Bariatric Surgery Financing Options
Bariatric Surgery Financing can be a very stressful process. Our center designates a financial consultant to each of our patients. This person will do the following:
- Call your insurance company for you and verify if your company offers the benefit
- Walks you through step-by-step through all the things that the insurance company will require you to do if coverage is available
- Assist in financing options if insurance coverage is not available
Will my insurance pay for my surgery?
Many insurers in fact will cover your weight-loss surgery but it is difficult to achieve insurance authorization on your own. This is why we assign each patient a personal authorization specialist to stream-line this process. Insurance coverage varies from patient to patient and employer to employer. This is why it’s important to work with a specialist.
What insurances does Texas Bariatric Specialist accept?
We accept all private insurances. Both in- and out-of-network insurance plans are accepted. Please call us for details as all “in-network” provider lists are not always complete or up to date. We unfortunately do NOT accept Medicaid at this time.
What about cash pricing and options?
We are committed to helping as many patients as possible. We currently offer one of the lowest prices in the state (if not the lowest) for the gastric bypass and a very competitive lap band price. We work with each individual’s budget and offer several financing plans including:
The cost of surgery can be tax deductible!!
It is true!! The IRS does allow the deduction of weight loss programs including surgery when medically necessary. Click on the following link for more information: http://www.irs.gov/publications/p502/ar02.php#d0e2229 (then click on weight-loss program) Note that the cost of surgery must exceed 7.5% of your adjusted income. Other costs delineated by the IRS include weight loss surgery prep programs, health insurance premiums, post-operative visits, smoking cessation programs and other delineated costs may help you meet this requirement. Please consult with your accountant for further details.