BARIATRIC FINANCING OPTIONS
Financing options for bariatric surgery in Mexico are becoming increasingly popular. Although procedure costs at 80% of that in the United States and Canada (self-pay). Here are a few providers that most of our patients use:
United Credit: United Credit, formerly United Medical Credit, has an extensive network of prime and subprime lenders.
iFinance Medical Medicare: Canadian Only Financing
Medicard’s financing program ensures that you don’t delay your treatment due to cost concerns by offering you a variety of financing terms.
This financing option is for Canadian patients only that are seeking bariatric surgery in Mexico with Renew Bariatrics.
With Medicard you get the best benefits:
A vast majority of bariatric patients have paid for their surgeries via private insurance, Medicaid, or Medicare for surgery in the United States.
With weight loss surgery in Mexico, patients will have cover the surgery through alternative sources of financing or through self-pay. There are also people out there who qualify for bariatric surgery but are not able to get the help they need because they are either uninsured or underinsured.
For Renew Bariatrics, we urge our patients to request information from the above companies. Although these companies are independent, 3rd party companies, we have direct relationship with them to facilitate the lending process.
(Please note we do not have control over approval or terms and conditions.)
Unsecured medical loans can be in the form of credit cards, brokers or direct lenders. The most critical factor that determines the loan type available to you and the rate you will be charged is your credit score and report.
It is essential therefore that you find out what your credit score is before making any loan application and determining if any factors could bring down your score and you can deal with before working that loan application. This helps you to learn:
Many bariatric surgeons including some in Mexico claim to have payment plans in place to make treatment more affordable. However, under further review these payment plans are disguised loans with independent companies.
These loan companies provide the same major service as other companies with one exception. They typically compensate the bariatric center depending on the volume of patients. Sometimes the compensation can be excessive, despite the high deposit rate for surgery.
Many of these loans require major down payments, sometimes $2,000 or even $3,000. Then you would payback the loan with a high interest rate, just like traditional financing. The difference is with traditional financing, you can finance the whole surgery amount, making it easier to schedule when convenient.
Only you can determine if financing your bariatric procedure is worth it. There are few considerations to take into account to determine if bariatric surgery is worth it to you:
Other noteworthy aspects:
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“Individual results are not guaranteed and may vary, please refer to our disclaimer page. This content is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or another qualified health provider.”
“Renew Bariatrics, Inc. is a medical tourism scheduling facilitator, not a healthcare provider.”
