Many people ask if they can access their SUPER FUND to help finance or pay for their cosmetic or plastic surgery procedure. The answer is, it depends. Some Funds allow this for some procedures and some do not.
Find out more by reading our blogs.
PLEASE NOTE: Our practice is NOT a credit provider. We do NOT receive any commissions or “kickbacks” from an finance suppliers and they are fully external and not affiliated with our group. You will need to consider your own financial circumstances when considering if finance is suitable for you. We provide NO financial advice.
SAVING UP FOR YOUR LIFE-CHANGING SURGERY?
Several recent plastic surgery patients have been able to access their accumulated Superannuation Funds to pay for their own life-changing surgery. There is a special government process to follow and many forms to fill out, but it could be a possibility.
This may be most likely to apply to Abdominoplasty, Breast Reduction and Body Contouring or Skin Reduction Contouring Body Surgery after weight loss or Bariatric Surgery.
CAN YOUR SUPERANNUATION FUND PAY FOR YOUR PLASTIC SURGERY?
In most cases, Australians cannot unlock their Super until they reach ”preservation age”, which is between 55 and 60, depending on birth date.
But, under exceptional circumstances, the Department of Human Services (DHS) will assess early access on ”compassionate grounds”, which include medical procedures to treat life-threatening illnesses and chronic pain. Your Super fund will make the final decision to release the money. Note that not all super funds permit early access of super benefits on these grounds, so you should check with your super fund before applying.
- 18,024 people applied to the Department of Human Services for early release of super on compassionate grounds during the 2012-13 financial year.
- Of those, 11,510 were approved. (around 2 out of 3 applicants).
- There are Special Access criteria: Under limited circumstances, you can apply for early access to superannuation for Medical treatment expenses and Medical transport.
APPLYING TO ACCESS YOUR SUPER FUNDS FOR PLASTIC SURGERY
You must apply to the Department of Human Services in the first instance, and then when you have the okay of the DHS, you (or the DHS), liaise with your super fund.
The super regulations (SIS Regulations 1994, Reg 6.19A) allow early release of super benefits on compassionate grounds where:
a. the money is required to pay for medical treatment or medical transport for the person (or dependant of the person)
b. based on the certification of two medical practitioners (including one a specialist in the area of illness) that the treatment is necessary, the medical treatment is necessary to treat a life threatening illness or injury; or to alleviate acute, or chronic, pain; or alleviate an acute, or chronic, mental disturbance
c. the treatment is not readily available to the person (or person’s dependant) through the public health system
d. the person does not have the financial capacity to meet the expense of the treatment
You can find further information on the requirements, including documentation, by visiting the DHS website, https://www.humanservices.gov.au/customer/services/centrelink/early-release-superannuation
How do you apply for early release of SUPER FUNDS on the basis of ‘compassionate grounds’?
DHS Centrelink prefers you register online (above), but also accepts written applications (post or hand delivered to a Centrelink office).
Here are the contact details for DHS.
Department of Human Services – Early Release of Superannuation Benefits PO Box 7832, CANBERRA BC ACT 2610
Telephone: 1300 131 060
Fax: 1800 228 455
Send an enquiry to find out your next steps for your Surgical Journey.
You can also visit our FAQ pages, learn more about your procedure, have a look at our photo galleries and patient reviews.
How to Book your Initial Cosmetic Surgery & Plastic Surgery Consultation.
- Email us or Call on (03) 8849 1444 to arrange your surgeon consultation appointment
- A Referral from your GP or specialist is helpful but NOT essential – you can have a consultation without a GP Referral
- Book a consultation with your Surgeon by paying the $200 consultation fee (or if with Dr Maxwell for body contouring after weight loss, the consultation fee may be $350).
What to Bring to your Surgeon Consultation
- Bring a friend or relative to help discuss the information and your choices
- Take lots of notes
- Read the documents provided thoroughly
- You may need to undress for a physical exam so wear simple clothes
Want more information before scheduling your Surgeon consultation?
- Request more information about the procedure – call or contact us
- Book a Complimentary Nurse Consultation (FREE)
- Organise a phone call with Patient Advisor (FREE)
- Attend our Regular Practice Events and hear from our Specialist Surgeons and their top support team (FREE)
- Speak with a past patient that has had the procedure – call or contact us
- Browse our Frequently Asked Questions including how to choose a Surgeon for your procedure
Please contact us using this form to arrange to book a consultation with one of our expert Specialist Plastic Surgeons or to speak with our Patient Care Advisor.
*Disclaimer: Information about finance or payment options on our surgery website is for general information purposes only. It has been compiled without taking into account your personal situation, financial needs or responsibilities. Before acting on finance or payment information for your surgery, you should consider its appropriateness, having regard to your individual finance situation and needs. The information on this website is no substitute for financial advice.