Helping Meet Costs
Medical finance plays an important role in supplementing the Australian healthcare system. Filling the gap between Medicare and Health Fund rebates to meet the overall cost to the patient.
For some, receiving certain medical procedures or health treatment may be lifesaving. But facing high costs, some patients face difficult decisions around how to proceed. Needing medical treatment and procedures and not having the funds readily available to meet the expenses can be devastating.
We provide patients with the help they require with healthcare financing for procedures, surgeries and treatments with our specialist medical procedure loans. Loans for health expenses which are individually sourced by our expert brokers to meet individual requirements.
We take a very personalised, understanding approach with individual brokers assigned to each customer. Our accreditation with over 80 lenders provides us with access to lenders that provide medical procedure loans and our expertise ensures competitive rates and workable terms.
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Medical finance plays an important role in supplementing the Australian healthcare system. Filling the gap between Medicare and Health Fund rebates to meet the overall cost to the patient.
Medical procedure loans are provided to individuals to cover out-of-pocket expenses for a range of treatments and surgeries. These may include joint replacements, organ transplants, cancer treatments, courses of special medications not covered by the PBS, emergency medical needs and other scenarios.
Loans for health expenses are provided as Unsecured Personal Loans and can present an affordable way forward for many patients. Some lenders may request a form of security or collateral for some loan applicants.
The amount that is approved for Personal Loans depends on the credit score and financial situation of the applicant and the lender guidelines. As a guide, loans of this type can be approved for $5,000 to $50,000.
The interest rate for Unsecured Personal Loans may be variable or fixed. Your Jade broker will be working with our lenders to achieve the lowest rate possible. The term is fixed, and a monthly schedule of repayments established.
This lending product can present an affordable and flexible means of covering medical expenses for many individuals. For a quote on loans for medical procedures, give us a call or submit a quote request online.
Our guides offer quick comparisons and simple explainers to help you navigate through the financing process with confidence.
Prior to applying for a loan for healthcare financing, customers can use our Personal Loan Calculator to obtain estimates for their loan. This device is easy to use, fast, and having a rough estimate may provide peace of mind while the application is being processed.
Rates will be individually quoted, but for the purpose of calculating an estimate, use the rate we are currently displaying for Unsecured Personal Loans.
For a quote specific to your requirements, contact us by phone or online.
| Lender | Loan Product | Advertised Rate | Comparison Rate | Monthly Repayment |
| Jade | Personal Loan | 5.67%Secured | 6.10%Comparison | $575.39 MONTHLY |
| Heritage | Personal Loan | 8.49%Fixed Rate | 9.12%Comparison | $615.35 MONTHLY |
| Westpac | Personal Loan | 7.99%Fixed Rate | 9.18%Comparison | $608.15 MONTHLY |
| CBA | Personal Loan | 7.50%Fixed Rate | 8.20%Comparison | $601.14 MONTHLY |
| Bendigo | Personal Loan | 7.79%Unsecured | 8.51%Comparison | $605.28 MONTHLY |
| BOQ | Personal Loan | 10.99%Fixed Rate | 11.71%Comparison | $652.12 MONTHLY |
| ANZ | Personal Loan | 7.49%Fixed Rate | 8.18%Comparison | $601.00 MONTHLY |
|
Jade
Personal Loan
|
||
| 5.67%Secured | 6.10%Comparison | $575.39 MONTHLY |
|
Heritage
Personal Loan
|
||
| 8.49%Fixed Rate | 9.12%Comparison | $615.35 MONTHLY |
|
Westpac
Personal Loan
|
||
| 7.99%Fixed Rate | 9.18%Comparison | $608.15 MONTHLY |
|
CBA
Personal Loan
|
||
| 7.50%Fixed Rate | 8.20%Comparison | $601.14 MONTHLY |
|
Bendigo
Personal Loan
|
||
| 7.79%Unsecured | 8.51%Comparison | $605.28 MONTHLY |
|
BOQ
Personal Loan
|
||
| 10.99%Fixed Rate | 11.71%Comparison | $652.12 MONTHLY |
|
ANZ
Personal Loan
|
||
| 7.49%Fixed Rate | 8.18%Comparison | $601.00 MONTHLY |
THE COMPARISON RATE IS CALCULATED ON A SECURED LOAN OF $30,000 FIXED FOR A TERM OF 5 YEARS, EFFECTIVE 08/05/2026 AND SUBJECT TO CHANGE. WARNING: THE COMPARISON RATE IS TRUE ONLY FOR THE EXAMPLES GIVEN AND MAY NOT INCLUDE ALL FEES AND CHARGES. DIFFERENT TERMS, FEES OR OTHER LOAN AMOUNTS MAY RESULT IN A DIFFERENT COMPARISON RATE.
Medical and healthcare procedures and treatment can be financed with an Unsecured Personal Loan.
An application for a personal loan for healthcare expenses requires ID, proof of income and Australian residency, asset and liabilities details, bank statements and other financial documentation. Applicants must be over the age of 18.
If the patient is an Australian resident and returning to Australia after the procedure to repay the loan, medical procedures being carried out overseas may be considered eligible for funding by Australian lenders.
Interest rates are offered by lenders based on their assessment of the individual application.
Healthcare loans can be used for a wide range of procedures including dental expenses.
Hip replacements can be eligible for medical procedure loans.
Lenders will typically want details of the purpose for the funding when considering loan applications. Approval for different types of procedures and treatments can be subject to lender guidelines and criteria.
Many personal loan applications can be approved in 24 hours with funds released promptly after settlement.
The term for a personal loan is approved by lenders after an assessment of the application. Terms for personal loans can vary from 1 year to 5-7 years.
A Personal Loan Calculator can be used to calculate estimates on repayments. These are only estimates as the calculator does not allow for fees and charges and the interest rate offered may differ from the rate displayed by the lender.