What are the funding options for mommy makeover surgery besides medical credit cards?

Cosmetic surgery can be a life changing event. In order to fully enjoy the benefits you must also feel comfortable with the financial obligations. Traditionally the cost of cosmetic surgery is paid "up front" meaning before the procedure is performed.. In order to meet this financial obligation a patient can either save up for it in advance or use some type of credit. Many practices will allow patients to pay with credit cards. If a patient's credit is not ideal occasionally a family member will either lone them the money or cosign a loan with them. Other options include utilization of some type of credit designed specifically for cosmetic surgical patients. There are several different companies that provide loans for cosmetic surgery. The interest rates for these types of loans are usually higher than a conventional lone because it is unsecured. Unsecured means that the lender has nothing they can take back' such as a car or a house' if a person fails to make the payments. Although there are many companies who make these type of loans two of the most popular lenders seem to be CareCredit and Prosper. Our patient's have had a good experience with both of these programs. Another popular company is Alpheon. These type of lending companies allow you to make your application over the Internet and provide an answer quickly. It is important however to find out beforehand whether their inquiry will effect your credit score. Some companies have what is called a "soft inquiry" which will not affect your credit score. When considering a loan company such as these it is very important to understand the terms of the lone and the differences between different lending programs. Some of the questions that you should ask when comparing different lenders are: What are the amounts available? How long are the terms good for? What are the interest rates and do they change? Is the money funded directly to the doctor or the patient? What are the transaction fees.? Will the interest rate and monthly payment change during the life of the lone? Are there any pre-payment penalties? Will all treatments, procedures, medications and associated costs such as travel and lodging be covered. Each company is a little different. You should be careful in selecting the one that best fits your particular situation so that your financial obligation does not interfere with the potentially life changing experience of your cosmetic surgical procedure.

Dear deliza666,

Thank you for your clinical post and sorry to hear that your
abdomen suffered from the childbirth process, but the consequences hopefully
are some wonderful kids and unfortunately some loose abdominal soft tissue and
muscle laxity.

A mommy makeover generally consists of some tummy tightening
work, breast rejuvenation surgery after breast augmentation and liposuction or
some combination thereof. Cosmetic
surgery is a luxury good item and is expensive, but there are some financing
options offered by most clinics including Medicard Finance. If job prospects are unfavourable or your
credit score is low then a co-signer will be required. There are some other options such as a
classic “layaway program” where you pay money to a clinic until a significant
portion of the fee has been paid for and you may then be able to finance the
rest either on credit card, family and friends or through Medicard
Finance. Most clinics will not provide
the procedure and then allow you to pay after in installments for obvious
reasons.

You can secure the funds, obtain the surgery and feel less
depressed about the aesthetic consequences of childbirth.

I hope this information has been of some assistance and best
of luck.

For more information, please review the link below. And also
the section on Medicard Financing.

R. Stephen Mulholland, M.D.

Certified Plastic Surgeon

Yorkville, Toronto