This bill establishes provisions for the coverage of standard fertility preservation services under Iowa's medical assistance program and the Hawki program. It defines "ASRM" as the American Society for Reproductive Medicine and outlines "standard fertility preservation services" as procedures consistent with established medical practices for individuals at risk of fertility impairment due to medical conditions or treatments. The bill mandates the Department of Health and Human Services to submit necessary amendments or waivers to the Centers for Medicare and Medicaid Services to ensure coverage for these services, which include up to three completed oocyte retrievals and unlimited embryo transfers, following ASRM guidelines.

Upon receiving federal approval, both the medical assistance program and the Hawki program are required to provide immediate coverage for these fertility preservation services. This initiative aims to support individuals facing fertility risks due to medical interventions, ensuring they have access to necessary reproductive health services.