Bariatric surgery for weight loss could also be a life-saving procedure, but it’s not cheap. Although variety of insurance companies cover the procedure, many individuals find that their medical insurance providers balk at the value . Most insurance companies require a letter outlining a patient’s weigh-loss history and therefore the medical necessity for the surgery before they’re going to even consider financing the procedure. Even with a carefully crafted letter, many insurance companies will refuse to authorize the surgery.
If this happens, the patient shouldn’t hand over hope, since most insurance providers give patients a chance to appeal a denial. Most insurance companies require that patients appeal within 30-60 days after receiving a denial of coverage. The bariatric surgery insurance Appeal Letter should include information disputing the insurance provider’s reason for denial. As a final result, patients may have an attorney to assist prove the medical necessity of the procedure.
For patients with no insurance, there are financial alternatives available. variety of monetary institutions offer financing specifically for healthcare expenses like co-payments, deductibles, and procedures not covered by insurance, including bariatric surgery. Some offer no-interest, same-as-cash plans also as extended payment plans. Some bariatric surgery centers contract with finance companies to supply financial assistance to patients who have an interest during this sort of surgery but don’t have the insurance to buy it.
Finally, a patient can remove a home equity loan to finance the procedure. Those patients who do elected to buy bariatric surgery themselves should confine mind that it’s going to be tax deductible, since it’s considered a serious expense . A consultation with an accountant may e so as .