+ Reply to Thread
Results 1 to 6 of 6
  1. #1
    Join Date
    Feb 2015
    Posts
    267
    Thanks
    22
    Thanked
    72
    Reviews
    0

    Default IvF payments

    Hi everyone
    Hope you can help me figuring out how ivf payments work at genea.
    Money isn't generally an issue for us and the out of pocket expenses seem low enough to even have a cycle every month. however I am unsure whether and how much the upfront costs are as I have heard crazy things and I would like to know for planning purposes when I should expect paying a large chunk of money to my FS as we are also spending large amounts on renovations at the moment. I.e I don't want to purchase $10k worth of flooring in the same month I need to pay $10k to my FS. How does this all work?

  2. #2
    Join Date
    Jun 2015
    Posts
    155
    Thanks
    1
    Thanked
    22
    Reviews
    0
    Hello,
    I'm certainly no expert as my first appointment is at the end of this month. But I did ask this exact question to the clinic I will be seeing.
    I'm sure all clinics will be different, but mine said there are two bulk payments.
    One before treatment begins, and the second before transfer.
    The total cost was ~ $9,500 with roughly 50% for each payment. They said what you get back depends if you have already reached your Medicare threshold. They expect that overall it'll be ~ $4,500-5,000 out of pocket.
    This price didn't cover any hospital fees, but a lot of health insurance covers this.
    Hope all goes well 😊

  3. #3
    Join Date
    Aug 2014
    Posts
    2,288
    Thanks
    2,370
    Thanked
    1,929
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Hi, I can't speak for genea but with my clinic you pay full amount upfront before you start your cycle then at the end of your cycle they process it to medicare and then you'll get the rebate back so it does take a few weeks that you'll be out of pocket the full $. The reason it takes a while as the cycle may be cancelled - you may not make it to egg collection - and often clinics charge a different fee in that case so they need to wait until it's all systems go before finalizing the account at their end before it goes to medicare. That said once it goes to medicare I've always gotten the rebate in my account within a couple of days.

  4. #4
    Join Date
    Jun 2011
    Posts
    3,431
    Thanks
    1,018
    Thanked
    2,081
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Usually with Genea they charge your credit card or payment method day of transfer and then they submit your rebate to medicare and you get it back within about 5 days. It depends on the clinic though, some charge you up front on cycle day one and then after transfer you get the rebate.

  5. #5
    Join Date
    Jun 2015
    Posts
    82
    Thanks
    88
    Thanked
    43
    Reviews
    0
    I'm unsure how genea works, but my clinic has 2 options.
    1. You pay upfront $6500(approx) and then you can claim through Medicare and you receive your rebate within 1-2weeks total out of pocket is around $2500 (not incl hospital fees)
    2. You pay a 1/2 then the remainder on transfer. This process takes longer to get your rebate as they have to claim as you go rather then one upfront reimbursement.

    We're going with the upfront option.

  6. #6
    Join Date
    Mar 2012
    Posts
    781
    Thanks
    65
    Thanked
    139
    Reviews
    3
    Achievements:Topaz Star - 500 posts

    Default IvF payments

    Norwest take out the total near the egg pick up and then $6500 is put back in via Medicare about 3-5 days later... We got ours back very quickly


 

Similar Threads

  1. PT work and Centrelink payments
    By SpecialK in forum Working Hubbers - Employed
    Replies: 1
    Last Post: 27-01-2015, 21:37
  2. 2 separate payments centrelink ftb a & ccr,ccb?
    By nicolier in forum Family Finances
    Replies: 1
    Last Post: 18-07-2014, 09:20
  3. Parenting payments
    By NAT2561 in forum General Parenting Tips, Advice & Chat
    Replies: 2
    Last Post: 28-06-2014, 10:14

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
BAE The Label
Versatile, premium maternity wear that you will love throughout pregnancy and long after. Cleverly designed for for all stages of motherhood so that you can 'Just be you (+1)'.
sales & new stuffsee all
Bub Hub Sales Listing
HAVING A SALE? Let parents know about it with a Bub Hub Sales listing. Listings are featured on our well trafficked Sales Page + selected randomly to appear on EVERY page
featured supporter
Medela Australia
Our goal is to give mothers and babies the best possible support for a great and long lasting breastfeeding experience. Medela have a full range of breastpumps and breastcare products, suited to every need and lifestyle.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!