Financing Reversal Surgery
Financing Reversal Surgery
A Personal Choice has partnered with leaders in the industry of surgery financing. The financing companies below are accepted by our office:
- Advance Care Card and My Medical Funding
- United Medical Credit
- CareCredit (starting April 1st 2019)
We have selected these two companies as the best companies to work with when financing tubal ligation reversal, vasectomy reversal, Essure removal, and Essure reversal surgery.
Financing reversal surgery can be a convenient way to have reversal surgery now without waiting to save for the full amount.
How to obtain financing for reversal surgery?
You need to apply to the financing company directly before you schedule surgery.
Once the company approves your application you can schedule surgery with our office.
- The Advance Care financing company will provide you with a card, similar to a credit card, that can be charged at the time of scheduling surgery.
- United Medical will notify our office of your approved amount before you schedule.
Two of the more unique plans are the My Medical Funding Patient Direct Loan and United Medical Credit Patient Direct Loan. If you are approved the company will send you the money directly and you can then use this money to pay our office for surgery or travel related expenses.
After your surgery is completed, you are responsible for paying the financing company for your surgery over the time frame you agreed upon. Your interest rate and terms are established with the financing company at the time you were approved.
Financing surgery can be a great way to have surgery now…but pay for surgery later.
Important points about financing reversal surgery?
The following are important points to be aware of when financing reversal surgery with
A Personal Choice.
- Qualification for financing is dependent on your financial situation and credit rating
- You are responsible for obtaining approval for financing
- After you have qualified we will need your financing information when you call to schedule surgery
- A $500 financing administration* fee is required for all financed surgeries. This financing fee cannot be combined with your financed amount, is non-refundable, and is payable at time of surgery scheduling
- If you qualify for My Medical Funding Direct Patient Loan or the United Medical Credit Patient Direct Loan and pay your surgery fee in full at the time of scheduling then the $500 financing fee will be waived*. The fee will only be waived for this loan and when surgery is paid in full at time of scheduling. See below for more details.
*Starting April 1st 2019, surgeries scheduled after April 1st 2019 will not require the $500 administration fee.
Advance Care Card
The Advance Care Card is a great way to get surgery now and pay later. The application is simple and you can schedule surgery as soon as you are approved and receive your card.
Approved applicants may receive up to 14 months of interest free financing at very competitive interest rates. The Advance Care card offers borrower’s a better advantage than CareCredit because borrowers can obtain up to 14 months of interest fee financing. CareCredit card holders must pay accrued interest during their no payment period!
With the Advance Care Card credit lines up to $25,000 are available with interest free periods of up to 14 months. Once approved, you will receive your Advance Care Card within 72 to 96 hours by priority mail and you can then schedule reversal surgery.
Ideal applicants are applicants with credit scores above 640; however, the company does have financing opportunities for applicants with credit scores less than 640.
Helpful Points When Applying For Advance Care
Before you apply for Advance Care you should be aware of the following important points:
- You must be at least 18 years of age
- You cannot have declared bankruptcy within the last 5 years
- You cannot have been referred to collections within the last 12 months
- Your minimum total household income must be at least $1,500 a month
In general your credit score determines the interest free period you will be offered:
- Credit score of 650 or higher… up to 14 months of interest free financing!
- Credit score 620 to 650…. up to 6 months of interest free financing!
- Credit score of 500 to 620… no interest free financing offered.
After you qualify for the Advance Care card, the company will mail you a card that looks just like a credit card. The Advance Care card functions like a credit card when being used to pay for surgery.
To access the financed money on the Advance Care Card, the card needs to be swiped on a credit card processing terminal and because of this the card holder will be charged a 3% processing fee when the card is used at A Personal Choice.
Although the Advance Care Card functions like a credit card, the card can only be used for services obtained by approved providers and cannot be used for non-medical expenses (ie gas, hotel, or food).
