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Funding SRS...

Started by JulyaOrina, July 11, 2011, 01:47:31 AM

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JulyaOrina

So, First a little back story...  I have a wife, and four children.  Insurance specifically excludes transgender care of any sort.  I am the sole income for our household; which sits at about $36K per year.  I am looking for How others have funded their SRS, and creative ideas on how to come up with the funding (no mortgage/equity loans, no retirement funds, already planning on eliminating my car to free up those funds, and quitting smoking for those).  I am starting to get very depressed about the amount of time it will take to get there.  Especially since I want to minimize the burden placed upon my wife and kids.  So, please, no amount of information is too small for me to siphon some use.
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xXRebeccaXx

Quote from: JulyaOrina on July 11, 2011, 01:47:31 AM
So, First a little back story...  I have a wife, and four children.  Insurance specifically excludes transgender care of any sort.  I am the sole income for our household; which sits at about $36K per year.  I am looking for How others have funded their SRS, and creative ideas on how to come up with the funding (no mortgage/equity loans, no retirement funds, already planning on eliminating my car to free up those funds, and quitting smoking for those).  I am starting to get very depressed about the amount of time it will take to get there.  Especially since I want to minimize the burden placed upon my wife and kids.  So, please, no amount of information is too small for me to siphon some use.

A bake sale?
Even in death, may I be triumphant.
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Melody Maia

Even though most health insurance specifically does not cover transgender items, try getting a letter from your doc saying that it is medically necessary and then submit to your insurance. Try to convince them to cover your individual case. Besides that, maybe a job at some place that has insurance that covers it? I know many banks do nowadays.

Do you not have a retirement fund or do you not want to use it? If it is the latter, would you consider taking a loan against the fund instead of raiding it? Only other things I can think of is get a second job to help save money or ask relatives if they would be willing to help.
and i know that i'm never alone
and i know that my heart is my home
Every missing piece of me
I can find in a melody



O
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girl_ashley

If your employer is self-pay for the insurance, you may have better luck getting an exemption made for your case and thusly be able to get it at least mostly paid for.  If your employer purchased a group plan from the insurance company, then it would be less likely to even get anything.  Talk to your HR and see, you never know.

You could also look at a low interest medical loan.

But damn, if that is your salary and you're the only income provider for the household and you have four kids, I can't say that I relate to that situation at all.  I can only suggest you ABSOLUTELY quit smoking now and you save any penny you can and suck up however long it is going to take.
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TreeFlower

I refinanced my house at a lower rate.  I wouldn't have refinanced if it wasn't for SRS so I sort of saved money.  I know you said no mortgage but if anyone with a home is looking to finance SRS they can try that.   You could buy a home and take out a little more :) 

Don't banks give out loans for anything you want?  Like boats, vacations and medical bills?

Loans from friends an family?

BTW: One year after I had SRS they added it to my health insurance.  If I had waited a year it would have been free :(  Well.... free'ish.  There is a $2,400 deductible.
   
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peggygee

JulyaOrina, I realize that a few of the ideas listed below aren't
what you had in mind, but perhaps some of the others may be
helpful.

1. Taking out a loan from your bank or credit union

2. Using your credit cards

3. Home equity loans

4. Financing your surgeries through finacing companies such
as http://www.carecredit.com/ or directly through the surgeon.

I was recently perusing the website of Dr. Toby R. Meltzer, who is a fine
and very competent surgeon in Scottsdale, Arizona. He made mention
that he is able to offer financing through SurgeryLoans.com
http://www.surgeryloans.com/patients/

On their website they have a payment calculator. One sample payment they
list is $218 / month on a $7500 loan, of course if the patient makes a down
payment their monthly payment would go down.

5. Check to see if your employer or school offers coverage through their
health insurance. Cigna, and Blue Cross - Blue Shield have been known to
cover GRS and trans related expenses.

6. Try to get the most "bang for your buck". For GRS and other trans related
surgeries consider countries like Thailand where your dollar will go further,
and where they have proven expertise.

7. Use left over student loan or grant money.

8. Utilize your savings in conjuction with all of the above

Also keep in mind that many gender reassignment costs such as HRT, FFS,
therapy, GRS, etc. are tax deductible.
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JulyaOrina

For the sanity of my wife, we are not going to go into more debt for me to get surgery.  But, I like the idea of petitioning my insurer (Aetna) via my Doctor.  I have researched Surgeon's and Dr. Alter in Hollywood seems to top my list time, and time again.  Aesthetics, sensate, lubrication, depth, location, et cetera...  And, he accepts Aetna; if my group plan didn't specifically exclude transgender services!
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Tamaki

Student health insurance at Portland State University covers SRS with some fairly stringent requirements. It's even through Atena if I remember correctly.

It might be cheaper to be a part time student if a nearby university had the same sort of coverage.

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hilah.hayley

I'm not sure if you've seen this but this is a list by HRC of insurers that offer plans that cover SRS in some manner. Your specific plan may exclude it and that's dependent on your own company to choose to add the option.

http://www.hrc.org/issues/workplace/benefits/15534.htm

If you work for a small company, and they have the option of SRS and you get it, it may raise the rates for insurance across the whole company. That may make you a bit unpopular. Just some thoughts.

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JulyaOrina

 -April
No, no loans.  I have thought about stating the donation thing though.

I have also started thinking about using my situation to my advantage...  a.k.a, going into porn, stripping, and even some more lascivious forms of revenue...
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JulyaOrina

-Hayley
That is one of the links I sent my Corporate Director of HR.  In my company's mission statement it states that they are committed to being the best in the industry in all things, so I'm using that angle to try and get it in there...
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JulyaOrina

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jamie nicole

I'm really surprised nobody else posted this......but, check out the Jim Collins Foundation http://jimcollinsfoundation.org/

its an organization that thru donations and such, helps those that otherwise could not afford surgery.
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JulyaOrina

That is an AMAZING link!  Thank You!  Still a gamble, but with a lot better odds!
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Janet_Girl

I have applied twice now, and I will continue til I have SRS.
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