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Steven R. Livingstone
2004-05-04

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Free IVF is 'good for the economy'

Steven @ Tue, 2006-06-20 14:45

According to British researchers the cost of funding IVF treatment is vastly outweighed by the resulting economic contribution made by the child. It was calculated that "while it costs £13,000 to create a baby using IVF, each child contributes £147,000 in taxes and insurance to the UK economy." Professor Bill Ledger notes that "funding infertility treatment is not just a benefit for the family, but also for society." With birth rates falling across the Western world, subsidised IVF is seen as one measure to help alleviate the problem.

Here in Australia Medicare subsidises around 50% of the cost of IVF treatments, with no restriction on the number of cycles. Around 30% of succesful cases require three or more cycles (attempts).  

Filed under: Health
 
AJ (not verified)
Sun, 2007-12-30 08:24
 

Very interesting analysis! With so many would-be parents eagerly seeking out IVF treatments, it's terrific news to learn that there's a societal benefit as well. Thanks for sharing!

 
iPod Video Converter (not verified)
Wed, 2007-06-13 12:14
 

You hit the nail on the head. I agree 100%.

 
Anonymous (not verified)
Tue, 2006-06-20 22:57
 

Now all they need to do is to work out exactly how much all the abortions carried out using public money COST the economy.

I'm not willing to bet that those figures will appear any time soon.

 
Tue, 2006-06-20 23:32
 

That's certainly an interesting point. I don't think I've heard anyone argue the economic value of 'right to life'. I'd have to agree though that being a conscience/moral based debate, releasing such figures may be considered bad taste.

 
Fillip Morris (not verified)
Fri, 2006-11-03 18:17
 

this is a test...

 
Medicare website (not verified)
Wed, 2007-06-13 12:13
 

I've heard the Austrailian MEdicare program is a good one. Maybe the US Should use it as an example.