Liposuction Financing

Is There Financing Available For Liposuction?


Across the board, doctors, medical professionals and even financial experts recommend that a person approach liposuction as they would any other major medical expense. This is an important factor to remember, because even though liposuction is most commonly an elective surgery, but it should still be handled with the responsibility that any medical procedure expense should be. Liposuction does cost considerably less than most other major medical procedures, but a plan should still be in place in order to make a sound financial decision. There are many options when it comes to how to pay for a liposuction procedure, which can depend on numerous factors (the location where the procedure is taking place, the doctor’s fees, the type of procedure(s) being performed and what kind of financing option is taken.)

Average Cost of Liposuction in the United States

On average, a liposuction procedure can cost anywhere from $4,000 to $10,000, according to the American Society of Plastic Surgeons (ASPS.) Since the cost of the surgical procedure is so high, most people do not have the financial resources to pay the entire bill upfront, so some kind of financial arrangement and payment plan is figured out between the doctor and the patient. It is important to note that since liposuction is generally seen as an elective (not necessary or luxury) surgery, finding financing to pay for the plastic surgery procedure can be difficult for some- especially depending on credit scores, financial history or wage earnings, among many other factors. This is why it is important for a person to weigh their options and do their homework before coming to a final decision on the matter.

Types of Financing for Liposuction Procedures

In-House Financing: Many plastic surgeons offer in-house financing options and plans to prospective patients. This may be the right path for some, but it is not uncommon for these types of in-house financing plans to be attached to high interest rates that can become bothersome if a person can not pay off the entire bill quickly- especially if the patient has bad credit.

National Financing Companies: There are many financial companies that actually have expertise specifically in medical expenses and plastic surgery financing. Examples of these types of national financing companies are CareCredit and, among many others. These national financing companies offer a variety of financing plans from long-term to short-term, and the interest rates attached to these plans can vary drastically (depending on credit history and personal employment/ wage earnings.)

Personal Loans: For many, the best option may to seek out a personal loan from their bank. This is typically the best option if a person is in good standing with their personal bank. If that is the case, banks tend to offer much more reasonable interest rates. The same can be true of just putting the cost of the liposuction procedure onto a personal credit card, if the limit is able to cover the entire cost;