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Access Super for Weight Loss

Weight Loss Surgery Funding Through Your Superannuation

Did you know that you may be able to request for part of your superannuation early to help pay for your weight loss surgery or other applicable medical procedures?

Accessing your superannuation can be done through a number of channels, either directly through your specialist and GP, via a third party, or during the current COVID-19 situation via the ATO.

Early Release of Super – COVID-19

Before June 30, 2020 in the present COVID-19 climate, you may be able to access $10,000 from your super fund and an additional $10,000 after June 30, 2020. You will not need to pay tax on amounts released and will not need to include these amounts in your tax return. Also, no forms are required from your doctor.  https://www.ato.gov.au/individuals/super/withdrawing-and-using-your-super/early-access-to-your-super/

You should check with your accountant and financial advisor.

Accessing Via Your Specialist and GP

I do not have health insurance and want to withdraw money from my super to pay for the entire cost.


Hospital – $16000

Surgeon – $5300

Anaesthetist – $2000

Surgical Assistant – $300

Dietitian – $380 (package for 3 visits)

Total Estimate*: $24,000 (Patients can expect some Medicare refunds)

*These costs are an estimate only. Final costs can only be provided after an initial consultation with Dr Stephen Watson.

Applications can be done by the patient in appropriate cases with forms from the specialist and GP to be submitted to the ATO.

I have health insurance but want to access my super to pay for the gap.

If you currently have health insurance and are eligible to claim your health fund benefits for your weight loss procedure, you may be able to access your super to help fund the gap payment.

Take a look at our fees page to see the fees and gap payment/rebate for patients who currently have an eligible health fund.

Accessing Via Third Party – SuperCare or Access My Super

SuperCare and Access My Super can facilitate you through a process of contacting the ATO for the approval to request that your superannuation fund trustee release part of your super early. This release of funds can be used to fund weight loss surgeries.

This is a great option for patients who require weight loss surgery, but do not have the funds to pay the excess costs of surgery. It’s also possible to use this method to pay for family members who are in accordance with the Superannuation Industry and unable to pay their surgery costs.

However please note that your superannuation fund has the right, based on its policies, to refuse the release of your super funds, even with ATO approval.

For more information, please contact Dr Stephen Watson or click here to go to the SuperCare website or Access My Super website.

Frequently Asked Questions

Who can apply for early release of superannuation?

Early release of super can be claimed by patients who are undergoing sleeve gastrectomy, lap band or gastric bypass surgery. If your super fund allows for early release of super, you have adequate funds to access and have no other means to pay for your procedure, you may be able to request early release of your super.

What do I need to access my super early?

You will need:

  • MyGov Account
  • Linked ATO account in MyGov
  • Application form completed by Dr Watson (this can be supplied at your initial consultation)
  • Application form completed by GP (supplied by our rooms after surgery is booked)

What should I do before I come in for my consultation?

Before attending your consultation, you should check with your super fund that you have enough funds to cover the procedure. You should also make sure that all your details are up to date in your MyGov account.

Make sure you bring:

  • Referral from your GP
  • Your Medicare card

If I don’t have enough funds, can I access someone else’s superannuation to cover my surgery?

In most cases, you are able to access funds from your spouse, partner, child or dependant’s superannuation. Ask us for more information during your consultation.

How long does this process take?

Generally, it takes around 4-6 weeks to be approved and paid by your super fund. There can sometimes be delays when approving early release of superannuation, so this is just a guide.

Surgery, in most cases is booked in advance, which means that you should receive payment about 1-2 weeks prior to your surgery.

Will I be taxed on the amount I access from my superannuation?

Yes, the Government will tax a portion of the amount you withdraw from your superannuation. For more information about this, contact the ATO.

 I have a self-managed super fund; do I still need to complete an application?

You are still required to submit an application and receive approval from the ATO to withdraw from your super fund. Our team can help you through this process.

How often are people approved for early release of superannuation?

It is very rare for a patient not to be approved for early release of superannuation to help fund weight loss surgery. Our team can help you through the process, step by step and make sure your application is completed correctly. If you’re unsure about any part of the process, please let us know and we can walk you through it.

Consultations are bulk-billed and require a referral from a GP prior to attending.

If you don't have a referral from your GP, don't worry. Contact our team and we can arrange one for you!
Bariatric surgery is now available again in WA! During this time, Dr Watson is still offering telephone and in-person consultations during the current COVID-19 situation.

FREE Information Session: Kalgoorlie
Monday, 7th September 2020

6:30 pm – 8:00 pm

Railway Motel & Function Centre 51 Forrest Street Kalgoorlie, WA 6430
Weight Loss Surgery and Life Long Benefits