New Research from Maven Clinic Reveals Greater Demand for Fertility and Family Benefits

Maven's fourth annual report finds 2 in 3 employers plan to invest in family health benefits within three years--a 44% jump since 2024

Cost of fertility care hits a breaking point with 70% of employers reporting increased fertility spend over the past three years, and nearly one-third of employees incurring debt to cover treatments

NEW YORK, Feb. 12, 2025 /PRNewswire/ -- Maven Clinic, the world's largest virtual clinic for women's and family health, today released its fourth annual State of Women's & Family Health Benefits report. Based on responses from 1,569 HR leaders and 3,752 full-time employees across the U.S., U.K., and India, the report sheds light on the family building challenges employees face and offers employers actionable insights to optimize their benefits strategies.

Family building costs have continued to surge over the last decade, with the cost of raising a child going up 9% since 2017 and childcare consuming nearly 20% of the average household income. Meanwhile, health insurance premiums for family coverage have become an even greater burden for employers, rising 7% in 2024 and surpassing $25,000 per family. Against this backdrop, Maven's report equips employers with key insights into the most impactful family benefits that drive talent attraction and retention while controlling costs.

"As trust in healthcare is challenged, access is restricted, and costs rise across the lifecycle, from the moment you start IVF to the moment you bring a baby home from the hospital, families around the world need more support than ever," said Kate Ryder, founder and CEO of Maven Clinic. "When employers invest in women's and family health benefits, they are truly changing lives, while simultaneously reducing costs and improving outcomes."

Key findings from Maven's State of Women's & Family Health Benefits report include:

    --  The financial burden of fertility care has reached a breaking point: 70%
        of employers say the cost of fertility care has increased for their
        organization over the past three years, and 93% of those facing higher
        costs are concerned about the rising expense. Nearly one third of
        employees (28%) pursuing fertility treatment incurred debt to cover
        healthcare costs. Employers recognize this status quo can't continue--in
        the next year, the majority of employers (61%) affected by these rising
        fertility costs plan to increase access to preconception care, and over
        half (58%) plan to enhance or add fertility support.
    --  Parental burnout is pushing employees to the brink: 92% of working
        parents feel overwhelmed juggling work and family responsibilities, and
        81% believe employers should step up their support. With 80% of
        employees saying their organization doesn't offer any parenting support,
        it's to no surprise that 24% of employees in these organizations take
        extended leave or career breaks. On the other hand, in organizations
        that provide strong support for parents, 84% report most or all
        employees return to work after parental leave.
    --  Inadequate family building support is driving talent away: 69% of
        employees have taken, considered, or might take a new job for better
        reproductive and family benefits. Most employers (85%) recognize these
        benefits as critical for retention, and 69% plan to increase their
        family health benefits vendors in the next two to three years, a 44%
        increase year over year.
    --  Reproductive care anxiety is on the rise post-election: Nearly half
        (47%) of U.S. employees who are expecting or considering having a child
        say they are more worried about their reproductive health following the
        U.S. presidential election, and 52% want their employers to advocate for
        continued access to comprehensive reproductive health services.
        Employers are resoundingly in favor of expanding support: In response to
        the shifting reproductive landscape, nearly half (48%) are planning to
        expand fertility coverage to ensure broader access to care.
    --  Employers are responding to men's reproductive health needs: 84% of men
        feel their reproductive health needs are unmet, and 83% don't know where
        to turn for male-specific support. While 71% of employers agree on the
        importance of inclusive benefits for men's health, nearly half (46%)
        admit their current offerings provide average or poor support. Change is
        on the horizon: 53% of employers are expanding benefits for male midlife
        health, and 65% are increasing coverage for reproductive health
        counseling and wellness services for men.

Maven partners with over 2,000 employers and health plans worldwide to deliver comprehensive, high-quality care for employees starting and growing their families. Spanning Fertility & Family Building, Maternity & Newborn Care, Parenting & Pediatrics, and Menopause & Midlife, Maven's platform offers clinical, emotional, and financial support to improve health outcomes for employees and lower costs for employers. 30% of Maven's fertility members achieve pregnancy without assisted reproductive technology, and 74% of Parenting & Pediatrics members report being more likely to stay with their employer because of Maven.

Download the full data report and learn more about how Maven supports employers here.

About Maven Clinic
Maven is the world's largest virtual clinic for women and families on a mission to make healthcare work for all of us. Maven's award-winning digital programs provide clinical, emotional, and financial support all in one platform, spanning fertility & family building, maternity & newborn care, parenting & pediatrics, and menopause & midlife. More than 2,000 employers and health plans trust Maven's end-to-end platform to improve clinical outcomes, reduce healthcare costs, and provide equity in benefits programs. Recognized for innovation and industry leadership, Maven has been named to the Time 100 Most Influential Companies, CNBC Disruptor 50, Fast Company Most Innovative Companies, and FORTUNE Best Places to Work. Founded in 2014 by CEO Kate Ryder, Maven has raised more than $425 million in funding from top healthcare and technology investors including General Catalyst, Sequoia, Dragoneer Investment Group, Oak HC/FT, StepStone Group, Icon Ventures, and Lux Capital. To learn more about Maven, visit us at mavenclinic.com.

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SOURCE Maven Clinic