Blog Post

Hair Transplant Financing: How to Pay for Your Treatment

Robin McIntyre • May 7, 2024

Hair loss is a condition many people experience, no matter what age or gender. But in some cases, it can result in thinning or balding.


When this happens, you might want to look into ways to restore your hair. The thing is, it doesn’t always come at a low cost.


With the price of these procedures, hair transplant financing is a critical factor. So, how does it work? Here are a few ways you can pay for your treatment.


How Much Do You Need for a Hair Transplant?


You can expect a hair transplant to go anywhere from $3,000 to $15,000 or higher. Some charge the procedure with a fixed rate while others calculate them by the amount of grafts you need.


Even so, the
price of a hair transplant can vary based on several factors, such as:


  • Clinic and surgeon: The more reliable and reputable the clinic or surgeon, the higher their rates will be. The same applies if you choose a provider that specializes in hair transplants.
  • Location: Where you have your surgery can determine the rates they usually offer.
  • Condition severity: Your case can give you an idea of how much you might spend. If you need a lot of hair restored, you should also expect to pay more.
  • Chosen technique: The type of hair restoration surgery you get will affect how much you pay since they use different tools and skills to achieve desired results.


Does Insurance Cover Hair Restoration?


One thing you should keep in mind before getting a hair transplant is that it falls under cosmetic surgery. This is because these procedures are usually considered elective. So, they help improve your quality of life but aren’t always a medical necessity.


Because of this, nearly all
insurance companies don’t cover the expenses. It applies to both private and public providers, regardless of the reason you need to get the surgery done.


Common Ways to Pay for a Hair Transplant


Crossing insurance off your list of hair transplant financing options is a lot. Even so, there are other ways to pay for it without making a big dent in your funds.


The following are a few options you can look into:


Healthcare Financing


Healthcare financing involves pooling funds for healthcare-related purposes and allocating them according to your needed services. You can start by looking for a healthcare financing company to know if you can get approved for a loan.


Most recommend knowing the exact amount of how much you need to borrow. So, have a quick consultation and get a quote from your chosen surgeon or facility.


When you send over an estimate, you want to include any extra costs, such as travel and recovery-related expenses. It also allows you to make sure you have enough to cover the treatment if it goes over the provided quote.


Personal Loan


If you have a good credit score, consider applying for a personal loan, either from your bank or a third-party lender. These usually have lower interest rates and can be paid over a fixed term.


Keep in mind that getting a personal loan can affect your reputation among banks and lenders in the future. So, it’s crucial that you consider this option if you are capable of paying it back within the provided time.


Moreover, you can lose more than what you initially had to pay for due to the unsettled and increasing debt.


Payment Plans


How you pay for your hair transplant can vary based on the clinic you choose. Because of this, many recommend choosing an option that provides you with several choices, including payment plans.


With this, you can get your treatment done without delay and pay it off over a certain course of time. As a result, it gives you the flexibility to further prepare for each payment.


This option helps give you a clear idea of how much you need to pay for the surgery and how much of it you want to finance. This way, you can keep it at a rate and pace that you’re comfortable with.


Credit Card


Some clinics and surgeons may allow you to pay for your hair transplant surgery with your credit card. In this case, you want to be sure you have a high borrowing limit on your card to maintain a smooth transaction.


Depending on what you have available, you can also apply for a new card with 0% introductory interest rates for the hair transplant. This way, you won’t have to incur any additional fees on top of the treatment, aside from aftercare and follow-up sessions.


When using a credit card, it’s also important to look into the guidelines before using it. So, you can avoid any concerns with your payment later.


Personal Savings


One of the best and easiest ways to pay for a hair transplant is by using your personal savings. Note that this doesn’t necessarily mean you should spend all your money on the treatment.


Instead, you want to calculate how much you have to spare and see how much more you would need to pay upfront. This way, you can set aside enough money on your next paycheck to cover the surgery.


