Financial Questions & Answers October 2020
- How much does the sleeve procedure cost:
- Cash patients:
- Sleeve starts at $8500 and if a Hiatal Hernia is present cost is $11,750.00.
- Depending on insurance company, Hiatal Hernia could be covered by insurance even if Bariatric Procedures are excluded.
- Insurance Patients:
- Meet all insurance pre-testing requirements for approval.
- Once approved benefits would be deductible and out of pocket amounts payable to hospital at pre-op.
- Financing:
- There is no in-house financing available.
- Finance options as followed:
- Prosper Credit accepted (NO CARE CREDIT ACCEPTED)
- Link on website to apply, interest rate/monthly payments based on individual credit scores, amount of loan, and length of loan term.
- Personnel Bank Loan is an option which may give you better interest rates.
- 401K Loan for which documentation can be provided if requested by employer.
- We cannot advise on which one a patient should go with as it is the patient’s preference.
- When does the money have to be paid?
- Insurance patients will pay hospital on day of EGD when they check in to admissions.
- Cash patients will have to have surgery paid in full 10 business days prior to EGD.
- If having to pay for Hiatal Hernia if needed auth must be on file to be ran on day of EGD if needed.
- SURGERY HAS TO BE PAID IN FULL PRIOR TO HAVING SURGERY.
- MAKE SURE IF PAYING WITH DEBIT CARD YOU CALL YOUR BANK TO INCREASE THE DAILY LIMIT AS IT WILL DECLINE UNTIL THAT IS DONE.
- Surgery Calculator
- Obese patients spend on average almost $1,500 more each year on healthcare which is 41% more then the average weight person.
- Individuals of average weight will spend about $3,400/yr in medical expenditures and the amount rises to $4,870 if individual is obese.
- Medicare covered individuals of average weight have expenses that are about $4,700/yr while cost for obese patients range about $6,400 annually.
- Prescriptions for the average weighted population cost on average $700/year while the obese population rises to about $1,300 annually which is an 80% increase.
- Ten costliest conditions resulting from being overweight or obese:
- HYPERTENSION: $461.5 million
- TYPE II DIABETES: $335.2 million
- OSTEOARTHRITIS: $301.8 million
- CHRONIC BACK PAIN: $255.8 million
- ALZHEIMER’S and VASCULAR DEMENTIA: $106.2 million
- CORONARY HEART DISEASE: $62.0 million
- GALLBLADDER DISEASE: $54.3 million
- STROKE: $28.7 million
- DYSLIPIDEMIA: $28.6 million
- ASTHMA and COPD: $26.8 million
