Whatever your reason for wanting cosmetic surgery, coming up with the money to pay for it could pose a problem. Here's how you can go about financing your intended procedure.

How to Go About Financing a Cosmetic Procedure

There are a number of reasons why people elect to undergo cosmetic procedures. In some cases, accidents or illnesses may leave you with scars or disfigurement of some kind. Or perhaps you simply want to correct a perceived flaw or improve your appearance in some way in order to gain confidence and feel beautiful both inside and out.

Cosmetic procedures can range from something as simple as mole removal or Botox to much more complex procedures like lifts, liposuction, or rhinoplasty, just for example.

One thing is certain, though, cosmetic procedures can be pricy. Whether you want cosmetic surgery for aesthetic purposes or you need it to improve your daily function, coming up with the money to pay for such procedures could pose a problem. How can you go about financing your intended procedure?

Contact Your Health Insurance Provider

Let’s just start by saying that it’s extremely unlikely your health insurance provider will pay for cosmetic procedures, especially if they are deemed “elective”, which means they’re not medically necessary. Of course, there are cases in which procedures that are considered cosmetic are necessary from a medical standpoint.

If, for example, you are a woman with dense breast tissue that causes you pain and increases your risk for breast cancer, your insurance may be willing to pay for at least a portion of mastectomy and breast implant procedures should your doctor deem it medically necessary.

However, you shouldn’t expect this to work for every procedure. You need to speak with your doctor and your health insurance provider before assuming that a cosmetic procedure will be covered.

Save Your Pennies

If your insurance refuses to cover claims for cosmetic procedures, you’ll likely find yourself paying out-of-pocket, and this could entail major expense, depending on the procedure you’re having done.

Whereas a simple Botox procedure could cost several hundred dollars, lipo or rhinoplasty could set you back several thousand, depending on your area, your doctor, and the particulars of the procedure. This puts many elective procedures out of the average person’s price range.

Seek Financing

Don’t fret if your insurance won’t cover your procedure and you don’t have the cash on hand to follow through. There is another option. There are businesses that specialize in providing low-fee financing for cosmetic procedures.

In most cases, the process is as simple as filling out an online application for a loan, going through a credit check, and receiving speedy approval. If you’re ready to take a step that could improve your quality of life or help you to gain personal confidence, consider financing your cosmetic procedure.