Having a vasectomy is a big decision. By having the procedure done a man can ensure that he can have otherwise unprotected sex without the fear of getting a woman pregnant. The choice not to have children was once thought of to be a permanent one. However, today there is a new option available to men who have had a vasectomy who now want to have children. For them, a vasectomy reversal seems to be a viable choice. However, vasectomy reversals can be very expensive and insurance often doesn’t cover the procedure.
Vasectomy reversal can be very expensive. After surgeon fees, equipment costs, a short hospital stay, and medication costs, the patient may be looking at a price tag of anywhere from $4,000 to $20,000 or more. That’s no small chunk of change for any family. That’s why many families considering the procedure may need to look into financing a vasectomy reversal.
Why does a vasectomy reversal cost so much?
Vasectomy reversals carry such a hefty price tag due to the complexity of the reversal process. Vasectomy reversals require more intricate surgeries than the original vasectomy procedure. For this reason, vasectomy reversals require specialized surgeon fees, which range from $1,000 to sometimes $3,000. Then there are the anesthetic fees that can cost as much as $5,000, not to mention the medication required or the possible hospital stay and lab testing. At the end of the reversal procedure you could be looking at a very expensive medical bill.
Financing a vasectomy reversal
Now, however, financing a vasectomy reversal is possible. Financing a vasectomy reversal can take the burden off of the family by not having to come up with the money right up front. Your doctor may know a few lending agencies that specialize in financing noninsured medical procedures. However, many other things need to be taken into consideration before a decision to finance such a procedure is made. Many people don’t consider, for example, that financing a vasectomy reversal through these agencies can often be more expensive than if financed through competitive credit cards.
Loan Agencies and Vasectomy Reversals
There exist several loan agencies that specialize in medical procedures not normally covered by insurance. However, these agencies often have higher interest rates and loan terms than competitive credit card companies. For this reason, it may be smarter to charge the procedure to your credit card rather than go with a loan agency when financing a vasectomy reversal.
Of course, always check with your insurance company to make sure that the procedure isn’t covered. Your insurance company may cover part or all of a vasectomy reversal. If the procedure isn’t covered, then financing a vasectomy reversal may be for you.
If a couple is interested in financing a vasectomy reversal, they should research all the available options and make sure that they’re aware of the interest rate and the loan terms. They should decide which option will be the most cost effective for their particular situation, which will save them the most money and which will best help them reach their long term goals.
When considering financing a vasectomy reversal, a couple needs to be especially concerned with the costs involved in having another, or their first, baby. Having a child is an expensive event in itself and needs to be considered by any family before deciding how they are going to be financing a vasectomy reversal.
Financing a vasectomy reversal can be costly and the terms of the loan could take years to pay off. For such an expensive procedure, it must be said that vasectomy reversals are not guaranteed. Sometimes, the man’s fertility cannot be restored.
With luck, the family will choose the right option and, with their new baby, or babies, will live happily ever after, or at least with little debt, and worry-free.