Speaking with a therapist and making your mental health a priority is an important first step towards living a healthier and happier lifestyle. The good news is that therapy is covered by insurance if you are insured by a major insurance provider. In this blog, we’ll show you how to find out exactly how much your therapy will cost with your health insurance. There’s no doubt that your mental health is worth the investment.
1. Determine what type of fees you pay with your insurance plan.
Depending on your health insurance plan, you may be responsible for a deductible, co-pay or you’ll pay for a percentage of each of your therapy sessions, which is called coinsurance. You can usually find this information on your health insurance card or your insurance policy documents.
2. Find out if your therapist is in-network.
Seeing a therapist that is in-network will likely be more affordable than seeing one that is out-of-network. This is because in-network therapists have agreed to offer a discounted rate to clients that are covered by your insurance provider.
To find an in-network therapist that accepts your insurance, you should search for health care providers on your health insurance provider's website. If you already have a therapist and you aren’t sure if they are in-network or out-of-network, you can always call them directly to find out.
3. Review your insurance card.
Your insurance card can give you a wealth of information including what type of insurance plan you have and how much your doctor’s visits will cost. These costs are sometimes itemized since your payment can vary depending on whether you have a routine visit or if you require a specialist or urgent care. When making your appointment with your therapist, you can ask if your visit is considered a routine or specialist visit.
4. Look for a list of prices on your card or your policy documents.
When looking at your health insurance card, you may see a variety of costs or percentages. If you see two numbers next to each other, the first number is your out-of-pocket cost for in-network healthcare providers and the second is for out-of-network healthcare providers. These numbers may be expressed in dollar amounts or in percentages.
If prices are not listed on your insurance card, you can review your policy documents or speak with your insurance provider to find out what your insurance covers and what you will pay out-of-pocket.
Just like any other health condition, it’s important to seek help if you are struggling with a mental health or substance use disorder. Help is available and treatment works. We can help you learn about your treatment options and find a therapist that is right for you. Contact one of our counseling centers to get started.