Hello,
Surgery can sometimes be extremely costly, but when it is absolutely necessary, it is better to find a way to finance the surgery over avoiding it all together. If your medical insurer can not or will not pay for the surgery - as is common in cosmetic practice - it may fall back on you to finance the surgery yourself, which is what is known as self pay.
There are several options for this.
- Borrowing from your retirement savings
Depending on who you save with, you may be able to borrow from the money you have already saved towards your retirement. Some companies allow you to borrow up to 50% of the money you have thus far saved.
- Use home equity
- Use payment plans
Some hospitals allow payment plan systems, where you can pay off the cost of your surgery in smaller increments per month, or every 6 months etc.
These are just a few options for ways of financing your surgery, I hope it was useful.
