Payment Plans
Payment Plans
| Partial Payment Upfront | Full Payment Upfront | |
| What is it? | You elect to pay the "Gap" between the total treatment cost and the Medicare Rebate (this excludes any Medicare Safety Net you may be eligible for, as this is claimed by you at a later date). | You elect to pay two instalments prior to egg collection. From payment of the first instalment to receiving the Safety Net Rebate takes approximately 5-6 weeks. |
| Why would I choose this option? | You do not need to pay the full cost of the treatment upfront. | You receive Medicare rebates and safety net entitlements quicker under this plan. |
| How does it work? | - Full payment of the Gap amount is made by you to Monash IVF prior to the collection of medication (Instalment 1). - Monash IVF will submit a claim direct to Medicare for the remainder of the cycle cost. - Medicare will send a cheque for the balance of the cycle to you and you will need to forward this payment to Monash IVF (Instalment 2) - Monash IVF will provide you with an itemised tax receipt (once they have received the Instalment 2 Medicare payment from you). - You can then make a claim for the Medicare Safety Net Rebate. | - You pay an initial instalment prior to the collection of medication (Instalment 1). - You pay a second and final instalment prior to egg collection (Instalment 2). - Monash IVF will send an itemised invoice to Medicare after egg collection. - You will receive Medicare and Safety Net rebates (within 2-4 business days of lodgement of the itemised invoice by Monash IVF). |
Payment Options
Direct Transfer
Patients are able to make payment by transferring funds directly into the Monash IVF bank account. Please note that patients are not able to make payment in cash directly at the clinics. There are no fees applicable on direct transfer.
EFTPOS Card
Patients are able to make payment for their treatment by EFTPOS card. This can be done in-clinic or by phone on (03) 9420 8268. There are no fees applicable on EFTPOS transactions.
Debit and Credit Card
Patients are able to make payment for their treatment by debit or credit card (Mastercard & VISA). This can be done in clinic, online or by phone on (03) 9420 8268. Please note that a 0.8% payment surcharge is applicable on all debit and credit card transactions.
Zip Money
Zip Money allows patients to access treatment earlier with no payment required upfront. Patients apply directly to Zip Money for up to 6, 12, or 24 months with interest-free terms available* payment plans for IVF or egg freezing. To find out more about Zip Money at Monash IVF, please click here.
*T&Cs and credit approval criteria apply. A monthly account fee of $9.95 will apply. A one-off establishment fee may apply for new customers. Any balance outstanding at the expiry of the interest-free period will be charged at the standard variable interest rate, 25.9% per annum, as at 1 June 2023. Other charges may be payable, see T&Cs.
*Interest, fees and charges subject to change. Minimum monthly payments are required and vary depending on credit limit. Paying only the minimum monthly repayment may not repay a purchase within the interest-free period.
*Paying the minimum monthly repayment may result in paying off the purchase before the interest-free period expires. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878.
TLC (Total Lifestyle Credit) Payment Plans
TLC offers flexible, low-interest medical loans to help individuals and couples manage the costs of IVF treatment without upfront payment stress. Their IVF program provides funding for all related expenses including clinic, doctor, hospital, genetic testing and medication fees, with repayment terms of up to 84 months.
Applications are completed online or over the phone, with approvals typically processed within 24 hours. Funds are paid directly to the patient, providing full control over how they are used. To find out more about TLC please click here.
Benefits:
- Funding for all treatment costs in a single application, including multiple cycles
- No establishment or early exit fees
- Low interest rates (subject to credit approval)
- Flexible terms up to 84 months
- Fast access to funds, usually within 24 hours
- Funds paid directly to you for full control
Documentation required:
- Recent payslips
- Australian passport
- Medicare card
- Australian proof of age
- Loan statements
- 90 days of bank statements
Ideal for:
- Loans from $2,001 to $70,000
- Patients planning multiple or back-to-back IVF cycles
- Patients with high medication costs or elective cycles not eligible for Medicare rebates
- Patients with additional expenses not payable directly to Monash IVF such as MicroTESE procedures, genetic testing, overseas donor fees, or multiple hospital charges when uninsured
Payment plans provided by Total Lifestyle Credit Pty Ltd, Australian Credit Licence 509691 (TLC). For approved customers only. Terms, conditions, fees and charges apply. For a payment plan with TLC, interest rates differ depending on a number of factors, including the information you provide TLC and their assessment of your application.
Payment terms range from 24 to 84 months. All applications are subject to TLC lending and approval criteria. Speak to TLC direct for a quote based on your personal circumstances and for the full terms and conditions. A full credit and financial assessment would need to be completed prior to acceptance of any offer or product.
WARNING: The comparison rates are true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
EXAMPLE: For a payment plan for $30,000 over 60 months with the minimum interest rate of 6.99% p.a. (8.25% p.a. comparison rate), the total amount payable would be $36,711 (including a $250 establishment fee and a $13 per month service fee). WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Accessing Superannuation
Patients may be able to access their superannuation to assist with paying for IVF treatment.
- Patients are able to apply to access their superannuation directly through the ATO.
- Alternatively SuperCare assists individuals and families in accessing their superannuation.
It can take up to six weeks to receive payment from superannuation funds, so this process should occur prior to treatment commencing.
Questions?
For further information about the payment plans or options for payment, please email patientbillingteam@monashivfgroup.com or call 03 9420 8268.
At Monash IVF, your trust and safety is our priority - every step of your treatment process is guided by the highest standards of care. If you would like to learn more about our stringent safety processes, please view our laboratory protocols for more information.
Start your fertility journey
Wherever you are on your journey, one of our supportive nurse enquiry team members can help you understand your options and take the next step. These conversations are free and informative.