Requires certain insurance policies to provide coverage for fertility preservation services

S 4497 requires certain health insurance policies to cover fertility preservation services, such as egg or sperm freezing, for individuals facing medical treatments that may cause infertility (like cancer therapy). This directly affects patients undergoing procedures with known fertility risks and the insurance companies offering those plans. The bill mandates coverage for these services before treatment begins, ensuring individuals can preserve fertility options without excessive out-of-pocket costs. It applies to standard health insurance policies, not just specialized plans, aiming to make these services accessible during critical medical care.