My Medical Funding: Offering Direct Patient Loans
If you have a low credit score or if you would like a direct patient loan then you can apply for a direct patient loan from the My Medical Funding Company using this link:
My Medical Funding is a direct loan program sponsored by the Advance Care company. They specialize in direct patient loans and will even loan money to those with lower credit scores. For some reversal patients this may be very appealing because the money will be sent directly to your bank account… you can use this money to obtain the lower cash discounted fee or use the money for travel related expenses.
United Medical Credit
Every day, medical providers perform necessary procedures for patient’s health and well-being. On many occasions patients are unable to pay upfront for these important medical procedures.
United Medical Credit assists patients by helping them finance medical procedures without hassle.
Through a network of experienced physicians and competitive lenders, United Medical Credit is able to provide you with the right medical financing options, at the best rates, and in a timely fashion.
United Medical Credit offers financing and loan options:
(1) UMC Provider Direct Financing
(2) UMC Patient Direct Loan
1. UMC Provider Direct Financing
UMC Provider Direct financing is a traditional surgery financing program.
If you are approved for UMC Provider Direct financing, then United Medical will send your surgery payment directly to A Personal Choice after your surgery is scheduled.
2. UMC Patient Direct Loan
United Medical Credit’s Patient Direct Program is a personal loan program.
If you are approved for United Medical Credit’s Patient Direct Program, then United Medical will send monies from your approved loan directly into your personal account.
UMC’s Patient Direct Program offers much more flexibility because money is deposited into the patient’s account before surgery is completed! This money can be used for any expenses related to your procedure.
The UMC Patient Direct Loan Program will fund amounts of up to $25,000. You can then use these funds to pay A Personal Choice directly for your surgery and to pay for travel, lodging, and food expenses!
If you qualify for United Medical Credit’s Patient Direct Program* and pay for your surgery in full at the time of scheduling then A Personal Choice will waive the $500 financing fee.
Important Points About UMC’s Patient Direct Loan Program
*Excellent credit is required to qualify for the Patient Direct Program. Not all applicants will qualify.
* The surgery fee will only be waived if you qualify for a Patient Direct Loan and the surgery is paid in full at time of scheduling.
*The Patient Direct program is currently NOT Available for applicants residing in Colorado, Connecticut, Iowa, Maine, Maryland, New York, North Dakota, Pennsylvania, Rhode Island, Vermont and West Virginia.
How to apply for UMC Financing for reversal surgery?
Apply now for UMC financing by clicking on the United Medical Credit logo on this page or using this link:
With the best financing reversal company working with A Personal Choice it has never been easier to finance tubal reversal surgery or finance vasectomy reversal surgery.
United Medical has also partnered with A Personal Choice to offer patients financing for Essure reversal and Essure removal surgery.
CareCredit: Coming Soon!
We currently do not take CareCredit…but we anticipate being able to accept CareCredit for payment for all surgeries scheduled after April 1st 2019.
Tips on Financing Reversal Surgery
1. Have good credit
Financing companies are only willing to finance surgery (loan you money) if they feel you are financially stable enough to repay your loan. They do not want to loan money if they feel you will not repay them.
2. Consider applying with a co-applicant (loan co-signer)
A co-applicant with good credit can greatly increase your chances of obtaining surgery financing. The companies will often advise our office: A good co-applicant will increase the chances of a loan approval for this patient, allowing them to finance their procedure!
3. What to do if your application is rejected?
If your application is rejected you can reapply with a co-applicant or another co-applicant with better credit.
4. Funding amounts
You may receive full or partial funding for surgery. The better your credit or the better the credit of your co-applicant then the more funding you can expect.
5. Patient Direct Loan Programs
Consider applying for the My Medical Funding Patient Direct Loan or United Medical Credit’s Patient Direct Loan. If you are approved then the loan is deposited directly into your bank account before surgery and you can pay our office as if you were paying directly for your reversal surgery. You can also use this money to pay for any surgery related expenses.