Can you finance plastic and cosmetic surgery in Canada? 

The cost of cosmetic surgery in Canada is generally higher than in other countries, which is part of the reason financing for plastic surgery in Canada is so common. Its general availability doesn’t mean that everyone qualifies for it though; to gain approval for a loan for plastic surgery, you must meet your chosen lender’s eligibility requirements. 

What types of plastic and cosmetic surgeries can you finance in Canada?

Most types of cosmetic surgery can be financed by specialized cosmetic surgery loans or payment plans; the medical financing market in Canada includes breast augmentation financing, rhinoplasty financing, tummy tuck financing, hair transplant financing, Lasik eye surgery financing, and much more. There are specialized lenders of cosmetic surgery financing (who can sometimes be affiliated with cosmetic surgery clinics) as well as lenders of more general-purpose loans that can be used to cover the cost of surgery. 

How does a loan for plastic surgery work?

Plastic surgery financing works much like any other form of financing: you borrow a lump sum, which is used to cover the cost of your medical procedure(s), and then you must repay the loan (plus applicable interest and fees) in regular repayments over a set period of time. The exact amount you can borrow, the interest you pay, and the repayment period all depend on the lender you choose and your personal financial details. Some cosmetic surgery clinics offer short term, interest free payment plans to their clients as well.

Can you get plastic surgery for free in Canada?

All medically necessary procedures are covered by provincial healthcare plans, but elective procedures are not. Some private health insurance plans may cover some costs related to cosmetic procedures (e.g. for reconstructive purposes), but rarely cover the costs of medical procedures done for purely aesthetic reasons.

How much does plastic surgery cost in Canada?

The cost of plastic surgery in Canada can vary, depending on the type of surgery, your location, your chosen surgeon/clinic, and so on. For example, a rhinoplasty can range from about $9,000 to $18,000. A facelift in Toronto costs on average twice as much as the same procedure in Vancouver or Montreal. Make sure you understand the cost of your chosen procedure(s), and consider plastic surgery payment plans if possible to help spread the cost.

How to apply for a cosmetic surgery loan in Canada

Applying for a cosmetic surgery loan in Canada is much like applying for any other type of financing: you must first select a lender, and then complete a loan application form, including your personal and financial details so the lender can determine if they’re comfortable lending to you, and if so, the appropriate loan terms. You can find the best medical financing in Canada by shopping around; there are plenty of lenders to choose from, so you can focus on those that offer competitive terms and have solid reputations, to ensure your financing journey is successful.