Magenta Health believes that safe and convenient access to birth control is an important part of primary care. One of the most popular and effective methods of birth control are IUDs (intrauterine devices).
We are inviting patients who can readily afford to do so, to contribute toward the cost of the sterilized equipment that is needed. Read on to learn more.
Tell me about the finances.
We’ve optimized our processes and crunched the numbers - it costs us roughly $25 to provide the sterilized equipment that every IUD insertion appointment requires. In contrast, our perspective is that the Ministry of Health only covers $2 of this equipment cost. It essentially feels like we’re paying roughly $23 out of pocket each time an IUD insertion appointment happens.
Why do we offer IUDs at all if the numbers don’t make sense?
Specialized clinics and some OB-GYNs offer IUD insertions, but wait times are typically quite long. Once a patient has decided they want an IUD, we want to help them access one quickly, safely, comfortably and conveniently.
Is a contribution mandatory?
A contribution is definitely not mandatory. We are asking only those who can readily afford to contribute to do so. We also want to make sure this does not affect anyone’s care so, whether or not you contribute is not something your physician will know.
Can I get an IUD elsewhere?
Yes. Specialized clinics and some OB-GYNs offer IUD insertions, but wait times are typically quite long. Please don’t feel you need to go elsewhere for an IUD due to this dollars and cents issue. This shouldn’t affect your decision-making on where to get your IUD.
What happens to my contribution?
To be transparent, we plan to do an annual blog post that compares the amount collected vs. the equipment costs. Our hope is to approximately break even - e.g. if we conduct 1000 IUD insertions in a year, we collect roughly $23,000 in voluntary patient contributions + $2,000 from OHIP to cover the roughly $25,000 in equipment costs.