To be perfectly honest private health makes very little difference where IVF is concerned. The only real benefit of PHI is that you can choose to have the egg pick up done in a private hospital. We have top of the line PHI and the only part of the IVF treatment we use it for is the Hospital admission and assoicated surgeons and anaestheists cost for the egg pick up. Medicare is responsible for determining the rebates on all the other costs of the cycle and PHI is not liable for any of that. So you will be out of pocket anywhere from Approx $1500 upwards on a stim cycle is my best guess. The costs go up from there if you add in special procedures like ICSI or PGD where your out of pocket is as much as $5000 a cycle.
Without knowing what the fees are at your particular clinic and what type of IVF you are having it is really hard to give an accurate answer. there may be someone on here who has dealt with QFG before who can be more specific.