The costs of IVF – financing your fertility journey

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A fertility specialist for over 15 years and our Medical Director, Dr Nicole Hope wanted to cut through the noise with honesty, transparency and practical guidance for women who are curious, anxious or currently in the thick of fertility treatment. Because if greater financial clarity can ease even some of the stress that comes with this journey, that’s reason enough.

Here’s a glimpse of what Nicole and Victoria covered.

Know before you go – understanding your treatment options

Egg freezing and IVF are often spoken about interchangeably, but as Nicole explained to Victoria, they’re not the same thing. Both involve hormone injections and egg collection. But where egg freezing preserves your eggs for potential future use, IVF takes things a step further, fertilising the eggs to create embryos.

It’s also worth knowing that IVF isn’t necessarily where the journey starts – or ends up – for everyone. Nicole was quick to reassure Victoria that many women don’t need to go down the path of IVF at all.

‘Just because you make an appointment with a fertility specialist, it doesn’t mean that you’re necessarily going to be doing IVF next month. They would initially organise all these tests, and sometimes there may be something that you can treat without doing IVF,’ said Nicole.

A GP referral to a fertility specialist can kick off the investigation process, and from there, a simpler treatment like ovulation induction or IUI (intrauterine insemination) may be all that’s needed. As for when to seek help, Nicole’s view is clear: you don’t need to wait a full year before reaching out, especially if fertility worries are already weighing on you. Getting the ball rolling early, even with a GP visit, is never a bad idea.

The financial side of fertility treatment – comparing apples with oranges

When it comes to choosing a clinic, headline prices can be misleading. As Nicole explained to Victoria, success rates are arguably the more important number to focus on. A clinic advertising lower costs but delivering lower success rates may end up costing you more in the long run – both financially and emotionally – if it means going through additional rounds of treatment. The government-funded website YourIVFSuccess is a useful starting point, allowing you to compare success rates across Australian clinics.

Beyond success rates, it pays to scrutinise what’s included in a clinic’s quoted price – and perhaps more importantly, what isn’t. Hidden costs, such as embryo freezing or best-practice techniques like EmbryoScope and EmbryoGlue, aren’t always reflected in advertised fees and can inflate your bill significantly. Always ask for an itemised quote before committing.

‘At Newlife IVF, our costs are generally quite inclusive. By which I mean they include the doctor’s fees during an IVF cycle, freezing the eggs or embryos during your treatment, and the extra lab techniques we consider best practice, like EmbryoScope and EmbryoGlue,’ said Nicole.

For those exploring how to fund treatment, there are a few avenues worth knowing about. Accessing your superannuation is possible, but only on mental health grounds, requiring documentation from a GP or psychiatrist. As Nicole noted, most patients navigating IVF do experience some degree of anxiety or depression related to their fertility journey, meaning that this pathway is more accessible than it might initially seem.

And if you’re considering a loan for IVF treatment, Victoria’s advice is straightforward: do your research and compare your options before signing anything.

To help make the cost of IVF or egg freezing more manageable, you may consider flexible, low-interest payment plan. Our finance team is available to walk you through this option or help find an arrangement that works for your circumstances.

Financial considerations are an important and very real part of fertility treatment, and they can influence decisions about timing, options and access to care. However, as Nicole has highlighted, the impact of treatment extends well beyond the financial investment. There is a significant emotional cost that patients often carry, including feelings of uncertainty, hope, disappointment and the cumulative stress of repeated cycles or complex decisions. Balancing these financial and emotional demands can be challenging, underscoring the need for care that supports not just the clinical and financial aspects, but also the psychological wellbeing of patients throughout their journey.

Tune in now

This is just a taste of what to expect from the full episode – rich with fertility treatment insights and financial guidance from two experts at the top of their fields. Watch or listen now for a complete breakdown of the costs, the hidden fees and the financing options available to you.

Budget versus premium-priced IVF clinics: does success cost more?

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The first point to make is that the cost of fertility treatment will always vary from couple to couple. This is because the type of treatment offered depends on the specific cause(s) of a couple’s fertility issues. But even when treatment is similar (e.g. standard IVF), the total cost of treatment can still differ because not every couple will achieve success straightaway. One couple may achieve success in just one treatment cycle while another couple may require two or more cycles. The latter scenario will lead to additional costs for storage of frozen embryos and repeat stimulation cycles or frozen embryo transfers (FET). Further, the cost of a round of treatment and ancillary costs, like storage fees, vary by provider.

In Australia, private fertility clinics typically fall into one of two service models: ‘budget’ or ‘premium’. So how do you choose between them – and is there an alternative to a low-cost or high-cost clinic? Before I answer that, let me explain some important differences between low and higher-cost clinics.

How do budget clinics differ from other providers?

