Financial Options

For most patients with private insurance there is a No Gap policy.

For patients that are self insured the fee can be financed through a third party medical finance firm.

For more information please contact our practice on (08) 9448 9899.

Gastric banding pays for itself over time through health costs savings.

Excess weight, in particular obesity, is a risk factor for diabetes, heart disease, and some cancers. It can also make it more difficult to control chronic conditions

1. On top of the cost to your health, overweight and obesity can have a major financial impact on an individual.
   
   The cost of a gastric banding procedure can often be an important decision factor for those considering it. But a recent American study shows that the cost of a gastric banding procedure is offset by reductions in medical costs associated with obesity. In this study, the obesity-related medical costs of obese patients who didn’t have a gastric banding procedure continued to rise whereas for those who did have surgery medical costs declined.
   
   
2. Importantly, the gastric banding patients, within four years all patients had broken even financially and patients with diabetes broke even financially in 2.25 years. The study looked at healthcare claims data from over 7,000 patients who had undergone gastric banding compared with claims from a similar number of surgery-eligible people who did not have surgery. The results emphasise the important effect gastric banding can have on keeping healthcare costs down.
   
   
3. So, although there is an initial financial outlay for a gastric banding procedure, the benefits in terms of reduction in healthcare costs can be significant within a relatively short period, meaning it may be a cost effective option for weight loss in eligible candidates.