Wart remover does not remove skin tags, and there are no other medically-approved creams, ointments or other products that get rid of them, states MedicineNet.com. Doctors often remove skin tags with scissors, but sometimes they can freeze them off with liquid nitrogen or burn them off with an electric cautery.
Most skin tags don't need to be removed, provided they're not painful, notes MedicineNet.com. Because most insurance providers classify skin tags as a cosmetic condition, they do not pay for the removal. If a person decides to remove a skin tag on his own with a pair of scissors, he could cause minor bleeding, while trying to freeze a skin tag off can result in minor discoloration of the skin.