Thursday, September 2, 2010
Cosmetic Surgery Financing
If the desire for youth and beauty continues to grow at its current pace, cosmetic surgery soon may be an everyday common event instead of a luxury for the rich.
Insurance claims for many cosmetic surgery procedures will continue to be returned stamped “rejected.” Healthcare companies consider cosmetic surgery as superficial and unnecessary-- improving form rather than correcting function.
Insurance companies see facelifts, strictly as enhancements, and breast augmentations, as added attractions. Unless justified by medical reasons which convince your insurance company to approve the procedure, cosmetic surgery will not be covered by their policies.
Whatever your reason for seeking cosmetic surgery, the nature-balancing adjustments performed by a board certified plastic surgeon are an out-of-pocket investment. For most people – they’re very worth it.
Let’s explore the possibilities of financing your cosmetic surgery!
• Cash. For patients who have the funds to pay for their procedures prior to surgery with a cash payment, check or money order.
• Personal Credit Cards. Often times the physicians of Aesthetic Surgical Images allow the use of many different credit cards to pay for cosmetic procedures. Some patients choose to place part of the costs on their credit card and pay the rest in cash. Being able to use your favorite card allows you to achieve the look you want today, and pay for it tomorrow.
• Outside Medical Financing. There are companies that specialize in giving loans for medical and plastic surgery procedures. Companies such as Care Credit and Chase Health Advantage offer no-interest financing options if paid during the promotional period for patients who qualify. Ask the business office at Aesthetic Surgical Images for more information on these companies and payment plans.
• Private Bank Loans. Banks have been known to give personal loans-- not usually for something as personal as plastic surgery— but it does happen. However, unless you keep a hefty balance in your accounts, they will require collateral and usually charge a higher interest rate.
Before you decide which financing method to use:
1. Read the fine print in your medical insurance policy. Some procedures are actually covered if they correct injury-related or physical problems. If there’s any doubt, ask your agent who sold you your policy, not the insurance carrier direct. Often times procedures such as a breast reduction, rhinoplasty and blepharoplasty (eyelid surgery) may be covered by your insurance company.
2. Ask your surgeon to write a predetermination letter of medical necessity on how your condition could be a deterrent to your health if not corrected.
For more on this visit our webpage that will explain it all!
at 11:15 AM