For patients who do not qualify for insurance coverage and do not wish to self-pay, there are various third-party financing options available for each of the procedures we offer. Bear in mind that financing options will carry additional interest expenses and, depending on the program you choose, may add significant cost to the procedure. The following financing options are the most commonly used by our patients:
- Third-party medical financing. Private companies such as Prosper and BlisPay offer various programs to finance surgical procedures. These may include low or no interest programs lasting anywhere from one to three years. To learn more about these options, please contact our office and we will be glad to give you more information on the programs.
- Credit Cards. Patients will sometimes use their credit cards to finance a procedure, however most credit cards tend to have variable interest rates that can create long-term uncertainty about the cost of payments.
- Secured Loan. A secured loan, such as a fixed home loan or home equity line of credit, uses assets to collateralize payment to the lender. Before using this financing method, make sure that you know that one can lose pledged assets if payments are not made.
Before choosing to finance your procedure, please ensure that you understand the terms of your agreement with the lender. While we encourage our patients to look at all their financial options, we also want to be sure that they understand the financial risks.