Most suggest this since it allows you to focus on paying for the surgery cost without incurring extra fees from banks or lenders. At the same time, it ensures your payment goes through smoothly.


Learn How to Prepare Your Hair Transplant Financing Options


Hair transplant financing is vital when you consider getting surgery. Insurance companies usually don’t cover it, so you want to have options that allow you to pay off the treatment with ease.


While there are different ways around it, you should always consider your current financial status. Loans are a commitment and can affect your accounts if you fail to pay them off. So, take your time to do research and find a provider or payment method that works best for your case!





February 17, 2025
Like many of my patients, I struggled with hair loss for years. My hair began thinning in high school, and by my 20s, my confidence was at an all-time low. I tried every vitamin and hair loss remedy, and spent countless hours trying to mask my baldness, feeling self-conscious in both personal and professional settings. It wasn’t until my late 30s that I finally took action. After undergoing a successful hair restoration procedure, my life changed dramatically. Within 8 to 12 months, my hair grew back, and with it, my confidence soared. I looked 10 years younger, and I no longer had to rely on time-consuming styling tricks. People treated me differently, and I felt like the best version of myself. That transformation led me to make a major career shift—from a successful Trauma and Cancer Surgeon to a full-time hair restoration specialist. I was double board-certified by the American Board of Surgery in Trauma Surgery & Critical Care Surgery and thriving in my field, but my personal experience with hair loss gave me a new mission. I knew firsthand the emotional toll it takes, and I wanted to help others regain not just their hair, but their self-esteem and quality of life. I initially worked for a large corporate hair restoration group but quickly realized that the best results come from a physician-led practice—where the doctor is personally invested in every patient’s success. That’s why I founded Yates Hair Science Group. We specialize in advanced FUE hair restoration and cutting-edge biologic treatments to achieve the best possible results. Unlike many clinics, I personally perform every procedure—never delegating to technicians or nurses—because hair restoration is both a science and an art. Every patient I treat, whether through surgical or non-surgical solutions, I connect with on a personal level—because I’ve lived their journey. I believe a specialty as life-changing as hair restoration should never be driven by corporate interests focused solely on profit. If you're struggling with hair loss, I understand what you’re going through because I’ve been there myself. Let’s work together to find the right solution for you. Schedule a consultation today and take the first step toward restoring your hair—and your confidence.
December 18, 2024
The public should be aware of an alarming issue within the Chicago area hair restoration industry: unlicensed individuals posing as licensed physicians and performing medical procedures. This deceptive practice jeopardizes patient safety and erodes trust in qualified medical professionals. Recent reports have uncovered that patients seeking treatment at the International Hair Institute (IHI) were led to believe that their procedures were performed by Jing Liu, MD, CEO of the clinic. Upon investigation, it became evident that while Ms. Liu obtained a medical degree in China, she has neither undergone the necessary training nor acquired licensure to practice medicine in the United States. Previously employed as a lab assistant at Northwestern Hospital, she is not listed with the Illinois Department of Financial and Professional Regulation (IDFPR) as a licensed physician. Despite this, Ms. Liu is reportedly presenting herself as an American-licensed physician and performing hair restoration surgeries at IHI. In response to inquiries from discerning patients, Ms. Liu has allegedly claimed the clinic is overseen by a licensed internist, Dr. Wang, who has no known expertise in hair restoration and may not even be present onsite. This deceptive behavior not only endangers patients but also undermines the integrity of the medical profession. Unlike hospital settings—where physicians undergo rigorous vetting and credential verification to ensure they can practice their specialty safely, competently, and ethically—some hair restoration clinics operate with little to no oversight. Many patients remain unaware of the complexity and skill required for hair transplant surgery. As a former board-certified general, cancer, and trauma surgeon, I can attest that hair transplant surgery demands both mental and physical dexterity, as well as extensive training and experience, to achieve safe and excellent outcomes. Illinois law mandates that only a licensed physician may perform procedures involving incisions in the skin. In hair transplant surgery, these