Although an appalling number of Americans do not have health insurance, it is a subject that must be covered when assessing cosmetic surgeries and their cost. Simply put, health insurance covers all medical treatments that are medically necessary to maintain your health. Seeing your doctor for heart or back pains would typically be covered by your insurance because either can severely impact your health and ability to function.
As you might guess, getting your breasts enhanced, face lifted, tummy tucked or lips enhanced is not covered by your health insurance. Simply put, you can function as a responsible member of society without such procedures. Well, maybe not responsible! Regardless, you are going to have to save money for your procedure or consider financing it.
Given the fact that health insurance is probably not going to cover you, what options do you have for financing cosmetic surgery? Well, the first is the simplest. Identify the cosmetic surgeon you want to do your procedure and get an estimate. Save up for the procedure and go have it done. An alternative to this approach is making monthly payments to your cosmetic surgeon. They usually will not agree to perform the procedure until all payments have been made, but at least it requires you to put money toward the procedure each month, to wit, a bit of disciplined saving.
The great thing about capitalism is there is always a company waiting to fill a void. In the case of cosmetic surgery, there are more than a few that will provide financing for you. The financing comes in the form of an un-secured loan and is usually paid back over five years. The best way to locate such companies is ask your cosmetic surgeon. He or she can recommend the best company and identify any specials then being offered on financing.
The cost of plastic surgery is rarely something for the faint. Most procedures will run you thousands of dollars. Although your health insurance will not cover it, financing for plastic surgery is readily available.
Financing Your Cosmetic Surgery
Cosmetic surgery is what is known as an elective surgery. The term elective has massive repercussions when it comes time to pay for the procedure. Specifically, elective surgeries are not covered by most health care plans. Instead, your health care only covers medically necessary procedures, to wit, a procedure that addresses some health risk such as cancer, hearing loss and so on.
Since health insurance does not cover cosmetic surgery, you need to figure out how to pay for it. Procedures range from $300 or so for simple botox injections to tens of thousands of dollars for major, complex reconstructive efforts. Most cosmetic procedures fall within the $2,000 to $10,000 price range. Regardless of the amount, the cost represents a lot of money you have to come up with. Plastic surgeons prefer cash, but financing is both expected and accepted.
Financing your cosmetic surgery is actually easier than you might think. Many lenders have recognized the need and created financing products to solve the problem. The loans range from good deals to nightmares, so you need to pay close attention to what you are agreeing to when undertaking financing.
You might be surprised to learn that Capital One finances cosmetic surgery. Yes, the same company that issues credit cards and has the funny commercials with the Vikings. Capital One offers financing up to $25,000 dollars. The loan typically has a term of 5 years and you make monthly payments. Interest rates on the loan depend on your credit. The company claims it offers rates as low as 1.9 percent interest, but the fine print indicates the rate goes as high as 23 percent. In simple terms, buyer beware!
If you are considering breast augmentation, Mentor Corporation offers the best financing solution. How good is it? They will finance your procedure in full if you agree to repay the loan with monthly payments for two years. The thing that makes it so great is Mentor does not charge you any interest! How can this be possible? Mentor is a manufacturer of implants, thus they make there money on the use of the implants. In practical terms, it is similar to car manufacturers offering no interest financing for new purchases.
If all else fails, there is one other option for financing your cosmetic surgery. Plastic begets plastic as they like to say. Yes, you can use your credit cards to finance the procedure you desire. Credit card interest rates tend to be astronomical, so make sure you understand the rate you will be paying and how the cost will impact your monthly payment.
Deciding to undergo cosmetic surgery is just one part of the decision. Figuring out how to pay for it is an entirely different issue, but just as important.
Both Alien & Ricardo De Silva are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Alien has sinced written about articles on various topics from Pregnancy Problems, Fitness and Get Rid of Bed Bugs. Alien writes for . He also writes for and. Alien's top article generates over 673000 views. to your Favourites.
Ricardo De Silva has sinced written about articles on various topics from Cosmetic Surgery, Rhinoplasty and Women. Ricardo de Silva is with PlasticSurgeonPractices.com - a directory of practices.. Ricardo De Silva's top article generates over 33100 views. to your Favourites.