What better investment could you make in yourself and your future? Weight loss can change your life and significantly improve your health. You may also find that dramatic weight loss can greatly reduce weight-related costs, which on average can be more than $15,000 a year!
Dr. Simpson offers special pricing to cash patients, and we also work closely with several insurance companies to verify coverage. Call our office to learn more: 480.500.5080.
Many health insurance plans cover weight loss surgery. Each health plan will have certain criteria that need to be met before you can actually have the procedure. Talk to your surgeon about health plans in your area that cover bariatric procedures.
In some cases your insurance may not cover bariatric procedures. This can be in the form of a “Denial” to what is called a Prior Authorization Request. Following denial or when insurance coverage for bariatric procedures is not available, there are several alternatives that can be considered as viable payment options. These include lump sum payment and affordable patient financing.
Financial institutions that have financed our patients:
Prosper Healthcare Lending is the premier financing company in the bariatric industry. With over $3 Billion funded and over 250,000 loan inquiries serviced, this is a name and a program you can trust. Here are some of the benefits you’ll receive with a loan from Prosper Healthcare Lending:
Longer terms for lower monthly payments
No collateral required
No prepayment penalties
Fast & easy loan inquiry process
These are companies that specialize in Healthcare financing. They have programs just for financing bariatric procedures. We recommend you research all your options and contact us if you have any concerns or questions. We offer the some of the most competitive prices in Phoenix Arizona, and all the rest of Arizona. Most important we offer a comprehensive, life long after-care program. In fact, our workbook is used by people who have had bariatric procedures in support groups throughout the country.
Potential Tax Savings
In the year you finance your bariatric procedure, you may be eligible to receive thousands of dollars back in potential tax savings. Think of this as a discount on your procedure. IRS Publication 502 states you can deduct only your medical and dental expenses when they total more than 7.5 percent of your adjusted gross income (see p. 2 of publication 502). Adjusted gross income is your total income less a few very specific deductions. Medical expenses may include fees paid to doctors, payments for hospital services, prescription drug costs, physician co-pays and the cost of participating in a weight-loss program for a specific disease, including obesity. Speak with your tax advisor or see IRS publication 502 for details.