Got Denied By Ins...need Loan Advise..

[jenjen82 25]

well im not covered by my insurance for vsg so will have to be paying for it myself and was wondering if anyone knew of a finance company with 0% interest? im already going to have to pay a arm and a leg so dont want to have to pay interest also..

thx

[Joisey01 87]

My surgeon offers two companies. One is www.carecredit.com. The other is www.unitedmedical credit.com.

I hope this helps. I'm not sure of the interest rates.

[mdefabio 73]

So many people on this site were sleeved in Mexico. I've seen prices between $4,500 to $7,000. Maybe that would be more affordable for you.

[prettysleeved1 173]

My surgeon has pamphlets about some kind of financing option through Chase medical division. Although, it being Chase, I doubt it's interest free.

[jh5497 105]

I had to self pay so Mexico became a great alternative! There is an entire board dedicated to Self Pay/Mexico Sleevers

[suegirl 109]

401k loans and hardship withdrawals are another option too..... At least your paying yourself back at a positive interest rate and you can deduct it off your income taxes next year if it exceeds 7.5% of your gross income...

[Angelmom 30]

Did you appeal first? ...because now the public insurances are covering it for everyone...and other insurances always follow suit, then. Appeal it!

[damanda 41]

I used a withdraw from my 401K to go to Mexico. My surgery cost 5500. Most surgeons list the finance company the use on their website, but I have not seen any with zero intrest unless you pay it off within a short term like 6-12 months. Good Luck, I hope you come up with a plan that works for you.

[prettysleeved1 173]

Depending on how your 401K is set up, you still may have to pay back with interest. I wouldn't suggest touching the retirement account.

[jenjen82 25]

Thanks everyone for your advise. I don't have a 401k to borrow from. I'll figure this out , I'm going to make some calls tomorrow.

[Ready4success 380]

Depending on how your 401K is set up' date=' you still may have to pay back with interest. I wouldn't suggest touching the retirement account.[/quote']

I agree. You'll pay it back with money that has already been taxed, thereby taxing yourself twice.

I think going to Mexico is the best value, but that decision is up to each individual person.

[MIgroovy 1]

well im not covered by my insurance for vsg so will have to be paying for it myself and was wondering if anyone knew of a finance company with 0% interest? im already going to have to pay a arm and a leg so dont want to have to pay interest also..

thx

CARE CREDIT is interest free up to so many months if it's paid on time and for the length of time they allow for repayment. Your doctor's office should have the information or online. It is through G.E. Capital.

[tigerbelle 328]

here is a related question from me...I know my insurance doesn't cover bariatric surgery, so I will most likely be paying for the VSG myself...I have saved enough to pay for it; however, a concern I have is the chance of complications...I have heard that if you self-pay for the VSC surgery, that if you have complications as a result, the insurance company won't cover the cost of care that ensue from the complications...extended hospital stays, rehab and additional surgeries could add up to way over twice what the initial surgery costs...supposedly there are insurance companies that you can obtain a policy from that will cover the costs of care if the surgery has complications for up to one year post-surgery....has anybody heard of this or know of someone who has utilized it? any feedback will be helpful

[tigerbelle 328]

CARE CREDIT is interest free up to so many months if it's paid on time and for the length of time they allow for repayment. Your doctor's office should have the information or online. It is through G.E. Capital.

I am wondering how this company--Care Credit, which I have heard of--stays in business if it charges no interest...it must be that the surgeons themselves "discount" the account when it's turned over to Care Credit...in other words, if the surgeon's bill is $15,000, Care Credit would settle with the dr. by paying him/her $14,000 let's say...from the patient, though, Care Credit would collect the entire $15,000 from the patient, thereby profiting by $1,000 on the transaction

that makes me wonder...do surgeons possibly charge less to patients who are paying them up front with cash versus the patients who either finance through some company like Care Credit or have to file paperwork for insurance coverage....hmmm

[prettysleeved1 173]

I am wondering how this company--Care Credit, which I have heard of--stays in business if it charges no interest...it must be that the surgeons themselves "discount" the account when it's turned over to Care Credit...in other words, if the surgeon's bill is $15,000, Care Credit would settle with the dr. by paying him/her $14,000 let's say...from the patient, though, Care Credit would collect the entire $15,000 from the patient, thereby profiting by $1,000 on the transaction

that makes me wonder...do surgeons possibly charge less to patients who are paying them up front with cash versus the patients who either finance through some company like Care Credit or have to file paperwork for insurance coverage....hmmm

It's a credit card company. That's how they make money. People pay late....late penalty. People can't pay back within the interest-free period....interest starts. I'm willing to be that most people are not able to pay back within the interest-free period. And, I'm pretty certain the interest is sky high.

Not be a downer but I've looked up this GE capital company and they don't have the best reviews in terms of customer relations.

And yes, surgeons will charge cash patients less. Here, the bariatric surgeons are on television all the time giving their "special cash price."