For Canadian Patients
Medicard has been offering finance programs to Canadians since 1996.
The initial goal was to be "the Company" that Canadians would think of when they are in need of a medical, dental or veterinary procedure or product. Medicard is your solution to finding information, financing or a listing of Service Providers that can service your growing needs.
Do not let the lack of cash or Insurance coverage, hinder your hopes of getting bariatric surgery. Inquire about financing your weight loss surgery with medical financial services companies - and achieve your weight loss goals today.
Coming up with the finances for weight loss surgery can be daunting. Weight loss surgery costs can be as high as $35,000 in the United States, and in Mexico the costs can be as high as $10,000. Still, coming up with $10,000 in one lump sum may not be possible or can put ones’ personal finances askew.
Weight loss surgery is a life-changing procedure, financing your surgery can change your quality of life: decrease your risk of heart attack, decrease your risk of stroke, decrease the risk of other diseases, and countless others. It should be looked at as an investment in yourself, and not only for you but for your family as well.
We help you connect with companies who lend money to people who have been turned down by insurance, or who lack the cash required. The companies featured above are some of the companies whom we partnered with to help finance patient surgeries. These companies have financed many surgeries and can finance yours too. These companies can finance the following weight loss surgeries:
Weight Loss surgery is a qualified MSA deduction!
How Bariatic Surgery Financing Works
Patients financing surgery, such as vertical sleeve gastrectomy, is quite similar to financing a car. These medical financial service companies pay up-front the cost of your surgery (all associated costs), and after a successful surgery, there is a financing plan that the patient is put on to repay the loan.
Typically chosen in monthly payments, the patient will then start re-paying the loan back with the principal (loan amount) and interest (cost of funds). This helps you pay for the upfront cost of bariatric surgery.
The Principlal of the loan will be made up of all the costs loaned to you for your surgery. Associated costs with weight loss surgery include: hospital fees, surgical fees, air fare, transportation, etc.
The interest of the loan will be the convenience of having upfront cash. The interest rate you will be charged will depend on your financial standing (credit history, current income, outstanding debts, outstanding assets), the length of the loan term and the amount of money needed. There may also be upfront costs, or other costs in order to make this type of patient financing.