Given Australia's birth rate, I would not consider it out of the realm of possibility for IVF procedures to become increasingly subject to rebate. There is a current $2K rebate in NSW, but what are the chances this gets increased or introduced in other states? Current IVF cycle costs about 10K. Little argument to be had to subsidise 50% of IVF costs, especially with reduced NDIS in the figure of $14 Billion for 2024. It would be a relatively small cost to subsidise IVF given its long-term benefits in productivity through reproductivity, especially compared to NDIS. In which of these does a dollar go further? 100% IVF rebate would probably lead to long term abuse of the service, but short term 100% rebate (say, for 6 to 12 months) would stimulate the sector and overall birth rate while keeping the IVF industry active in Australia. In effect, dissuading medical tourism for IVF treatment to SE Asia.
MVF Price at posting:
77.5¢ Sentiment: Hold Disclosure: Held
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