Cost of Vein Treatment
The cost of vein treatment varies from one patient to another and it is influenced by a number of factors including the type of veins to be treated, their location on the body, the treatment technique to be used as well as the number of treatment sessions required. And just like other medical procedures, vein treatment involves facility related and procedure related fees. You will also need to know the cost of anesthesia and any other cost associated with the treatment like medication, bandages and compression garments.
During your initial consultation, the vein doctor will provide an estimate cost of the treatment. Then he/she will request for blood tests and any additional tests that may be needed to determine if you are a good candidate for vein treatment. Some doctors may include the costs of such tests in the total cost of the treatment or may give you the option to select a laboratory of your preference.
The vein treatment can be performed in a hospital setting or at the doctor's clinic depending on the type of vein treatment technique you need. In case the treatment involves surgery and will have to be performed in a hospital’s operating room, then the vein doctor will include this fee in the overall cost. The facility fee or operating room cost also varies depending on the clinic or hospital, but it usually ranges from $500 to $1,000.
The cost of the anesthesia depends on the type of procedure and how long it will take to complete. It also depends on the type of anesthesia that will be used although vein treatment normally requires local anesthesia only. On average, the cost ranges from $500 to $1,000.
Vein Doctor’s Fee
Again, vein treatment costs tend to vary greatly from doctor to doctor. Most vein doctors have their own clinics and the accompanying fee is lower compared to procedures performed in hospitals. Moreover, if a patient is having multiple procedures performed at once, the doctor is likely to give discounts and reduce some of the fees. In this case, the patient only pays once for anesthesia and operating room costs.
Insurance Coverage for Vein Treatment
Insurance coverage for vein treatment and vein surgery varies depending on your specific policy and on your insurance provider. Many insurance companies classify vein treatments into two categories: cosmetic procedures and medically necessary procedures.
In general, vein treatments and vein surgery are covered by insurance if they are performed for medical reasons. Large veins that are symptomatic are usually regarded as medically necessary and are therefore covered by insurance. In the same manner, venous insufficiency is considered medically necessary and covered by most insurance providers, so long as it has proper documentation including the result of ultrasound diagnostics.
On the other hand, cosmetic procedures are not covered by insurance. For instance, the treatment of non-symptomatic spider veins is not deemed medically necessary so patients will have to pay out-of-pocket.
Vein Treatment Payments and Financing
In case your insurance provider does not cover the cost of vein treatment or surgery, most vein doctors offer flexible financing options and payment schemes. There are cases when the cost of the chosen vein treatment technique is greater than the patient’s allotted budget. For this reason, there are financial institutions that offer alternatives so patients can easily afford the procedure.
The vein doctor may discuss these plans with you or you may choose to apply online for medical credit. Medical financing works pretty much the same as others types of financing schemes. You just need to apply for a payment plan and if your application gets approved the company will pay the approved amount. The vein doctor will obtain the payment from the financial firm and then you can begin your monthly payment plan. This allows you to pay for the procedure over time instead of a lump sum payment.
Consult your vein doctor about financial plans he /she offers in case the procedure is not covered or only partially covered by insurance. Make sure you know how much the monthly payments will be as well as the interest rate.