A budget clinic is typically able to offer fertility treatment at low or no out-of-pocket costs by restricting the types of services they provide. For example, they may not offer care for all types of fertility issues, excluding those that incur a higher cost to the clinic. They may also choose not to offer specialised services such as pre-implantation genetic testing (PGT), donor conception (requiring donor eggs, sperm or embryos), surrogacy, or embryo freezing and storage.

Some budget clinics may also only offer standard medication protocols. For example, a woman who is 30 years old, within a specific weight range and has a certain number of eggs, may be assigned ‘Protocol A’ treatment without the option for an individualised treatment plan. Further, the doctors who consult at budget clinics are often on rotation, so you may see a different doctor for each of your appointments, much like an outpatient clinic at a public hospital. Budget clinics may also limit the number of IVF cycles that the clinic can start at any given time, which can lead to significant delays in treatment initiation and sometimes even a missed opportunity to conceive.

In contrast, non-budget clinics are more likely to offer all types of fertility treatment and extend their care to patients with more complex fertility issues. These clinics may also offer additional services such as PGT. The other benefit of these clinics is that you can choose which fertility specialist you want to manage your care. This specialist will provide personalised care specific to your needs and remain with you throughout your entire treatment journey. Lastly, these clinics don’t usually restrict the number of IVF cycles they can run at any one time, meaning you will be able to start treatment when you’re ready, rather than when the clinic can fit you in.

Do success rates vary between low-cost and higher-cost clinics?

Variations in each clinic’s patient populations make it difficult to draw a direct comparison between the success rates of two clinics. For example, some clinics may have a higher proportion of easy-to-treat patients versus patients with complicated fertility issues, which is likely to impact their success rates. Further, clinics can report ‘success’ in different ways, e.g. pregnancy rates may be reported as per egg collection OR per embryo transfer. Similarly, some clinics may report ‘success’ as a positive pregnancy test at the end of a treatment cycle, while others may report success only when a live pregnancy is seen on an early ultrasound (clinical pregnancy) or if a baby is born (live birth rate). Thus, if you are comparing ‘results’ between clinics, it’s important to check that they are using the same definition to report success.

Success rates may also not reflect the different ways patients can journey through IVF. For example, if a couple has all their embryos frozen because the woman is at risk of ovarian hyperstimulation, some clinics may record this stimulated cycle as one where the woman failed to proceed to embryo transfer. This doesn’t reflect that a fresh transfer was deliberately not attempted and that embryos were frozen for use in future FET cycles. Likewise, if pregnancy rates are reported after a FET cycle, it is not always clear if the embryo underwent PGT, which is likely to increase the chance of success.

I can only afford fertility treatment with a budget clinic – is it worth it?

Despite some limitations, there is a definite place for budget fertility clinics in Australia. If cost alone is the only barrier to starting fertility treatment, then a budget IVF clinic may still offer you a better chance of starting a family than trying to conceive on your own.

However, you should be mindful that the prices listed on a clinic’s website may not accurately reflect the total costs that you will incur throughout your care. The following questions are a great place to start when enquiring about treatment costs:

  • Are there additional fees for freezing surplus embryos?
  • What ongoing costs are associated with storing frozen embryos?
  • How much does a frozen embryo transfer cycle cost?
  • What fees do you charge for advanced lab procedures, such as intracytoplasmic sperm injection (ICSI) or PGT?

How do Newlife IVF’s fees compare to other providers?

One of the reasons we established Newlife IVF was so that we could offer patients high-quality fertility care at reasonable prices. As a doctor-owned clinic, we do not have the pressure of shareholders nor the need to meet the same profit margins required by larger, corporate fertility clinics. Not only do we offer premium fertility care at an affordable price, but our ‘routine’ treatments also include advanced lab techniques that some clinics may bill as ‘add-ons’ on top of their standard service costs.

Some of these advanced techniques include the use of the EmbryoScope time-lapse system, sequential media and EmbryoGlue for all IVF treatments, as well as egg spindle visualisation for all ICSI procedures. These extra lab techniques help us to select the best embryo to transfer into the womb, improve the chance of the embryo implanting, while also providing more information about egg quality and embryo development. We include these techniques as standard because we want to give our patients the best chance of success, right from their very first treatment. If the first cycle is not successful, we use information gathered from the EmbryoScope and/or egg spindle visualisation to provide our patients with meaningful feedback, and to help inform future treatment decisions.

What additional value does Newlife IVF offer?

At Newlife, we pride ourselves on offering our patients a highly personalised fertility treatments at our IVF clinic in Melbourne. We find our patients’ feedback speaks volumes about the exceptional standard of care we provide. Below are the top three things our patients say differentiate Newlife IVF from other IVF providers:

  1. Our fertility specialists and supporting clinical, technical and administrative teams all have a wealth of experience in caring for patients who need help building a family.
  2. Our attentive and caring staff offer regular feedback and support throughout a patient’s treatment journey, so they feel confident we are looking after them and their embryos, which makes them feel less like a ‘number’.
  3. Our patients appreciate coming to the same fertility clinic and seeing their dedicated doctor for all of their appointments. Since Newlife IVF isn’t located in a large hospital, it feels less clinical and more personal.

