the impetus behind enhancing their offerings, and how these benefits are tied to Ciscos cultural roots.Cisco is known for offering benefits that are particularly helpful for employees who are struggling with fertility. Can you tell us about what those offerings look like?Coverage for addressing infertility is provided through each of our medical plans, and has been available for many years. The details v ary by insurance carrier, but for our largest U.S. plans we provide up to $50,000 for medical and prescription drug services.Why has Cisco opted to become a leader in its fertility benefits offerings?Rooted in Ciscos culture is our commitment to providing support to our employees, spouses and domestic lebensgefhrtes who dream of becoming a parent, whatever path that takes. This past fall (in October 2018) Cisco expanded its U.S. benefits in this area. What enhancements were made?These benefits and enhancements includeNew family support reimbursement Starting in 2019, Cisco is offering reimbursement of up to $20,000 to harvest or store egg, sperm or embryo, in addition to support for services that facilitate pregnancy (IVF). ur medical plans provide this today when there is an infertility diagnosis or risk, but weve expanded this support to those who dont have a medical diagnosis. By enhancing our offering, we are able to provide meaningful support to all Cisco employees and families along their unique journeys.Enhancing our adoption and surrogacy reimbursement Cisco has increased reimbursement for adoption and surrogacy from $10,000 to $20,000 in 2019. Tell us about the process behind expanding and implementing these benefits. What was the impetus (did it come from employee feedback? Somewhere else)?We know that the best talent comes from an inclusive environment and culture where we celebrate diverse backgrounds and families. As part of our benefits strategy, we continually evaluate our offerings with an eye to enhance in targeted areas.What kind of response/reaction do employees tend to have regarding these benefits?As you can imagine, becoming a parent is one of lifes most memorable moments. Employees who have received support from Cisco to grow their family are extremely appreciative. This is all part of Our People Deal the culture we create together, every day.--If you have your own questions surrounding fertility and career, please ask us here--Fairygod boss is proud to partner with Cisco.
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