Paying for Outpatient Mental Health Care
At Vertava Health, we are in-network with several top health insurance providers that may cover your treatment program. Although insurance coverage varies from plan to plan, mental health disorders are considered essential health benefits by all marketplace plans so certain services like psychotherapy and counseling are covered. Employer-sponsored group insurance plans typically cover these services as well but can vary. You can contact us or verify your insurance online to see what services your health plan covers.
If you do not have insurance or your plan does not cover these services, we offer private pay options for affordable outpatient mental health care. Speak with our care team today to learn more.
Addiction Treatment & Rehab Payment Options
Substance abuse treatment should be looked at as a lifelong investment. While the cost of rehab can seem great, the cost of not getting help could be greater. Putting off getting professional help can lead to serious health issues, legal troubles, divorce, or job loss. All these consequences are heavy financial burdens that may have otherwise been avoided. This does not include the cost of continuing to fund the addiction itself either. In the worst case, addiction can also cost people their lives.
Paying for addiction treatment can be daunting at first, but for those that need help, many options exist. This guide will provide you with information on how to pay for rehab and minimize your out-of-pocket obligations.
Health Insurance Options
At Vertava Health, we work with several top insurance providers, so your insurance plan could cover all or most of your treatment. Contact us today for more details or verify your insurance online.
If your insurance provider is out-of-network or you do not have insurance, you may be quick to dismiss insurance as a rehab payment option, but this may not be the case.
Those who currently don’t receive health insurance through an employer may be able to purchase a private health insurance policy through the Health Insurance Marketplace at HealthCare.gov. Based on your income, you may even be able to get a policy that is completely subsidized and free. Look for a trusted provider, a plan that covers your treatment needs, and a deductible you can afford to pay up front. Not every treatment center will take every treatment plan, so be mindful of this during your decision process.
New enrollment is limited to November 1 through January 31 of each year unless a qualifying life event applies. If you try to purchase a policy outside of this timeframe and you don’t qualify for special enrollment, the policy will not have full coverage and will not pay for substance abuse treatment. If you do enroll during this time, you should have health insurance coverage for the following year. While this may mean waiting for treatment until January 1st, it is better than putting off treatment forever.
If you call, 1-800-318-2596, a representative can help you through the process.
Another rehab payment option may be through COBRA. COBRA is a law that gives some people who have lost their health benefits the ability to continue their group health benefits from their former employer for a temporary extension of coverage. Essentially, your previous place of business may need to continue to provide you with health insurance that could cover treatment. Qualified individuals will need to meet certain criteria and may be required to pay a premium.
Payment Plans & Loans
We understand that the financial burden of paying for drug rehab without insurance is a barrier for many people. To help as many people as possible access the care they need, there are payment plans and loans available. These rehab payment options allow patients to repay the cost of treatment over an agreed-upon period of time.
In order to help everyone we can, we will sometimes adjust treatment fees according to each patient’s financial situation and income. Sliding-scale fees decrease the cost of treatment and make rehab more affordable.
A personal medical loan can bridge the gap between scholarships, insurance, and out-of-pocket expenses. You can apply for a medical loan through a bank or other specialized financial institution. They can potentially cover the remaining balance of treatment after scholarships and insurance.
Prosper Healthcare Lending
Prosper Healthcare Lending offers loans to pay for healthcare services including rehab. Loan amounts go up to $35,000 with repayment terms of up to 60 months. Applicants receive a response within two minutes of completing the online questionnaire to determine creditworthiness.
Med Loan is another finance lending option that allows people to borrow up to $40,000 if they meet the credit score requirements. Once approved, people can have the funds by credit card in seven days.
Non-Medical Personal Loan
Many banks offer a personal loan option that can be used to help with rehab costs. Based on a person’s credit score and general creditworthiness, personal loans provide upfront funds to finance personal expenses and are repaid over time.
Loans When You Have A Low Credit Score
Those with a lower credit score may still qualify for a personal loan, but generally, they will include a higher interest rate and shorter repayment timeline. While not as desirable, making the payments on time for the life of the loan can go a long way toward improving a person’s credit score.
Rehab Scholarships & Grants
At this time, we do not offer grants or scholarships for rehab, but you can search for this type of financial aid from third-party sources.
10,000 Beds is a non-profit organization that collects scholarships from addiction treatment centers and awards them to qualified applicants. Applicants must fill out a questionnaire and commit to a minimum of 30 days of treatment. 10,000 Beds does not offer immediate placement, and applications close when all available scholarships have been awarded.
Substance Abuse And Mental Health Services Administration (SAMHSA)
Through SAMHSA, the federal government provides financial assistance to citizens and organizations for treatment. Many programs are focused on reaching vulnerable populations such as pregnant women, veterans, and IV drug users, but grants exist for a wide range of qualified applicants.
To search for addiction treatment grants by state, find the point of contact for each state at here.
Employee Assistance Programs (EAPs)
Employers may offer an employee assistance program as part of their benefits package. EAPs provide resources to help employees successfully handle personal and workplace issues that may arise. These resources may include services such as financial or legal counseling, workplace conflict resolution, counseling, workplace training, and short-term assistance for substance use disorders.
Which specific services are available to employees will depend on what the employer has chosen, but details can generally be found through the company’s human resources department. EAPs are typically paid for entirely by the employer, and the benefits may extend to other members of the household such as spouses, live-in partners, and children.
Financial Help from Loved Ones
A sometimes overlooked rehab payment option is getting financial help from family and friends. Addiction is a family disease and because loved ones are taken along for the ride, these same people may be willing to do almost anything to get their loved one help.
Loved One Pays for Treatment
Asking someone for help paying for rehab may be intimidating or leave you feeling ashamed, but it could be an easier way of funding addiction treatment than getting a loan. Because you may have already betrayed your loved one’s trust, especially when it comes to finances, your loved one can make payments directly to us.
Those who suffer from substance use disorders are often surrounded by people who want the best for them and are willing to pitch in financially to get them into recovery. Creating a public fundraising campaign where friends and family can donate can yield a significant amount of money to put toward treatment. Some crowdfunding sites include Gofundme.com, fundly.com, fundrazr.com, and gogetfunding.com.
Stop waiting and get help. When you contact our care team, we will walk you through these treatment payment options so that you or your loved one can get the care needed to start healing.