How can Newlife IVF help individuals and couples who have not found success elsewhere?

If you’ve not been successful elsewhere, one of our highly-skilled fertility specialists can offer a fresh perspective and a second opinion.

Further, our in-house laboratory was specially designed to reduce volatile organic compounds (VOCs) and harmful blue light in order to provide ideal conditions for embryo growth. We also employ extra lab procedures that you may not have had access to at your previous clinic. These procedures are included as standard to optimise embryo development and give your embryo the best chance of successfully implanting in the womb.

Last word

Our best advice is not to take treatment fees at face value. Not all IVF clinics are equal, and the cost of care doesn’t necessarily equate to the overall value a clinic provides throughout your fertility journey. You can receive premium fertility care at affordable prices by choosing an independent provider with leading fertility specialists and a commitment to best scientific practice. At Newlife IVF, we offer high-quality care at reasonable prices, so you can focus on the task of falling pregnant without the worry of undue financial duress.

You can book an initial fertility consultation with one of our fertility specialists by calling (03) 8080 8933 or booking online.

Further reading

 

 

 

The real cost of egg freezing – a candid conversation between Dr Nicole Hope and Victoria Devine

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Understanding egg freezing and the costs

Victoria Devine aims to make finance easier in every area of life, including fertility care. To do this, she strongly advocates that you take the time to do your research. Whether it be a new sweater, a first home or your future fertility – it pays to educate yourself first.

Victoria sat down with Dr Hope and asked her all about egg freezing. With a straightforward clarity that comes from her decades of fertility experience, Dr Hope outlined the egg freezing and IVF processes, and the differences between the two. She also explained how fertility care is timed to match the natural rhythms of your body. For this reason, a lot of fertility treatments are timed around your menstrual cycle.

‘The body has it all worked out and everything we do is actually trying to mimic or replicate what happens in the body,’ said Dr Hope.

Having covered the fundamentals, Victoria and Dr Hope then dived into the costs of egg freezing and IVF, as well as who is eligible for Medicare deductions to their fertility treatment. Dr Hope also discussed some of the patient financing options available to help people manage the costs of fertility care more comfortably.

Cutting out hidden fees at Newlife IVF

When it comes to any major expenses, Victoria recommends that it can be helpful to budget for both the known costs and any additional expenses that may come your way. In the case of egg freezing – depending on the healthcare provider you choose – you may have costs tacked on outside of the initial quote.

This is why at Newlife IVF, transparency with patients is a priority. It is rare for a patient to receive an unexpected or additional cost – and if there is a medical need for one, this will always be discussed beforehand.

‘People shouldn’t be getting too many extra costs outside what they are quoted,’ said Dr Hope.

Dr Hope also explained that all Newlife IVF patients receive an appointment with a member of the finance team before any treatment is started. This appointment helps people understand the costs of treatments and services, and the financing options available, which can help them make informed decisions about whether the treatment/service is right for them.

Infertility is more common than you may think

To complement Dr Hope’s fertility guidance, Victoria shared her own pregnancy experience, as well as the fertility journeys of some of her friends. It quickly became clear how varied fertility journeys can be and that there is no one-size-fits-all for family planning. This led Victoria to ask if there are any factors that can affect someone’s fertility.

Dr Hope explained that the quality of a woman’s eggs is one of the main contributors to their chances of having a baby. She added that although egg quality is affected by many factors, age is often the most crucial.

‘For women, the single biggest thing that predicts when we can get pregnant is our age,’ said Dr Hope.

Drawing on her proactive approach to fertility treatment, Dr Hope also talked through what people can do to improve their egg quality at any age.

A brief background about the webinar presenters

Victoria Devine is a multi-award-winning financial advisor, business owner, podcaster and author. She hosts the popular podcasts She’s on the Money and The Property Playbook, and is the CEO of Zella, a financial services company. Through all her ventures, Victoria aims to transform the way millennials think about money to make their financial dreams achievable.

Dr Nicole Hope is a highly experienced fertility specialist and the Medical Director of Newlife IVF. She also holds an advanced Certificate in Reproductive Endocrinology and Infertility (CREI). This is the highest level of qualification you can have in fertility care and less than 100 Australian fertility specialists have it! Above all, Dr Hope is passionate about helping her patients start or grow their families, and she prioritises the importance of providing the right information and support at each step of fertility care.

Learn more about the financial side of egg freezing

Watch the webinar for a full breakdown of egg freezing, the costs and the financing options available.