Plastic surgery procedures can be expensive. And while you wouldn’t be expected to have the entire sum for a house, you’re also not expected to have the entire sum for surgery procedures. Many patients resort to flying overseas to Thailand for cheaper plastic surgery procedures with underqualified surgeons. Patients also shop around for deals on surgery. While understandable, it is not a very good idea to take the
But to those looking to stay in Australia for their surgery, reputable surgeons accept financing and flexible payment plans in order to allow you to have surgery now and pay for it later. Surgeons and facilities understand that patients often delay procedures because of financial concerns.
Insurance also typically doesn’t cover plastic surgery. Most of the procedures are elective, so costs are paid out of pocket. Insurance companies will only cover procedures if the surgery is reconstructive, repairing the body after an illness or accident.
There are many finance options available to suit all types of applicants:
Some clinics and surgeons offer their own version of payment plans for some procedures. These typically don’t require credit checks and don’t compound interest. It is just a direct withdrawal from your credit or debit card on a weekly/bi-weekly basis.
Things to Consider
When financing plastic surgery, you’ll want to carefully review the contract you are signing. Remember that interest rates and terms are important, and often negotiable. Most financing options have a range of payment plans available, flexible terms (from 1-7 years), online applications and approvals, and allow you to apply any repayments from Medicare or your private health insurance to the payment plan.
It’s important to find a surgeon you trust, particularly when financing plastic surgery. Nothing can derail a payment plan more than needing corrective or follow-up procedures to fix a botched surgery. It’s also important to be realistic about what you can afford, particularly if you’re signing up for another monthly payment. Will this extra expense make things difficult for you and your family? That is a decision only you can make.
If you’re like most patients, you’ll probably never have the money for your plastic surgery procedures in one large sum. That’s why surgeons allow financing. If you’ve found a surgeon you want to use, talk to his/her office about their financing options. Do your research and read the fine print on any contracts before signing, and inquire about your clinic’s own payment plans, which can end up being easier and less expensive in the long run.