Patient Financing for Plastic Surgery

Today more financing options are available than ever before, making plastic surgery procedures affordable to those who might not have considered it an option.

Because most cosmetic plastic surgery procedures are not covered by health insurance, plastic surgery financing is often the only means by which someone can afford the more costly procedures.

Financing Alternatives

Many financing alternatives are available, from installment plans arranged through your surgeon's in-house finance program, to credit obtained from outside finance companies that have partnered with your surgeon.

Plastic surgery financing is usually available regardless of the type of procedure performed. Monthly payments vary based on the cost of the procedure, the length of time needed to repay the loan, and your credit rating.

If your plastic surgeon does not offer a medical financing option, you can contact a medical finance company directly. Finance companies can provide a list of surgeons who participate in their network. This list does not endorse or reference the qualifications of each surgeon, so you need to carefully research the capabilities of each surgeon independently of the financing information. Many plastic surgery financing programs will only work with certain physicians, although a growing number of finance companies allow you to choose your own surgeon.

Cost Factors

You'll find that more experienced, better trained, and more highly skilled board-certified plastic surgeons command and receive higher fees. These surgeons also increase your chances of higher quality care and less risk of complications. Procedures performed in hospitals tend to cost more than in an office-based surgical suite (though this does not impact quality of care if you are using an accredited office-based facility). Procedures in the Northeast and West Coast also cost more, followed by the Central and Southern states where there is less demand.

Average Surgeon and Physician Fees

View this useful graph showing the average surgeon and physician fees in 2006 for numerous major surgery procedures and less-invasive cosmetic treatments:

Payment Tips

Here are some tips to consider when thinking about how to pay for plastic surgery:

  • Check your health insurance to find out what, if any, procedures may be covered under your plan. Some procedures that address health risks, such as repairing physical deformities and reconstruction after an injury, may be covered.
  • Find out if your procedure can be reimbursed under your health plan terms. Often your surgeon can make the health benefits more apparent to your insurer so that it is covered.
  • Ask your surgeon about financing the procedure and find out the terms.