Revolutionizing Fertility & Family Building Benefits - David Schlanger, Executive Chairman @ Progyny
With 25+ years of healthcare and executive management experience, David Schlanger, Executive Chairman at Progyny, hasΒ ...
Executive Chairman, Progyny
Search every verified David Schlanger interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. David Schlanger, executive chairman of Progyny, has discussed the company's approach to fertility benefits for self-insured employers. He stated that Progyny's model aims to provide a comprehensive solution that offers a positive patient experience, superior clinical outcomes, and cost savings for employers. Schlanger described the company's competition as the "status quo" of employers using traditional health carriers, and noted that Progyny differentiates itself through benefit plan design focused on outcomes, patient education and support, and a network of fertility specialists. He said that the opportunity for such services is large and becoming more mainstream across industries, as infertility is increasingly recognized as a common health condition. Schlanger has also commented on the broader context of fertility coverage in the workplace. He argued that not covering fertility benefits makes a "negative cultural statement" about a company's valuation of its female workforce, while providing robust coverage signals support for families and inclusivity. He noted that a survey indicated two-thirds of employees would switch jobs to secure fertility coverage, and stated that employers are recognizing infertility as a health condition recognized by the WHO and AMA. Schlanger also discussed the role of technology in healthcare, describing it as an enabler rather than a replacement for human care, and emphasized the importance of going beyond regulatory requirements to protect sensitive personal data.
“Infertility is a gigantic health issue in this country; one in eight couples suffer from infertility, and the number of people affected is increasing as the age at which people try to get pregnant goes up. Fertility is a very big problem, and employers have traditionally provided healthcare coverage for most ailments b...”
“Fertility treatments are uniquely borne by women, and if a company does not cover fertility benefits, it makes a very negative cultural statement about valuing its female workforce. Conversely, providing robust fertility coverage signals a strong cultural commitment to supporting families and inclusivity, including the...”
“State insurance mandates requiring fertility coverage do not directly affect self-insured employers, but they have a strong indirect impact by setting a baseline that encourages large employers to provide fertility benefits to remain competitive and equitable.”
“Most large employers with a thousand or more employees choose to self-insure their health plans because it is more cost-effective than paying premiums to an insurance carrier, allowing them to better manage risk and expenses.”
“Healthcare is a highly regulated industry, but relying solely on government regulations for data security is insufficient. Companies must adopt state-of-the-art technology and go beyond regulations to protect sensitive personal information, especially in fertility care, which is highly sensitive and stigmatized.”
“We have just come off a decade of easy money policy that fueled high stock market valuations and innovation, but now valuations are correcting as investors focus more on profitability, margins, and real returns on capital rather than just revenue growth.”
“Progeny has always focused on being a profitable business rather than just growing revenue, understanding that you cannot make up for losses on gross margin with volume. This focus on profitability is essential for sustainable business success.”
“Technology in healthcare, including fertility, is an enabler rather than a replacement for human care. While many healthcare services require in-person interaction, technology can improve the patient experience by enabling remote monitoring, better data analysis, and more efficient service delivery.”
“We offer two large self-insured employers a comprehensive fertility benefits solution that they offer to their employees. What's very unique about us is that we've been successful in showing that you can have a great patient experience, superior clinical outcomes, and save employers money at the same time.”
“The competition frankly for us is the status quo: it's employers that turn to their traditional health carriers to provide them a fertility solution. But we really do everything differently, from our benefit plan design which is focused on outcomes as opposed to limiting access to care, the extensive amount of patient...”
“We really think the opportunity is very large and every company regardless of the industry is seeing value from the types of fertility solutions we provide. Our clients right now represent over 20 industries. While tech companies were initial leaders in rolling this out, it's becoming much more mainstream as infertilit...”
“Two thirds of employees, depending on the category, are willing to switch jobs to ensure fertility coverage. That's a powerful incentive to take up your services, especially when the labor market is tight.”
“We view what we do not as a nice-to-have but as a have-to-have. The part of the workforce in their child-rearing years is incredibly important, and those employees know fertility affects one in eight individuals and treatment is very expensive. Employers are understanding infertility is a health condition recognized by...”
“Fertility treatments like IVF are expensive, but we've been able to hold pricing relatively constant over the last several years. Our model is all about value for employers because our outcomes are so superior to national averages that we can actually show our solution will save them money, which in today's environment...”
“I think we're just at the beginning of taking advantage of the potential of data to really change healthcare.”
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