In the baby business
Money Magazine Australia|October 2021
While assisted reproduction can be a prolonged and expensive process, for many women it’s well worth it
NICOLA FIELD
In the baby business

In the time it takes for you to read this article, 11 newborns will have made their way into the world across Australia. Close to 300,000 babies are born annually around the nation, making pregnancy and childbirth a commonplace event. What’s extraordinary is that one in 20 of those babies relied on in vitro fertilisation (IVF).

Forty years ago, Australia was an IVF pioneer. Today IVF and assisted reproductive technology (ART) are big businesses, supporting a wide variety of private clinics, many of which are owned by publicly listed companies.

These companies have followed the money trail. IVF is not cheap and it’s not widely available through the public health system. The cost varies between private clinics, but as a guide expect to pay around $220 to $350 for a first consultation. From there, an initial IVF cycle can cost $8680. After allowing for a Medicare rebate and Medicare safety net (more on this later), the likely out-of-pocket cost to the patient can be about $3800.

These figures may be base estimates only. For couples relying on intracytoplasmic sperm injection (ISCI), which can be used to assist with male infertility, the cost of an initial cycle can rise to $9560, with the out-of-pocket expense likely to be in the order of $4200.

The real clincher is that it can take multiple cycles to fall pregnant. According to the Victorian Assisted Reproductive Treatment Authority (VARTA), most people who go through IVF, regardless of age, do not have a baby after just one cycle.

Diese Geschichte stammt aus der October 2021-Ausgabe von Money Magazine Australia.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 2021-Ausgabe von Money Magazine Australia.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MONEY MAGAZINE AUSTRALIAAlle anzeigen
An outrageous, beautiful monopoly
Money Magazine Australia

An outrageous, beautiful monopoly

Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.

time-read
4 Minuten  |
July 2024
Drop the anchor to judge value
Money Magazine Australia

Drop the anchor to judge value

Buying and selling decisions should be based on where a stock price is going, not where it has been.

time-read
3 Minuten  |
July 2024
Powering the AI boom
Money Magazine Australia

Powering the AI boom

Beyond the software and chipmakers, where will the energy come from?

time-read
3 Minuten  |
July 2024
Get into life
Money Magazine Australia

Get into life

Tucked inside super are products that can protect you from life's inevitable uncertainties.

time-read
5 Minuten  |
July 2024
Paths to home ownership
Money Magazine Australia

Paths to home ownership

Taking the road less travelled can sometimes deliver unexpected benefits.

time-read
5 Minuten  |
July 2024
Sold! Quick ways to add value
Money Magazine Australia

Sold! Quick ways to add value

Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.

time-read
5 Minuten  |
July 2024
Money lessons the kids need to know
Money Magazine Australia

Money lessons the kids need to know

Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.

time-read
4 Minuten  |
July 2024
Property-investing rules: are they likely to change?
Money Magazine Australia

Property-investing rules: are they likely to change?

The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.

time-read
3 Minuten  |
July 2024
What's love got to do with it?
Money Magazine Australia

What's love got to do with it?

A rollercoaster of emotions could be driving poor crypto behaviour.

time-read
3 Minuten  |
July 2024
Are we ready to be cash-free?
Money Magazine Australia

Are we ready to be cash-free?

Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.

time-read
2 Minuten  |
July 2024