Money Talks News: The High Cost of Hair

From spray paint to lasers, from rugs to drugs: there's a hair-raising number of products designed to deliver us from baldness. But is there really a cure for baldness?

"Of course there's a cure or baldness. We have medications and treatments to protect the hair they have, and undetectable microsurgery to restore patients' living and growing hair."

Dr. Alan Bauman makes his living putting hair back on people's heads, with techniques from lasers to hair transplant microsurgery: something that can cost up to $30,000, even more.

Now if that seems over your head, you might want to try drugs. Either a minoxidil compound or Propecia-- only for men, will set you back about 70 bucks a month. But will either of these drugs put hair back on your balding head?

"Medications, either topical or oral are not going to make a dead follicle regrow hair. You're going to need a hair transplant for that."

So they may arrest hair loss. But like falling off a diet, stop using them, and you'll be back where you started.

So the holy grail of hair - something that will actually make bald people regrow hair - still eludes us. But the answer may be closer than you think.

"I'm a little bit of a Star Trek guy. I'm optimistic that within the next 10-15 years, we'll have some really exciting treatments for our patients struggling with hair loss."

Bottom line? If the question is, "Is there a cure for baldness?" The answer is: yes. Maybe not a magic pill.

But here's what's really important: If you're concerned about hair loss, deal with it as soon as you possibly can.

The longer you wait, the more it will cost.

What you need now is more information on exactly what's out there, and I've got it waiting for you at money talks and do a search for "Hair Loss."

For Money Talks News, I'm Stacy Johnson.