Financing for Lap Band Surgery
Health care financing is a popular payment option that can help you afford the cost of lap band surgery. When you finance the cost of treatment through a company that specializes in medical loans, it can provide a way of paying for the expenses associated with surgery and allow you to get the medical care you need to lose weight and improve your health.
With prices ranging from $15,000 to $25,000 on average in the United States, the cost of surgery and follow-up care is a significant amount of money. If you think that having lap band surgery is out of your financial reach, then you may want to look into your financing options to help pay for the weight loss procedure. Financing can help make treatment more affordable, especially if you do not have health insurance coverage or cash to pay for the surgery.
You may want to consider financing lap band surgery if:
- you do not have health insurance coverage
- your health insurance does not pay for lap band surgery
- you do not qualify for medicare or medicaid assistance
- you do not have cash to pay for the procedure
How Health Care Financing Works
Financing makes the cost of lap band surgery more affordable because it breaks down the payment amount into more manageable monthly payments. The exact amount of your monthly payment will vary depending on the amount borrowed, the interest rate, and the length of the loan.
When looking into your LAP BAND financing options, compare loan terms, interest rates, and credit limits to find the best loan for your needs. The process begins when you submit a loan application, which can often be done online at the lenders website. It is customary for the lender to review your credit record, current income, current assets and liabilities, in order to determine loan eligibility and approval.
Health Care Financing Options
There are many companies that offer financing for medical procedures, including lap band surgery. While we are not affiliated with any healthcare financing companies and do not make any recommendations, some of the companies offering financing for healthcare related expenses include:
- Reliance Medical Finance
- Care Credit
- Capital One
- Citerra Financial
- eFinancing Solutions
- Credit Medical
Another option is to contact your local bank or credit union and find out what type of loans they offer. You may be eligible for one of the loans they offer, which vary from secured loans to unsecured loans, including home equity loans or home equity lines of credit.
Many doctors offices have working arrangements with healthcare finance companies and can refer you to one or more options. If you want to consider financing for lap band surgery, you should ask your doctors office if they can provide you with any financing information.
The LAP-BAND® System Patient Financing Program
One of the financing options to discuss with your surgeon is the financing program offered by Inamed Health, the manufacturer of the LAP-BAND®. The financing program they provide links LAP-BAND® System patients with lending institutions. Your doctor may already participate in this program, or he or she may be willing to contact the LAP-BAND® System customer service department for more information. You can also look into the information on your own at www.lapband.com for more information on enrollment, financing, and other resources.
Financing Lap Band Surgery
Financing has helped many patients afford lap band surgery. If you find that financing will help you proceed with lap band surgery as well, make sure you understand the terms of your loan and choose the one that works best for your financial consideration. Once your loan is approved, you will be on your way to a healthier, lighter life.