I think I heard that reproductive endocrinologist has even a narrower specialty in your area.
If your ob/gyn is like that than your should find a normal ob/gyn. If she ignored your concerns than you could probably sue her. And if you can then you should!
I believe I heard that Yasmin is safe, but I'm nor sure. A lot of meds including a bunch of birth control meds have side effects. Some actuall MAKE hair grow, others cause stretch marks and so on.
Check this out for HAIR GROWING DRUGS:
http://www.hairroute.com/drug2001.pdfIn any case taking birth controll meds is a regular treatment for this condition and is perfectly safe. It artificially restores hormonal balance and prevents escalation of the condition. If you're tryinf to conceive there are other meds (like metformin (glukophage), clomid, etc) that could help to regulate your hormones.
As far as hair goes, there are androgen blocking meds which are specifically aimed at dealing with this problem.
I have good news for you. If your hair is caused by a hormonal imbalance (which I assume to be true) your health insurance must legally pay for electrolysis to remove this symptom. You will need a letter from your doc, stating that the hair is a symptom of a diagnosable and treatable disorder and is MEDICALLY necessary for you. Don't let them wear you down. If they'll deny you, follow all rules for appealing decisions and even go to a small claims court. At the end you will win and they will pay.
So go to your endo without delay, and good luck!