Origin is a strong choice for companies looking to improve their employees' financial well-being, particularly among younger demographics. Progyny is a better fit for organizations that want to offer comprehensive fertility and family-building benefits with a focus on inclusivity and data-driven results. Choosing between the two depends on the specific needs and priorities of the employer and their workforce.
Attribute | Financial Wellness Program: Origin | Fertility Benefits: Progyny |
---|---|---|
Program Focus | Financial Wellness | Fertility and family building benefits, including preconception, fertility treatments, adoption, surrogacy, pregnancy, postpartum, return-to-work, menopause, and midlife care. |
Target Employee Demographic | Millennials and Gen Z employees | Employees of companies that offer Progyny as a benefit and are enrolled in an eligible medical plan. Progyny aims to be inclusive of all, including single parents by choice and LGBTQ+ individuals and couples. |
Program Cost Structure | Not available | Progyny uses a "Smart Cycle" model, which bundles services, tests, and treatments into a comprehensive benefit. Each treatment or service is valued as a portion of a Smart Cycle. Employers receive detailed quarterly and annual reports on clinical outcomes, utilization, spend, and member satisfaction. The cost to employers is customized based on the company and employee population. |
Geographic Coverage | Services are available in all 50 states and 54 countries | Progyny Global offers services in over 100 countries. |
Integration with Existing Benefits | Integrated into the Sequoia People Platform | Progyny fits into existing benefit ecosystems, providing coverage for preconception, fertility, adoption, surrogacy, pregnancy, and more. |
Employee Education Resources | Lessons, articles, and a twice-weekly newsletter called 'The Gist' | Progyny offers a curated content library with articles and resources written by Progyny providers and other experts. Resources cover topics like IVF, IUI, egg freezing, adoption, surrogacy, pregnancy, and menopause. |
Personalized Support Options | Unlimited 1-on-1 access to Certified Financial Planners (CFPs) through video or in-app chat | Members are matched with a dedicated Patient Care Advocate (PCA) who provides support and guidance. PCAs can connect members to clinical educators (fertility nurses and embryologists) and surrogacy and adoption coaches. |
Success Rate/Outcomes Measurement | 42% increase in employee retirement contributions on average; $5,600 in attrition savings per employee | Progyny reports actual outcomes for members and provides employers with detailed reports. Progyny members have more successful pregnancies, fewer miscarriages, and more live births. Specifically, there are 12% more pregnancies per IVF transfer, 21% fewer miscarriages, and 23% more live births. |
Vendor Reputation and Experience | Backed by VC firms and investors like 01A, Founders Fund, Felicis Ventures, and General Catalyst. Used by companies including Lattice, Roku, and Udemy. | Progyny is a leading fertility benefits management company. They partner with top fertility specialists and have NCQA accreditation in credentialing. |
Ease of Implementation | Not available | Progyny offers full-service implementation and a dedicated client success manager for multinational clients. |
Data Security and Privacy | Not available | Progyny takes data security and privacy seriously, using industry best practices for data protection. They maintain a dedicated privacy team and require annual privacy and security training for all personnel. |
Employer Reporting and Analytics | HR teams use Origin to engage employees, explain employee equity, and increase benefit utilization. | Progyny provides employers with detailed quarterly and annual reporting on clinical outcomes, utilization, spend, and member satisfaction. |
Price | Not available | Not available |
Ratings | Not available | Progyny members have more successful pregnancies, fewer miscarriages, and more live births compared to national averages. Specifically, there are 12% more pregnancies per IVF transfer, 21% fewer miscarriages, and 23% more live births. |