include FUT (follicular unit transplantation) linear scalp incisions, FUE (follicular unit extraction) punch graft harvesting, and recipient site creation for follicular grafts. Despite these clear legal guidelines, it appears that many clinics delegate these critical tasks to unqualified medical assistants or non-physician staff, putting patients at unnecessary risk. Such practices insult physicians who have undergone years of rigorous training in accredited medical schools, residency programs, and fellowships. The lack of enforced regulations in the hair restoration industry has enabled this brazen disregard for medical standards to persist. Without proper oversight and accountability, the situation will likely worsen, leaving more patients vulnerable to substandard and unsafe care. This is an urgent call for increased regulatory enforcement and public awareness to protect patients and restore trust in the medical profession.
December 6, 2024
It’s a well-known fact that nearly 60 million Americans experience hair loss at some point in their lives. Among the many options for restoring the luster of one’s hair, hair transplantation is widely regarded as offering the most enduring results. Recent data from the International Society of Hair Restoration Surgery (ISHRS) shows a clear uptick in the number of hair transplants, with procedures increasing by 20% or more annually. This surge in demand has opened the floodgates for a multitude of less-than-qualified physicians and non-physicians who claim to be experts in the field. Unlike traditional medicine, where doctors must graduate from an accredited medical school and undergo rigorous vetting by committees and other professionals to practice in hospitals or specialize in their fields, there are no comparable standards of care for hair transplants. This lack of regulation makes it difficult for patients to determine who is truly qualified to perform such procedures. Although licensed healthcare providers are held to strict medical and ethical standards, the absence of oversight in hair transplant practices has led to alarming trends. Some physicians are completing weekend courses and immediately setting up fully operational clinics, with little to no hands-on experience. Hair transplant centers are also being opened by businesspeople with no medical expertise, who hire the cheapest available physicians or technicians to perform the procedures. To make matters worse, some clinics intentionally obfuscate the qualifications of their staff—such as individuals with doctorates in unrelated fields who claim to be medical doctors—and others employ foreign-trained doctors who are not licensed to practice in the U.S. These professionals often misrepresent their credentials, degrees, and skill sets. I was recently made aware of a physician, Vinay Rawlani, who allegedly held a staff position at Northwestern University, a prestigious hospital in Chicago where I proudly attended medical school. Many patients who have visited my office mentioned that they had also consulted with him, and he claimed to be a staff member at Northwestern, with an office there. Upon further investigation, I discovered that his medical license had been revoked in 2017 and only reinstated in 2020, which would render it impossible for him to be an expert in hair transplant surgery. Rawlani was also charged with felony theft of nearly $200,000 worth of equipment from the hospital. Although the stolen property was found in his home, Rawlani pleaded not guilty to the charges. This information is a matter of public record. It is absurd that someone who has stolen from a hospital and profited from that theft is now masquerading as a faculty member at the very institution he victimized. I am shocked that Northwestern has allowed him to rent office space within the institution from which he stole. Rawlani’s deception has been so successful that he is now recognized as a medical director at other hair transplant clinics. I personally know convicted felons who are denied the privilege to vote. By no means, however, is Rawlani the only one pretending to be an expert in this field. To protect yourself, follow these steps when considering a hair transplant: First, verify the provider’s credentials to ensure they are licensed and certified by a recognized medical board. Research the clinic by looking for reviews and before-and-after videos (which can’t be manipulated like photos) and confirming the facility’s accreditation. Don’t hesitate to ask questions about the provider’s experience, techniques, and safety protocols. A hair transplant is an investment in your appearance and confidence. Cutting corners by choosing an unlicensed provider can lead to devastating health complications, poor results, and significant financial and emotional costs. When it comes to your health and well-being, the best option is always the one that prioritizes safety and expertise. Make informed choices, and you’ll not only protect yourself but also achieve the lasting, natural results you deserve.
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