Finances :
In the
developing world, birth control increases economic growth due to
there being fewer dependent children and thus more women participating in
the workforce.
Women's earnings, assets, body mass index, and their children's
schooling and body mass index all improve with greater access to birth
control. Family planning via the use of modern birth control is one
of the most cost-effective health interventions. For every
dollar spent, the United Nations estimates that two to six dollars are
saved. These cost savings are related to preventing unplanned pregnancies
and decreasing the spread of sexually transmitted illnesses. While all
methods are beneficial financially, the use of copper IUDs resulted in the
greatest savings.
The total
medical cost for a pregnancy, delivery and care of a newborn in the United States
is on average $21,000 for a vaginal delivery and $31,000 for a Caesarean
section as of 2012. In most other countries the cost is less than
half. For a child born in 2011, an average US family will spend $235,000 over
17 years to raise them.
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