Plastic Surgery Financing: How to Pay for Your Procedure
Are you considering a plastic surgery procedure, but are wondering about the costs and how you are going to pay them? Plastic and cosmetic surgery is considered elective surgery, so insurance will not cover these treatments. This means that patients must pay out of pocket or make use of a plastic surgery financing method to pay for their procedures of choice. Read on to learn more about your plastic surgery loan options so you can get the procedure you want when you want it.
When you are researching plastic surgeons, ask each one if they offer any form of plastic surgery financing or payment plan. This may allow you to break up the cost of your procedure into smaller installments without paying interest.
Your plastic surgeon may offer financing through a medical credit card such as CareCredit or Alphaeon Credit. These cards are an easy way to finance plastic surgery procedures because they often offer promotional financing. You can break up the cost of your procedure into smaller monthly payments over a few months or years.
Most medical providers will allow you to charge your cosmetic procedure to your credit card. However, credit cards often have high-interest rates. In order to avoid this, you could choose to use a credit card with an introductory 0% APR offer. These types of offers usually last up to 21 months and are reserved for borrowers with good credit. This option can let you split up the cost of your procedure into smaller monthly payments without paying interest, as long as you pay your full balance by the end of the introductory period.
A quick way to secure money for a cosmetic procedure is to take out a surgery loan, also known as an unsecured personal loan. These lump-sum loans may range anywhere from $1,000-$50,000 and have a fixed APR and monthly payment. This option may be cheaper than some of the other financing options. However, it will add to the cost of your procedure since you will be paying interest.
Taking some time to save up the money you need for your elective procedure is also an option. Creating a monthly budget may help make your financial goals a reality and allow you to get the procedure you want without the financial consequences associated with borrowing money from a lender or charging a credit card.
Are you ready to take the first step toward your desired plastic surgery procedure? Contact Dr. Angelchik today to learn more about our financing options. We will be happy to discuss your plastic surgery goals to find the financing choice that is right for you and your lifestyle so you can receive the procedure you desire.