Affordability
Today many health plans cover the LAP-BAND® procedure and most if not all of the costs will be paid for. Each health plan will have certain criteria that need to be met before you can actually have the surgery. Talk to your surgeon about health plans in your area that cover LAP-BAND® surgery. In some cases your insurance may not cover the LAP-BAND® procedure. This can be in the form of a "Denial" to what is called a Prior Authorization Request. Following denial or when insurance coverage for the LAP-BAND® System procedure is not available, there are several alternatives that can be considered as viable payment options. These include lump sum payment and affordable patient financing. Watch Our Short LAP-BAND® Movie Watch the LAP-BAND® Video
The Affordability CalculatorOur calculator can help you determine your approximate current weight-related expenses. It will also calculate your approximate savings should you choose to finance your LAP-BAND® procedure.  Potential Tax SavingsIn the year you finance your LAP-BAND® System 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. |
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! What better investment could you make in yourself and your future?
