Cost and Financing of Hair Loss Treatments

Hair loss may be a concern for a number of men, and it may also affect women. The causes of hair loss are believed to be mostly genetic or unknown, so hair loss can be rarely prevented. However, there are a few treatments that can help hair restoration. These may be applied by a dermatologist (i.e. hair transplant) or may be applied topically (i.e. Rogaine). If you are interested in hair restoring treatments, you should find out about the costs involved.

Average Cost of OTC Hair Loss Treatments

Presently, there are only two FDA approved OTC hair loss treatments: Propecia and Rogaine. Rogaine can be found in pharmacies at prices ranging from $30 to $60. This is the price for a 60 ml bottle. You may need several bottles, depending on the extent of hair loss and the way your body reacts to the treatment.

The costs of Propecia will be calculated on a 90 day treatment, which is typically the minimal period of time required for results to show. The average costs of a 90 day treatment with Propecia will be between $150 and $200, depending on where you get the treatment from. Typically, getting the products from your local pharmacy will be less expensive than getting the products online, as these will involve some shipping costs as well.

Average Costs of Hair Transplant and Hair Pieces

A hair transplant is more expensive than getting hair pieces. The average costs of the hair pieces are between $200 and $500, depending on the type of hair used and the size of the hair pieces.

The costs of a hair transplant will depend on several factors such as:

  • Geographical location
  • The number of hairs that will be implanted
  • The fees of the specialist performing the procedure
  • The number of sessions required for the transplant

However, the results of hair transplant will be permanent, so spending between $2,000 and $5,000 on average will be worth it. Typically, the costs of hair transplant will be calculated depending on the number of grafts; on average, a graft will cost between $3 and $8.

Insurance Coverage

Being considered elective procedures, the hair restoration treatments will not be covered by regular insurance policies. However, if you are planning to have several cosmetic treatments, there are individual insurance plans that will cover such treatments and you should look into these types of insurance plans to see if they are worth it.

Financing of Hair Loss Treatments

The costs of OTC hair restoration treatments are typically affordable, but if you choose a hair transplant, you may need some financing options. You may be able to opt for a financing plan at your doctor’s office. Given that the treatment is administered over several sessions, you may be able to pay a percentage at the beginning of the treatment and pay the rest in installments. You can also choose a medical loan, which should cover all your expenses.

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