Your health insurance may not pay for your tubal ligation reversal surgery as it is considered an elective procedure. If your health insurance will not cover the procedure and you do not have the thousands of dollars to pay for the surgery, you can search for financing. There are a few options for tubal ligation reversal financing and having a good credit score increases your chances of being approved.
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Check your health insurance coverage to see if it will pay for part or all of the tubal ligation reversal procedure. Some health insurance companies cover the costs of diagnostic testing, anesthesia and the hospital stay associated with the procedure.
Apply for financing with a health care credit company, such as CareCredit or MedChoice. These companies work like credit cards, but are only usable for health care purposes. The health care credit pays for medical procedures upfront and allows you to pay back the loan in small monthly payments. If you do not have good credit and are denied for a health care credit loan, consider reapplying with a cosigner who has good credit.
Use a health savings account (HSA). A HSA is a special savings account used only for medical expenses. Although this is technically not financing, it still saves you money because the IRS does not tax you on funds used for medical care from a HSA account. You must purchase a high-deductible health plan (HDHP), which is a low-cost health insurance plan, before you open a HSA. Contact your health insurance provider to purchase a HDHP and open a HSA.
Ask your doctor to see if he offers a payment plan for tubal ligation procedures. Typically, payment plans offered by the doctor allow the patient to make monthly payments towards the full cost of the surgery. Once the full balance is paid, the surgery is scheduled.
Search for a doctor that offers low-cost tubal ligation procedures. Even if the low-cost surgeon is not local to you, the low cost of the procedure may be significant enough to warrant paying for airfare and a hotel stay.
Apply for a personal loan at your bank or credit union to finance the surgery.
Pay for the surgery using a credit card or an existing line of credit at the bank.