Cost of Bariatric Surgery
Did you know that obesity increases a person’s healthcare costs by 36% and medication costs by 77%, compared to people in a normal weight range? Extra weight often goes hand-in-hand with extra financial burden.
Surprised? Lets see why.
Many costs may not be obvious. Only when you add all indirect costs such as the ones listed below, what actually goes out of your pocket becomes clearer:
- Out-of-pocket healthcare expenses
- Prescription and over-the-counter medication costs
- Doctors/specialists consultation fees, lab work, physical therapy, etc
- Employment inactivity (missed work)
- Nonsurgical weight loss programs which can massively cost you but with yo-yo results
- Increased grocery and dining costs etc etc
Bariatric surgery, besides significantly reducing your weight, may also reduce your weight-related costs. If the cost savings that happen after surgery are taken into account, many find that financing surgery will actually save future money.
A recent study** showed that bariatric surgery pays for itself in about 2 years. Since weight loss surgery helps improve or resolve conditions associated with obesity, such as type 2 diabetes and high cholesterol, patients save money on prescription drugs, doctor visits, and hospital visits. In fact, monthly savings associated with laparoscopic bariatric surgery were shown to reach more than Rs 45,000 as early as 13 months following surgery.
Many think that financing surgery is not an option and that it would be too expensive.
Financial barriers should not stand in the way of your good health.
Many insurance policies and CGHS for central government employees cover Bariatric Surgery under certain conditions.
If bariatric procedures are not covered by your health insurance, DOSS has financing options available to ensure that every patient has the opportunity to experience how weight loss surgery can magically transform health and quality of life. We work with many finance companies that specialize in funding medical procedures and we can help you with EMI options available on Bariatric Surgery.