Millions of people around the country suffer from addiction. Unfortunately, not all of them seek the help that they need to overcome the problem. The most common reason why is because of the cost. Thankfully, rehab insurance coverage can help you afford the treatment that you need at Woodlands Recovery Centers.
What Is Rehab Insurance Coverage?
Rehab insurance coverage is insurance that you can use to pay for rehab. As a result of changes in health care, insurance companies have to treat addiction like any other mental illness. This means that they can’t deny rehab coverage.
Keep in mind, however, that the amount of coverage that you receive depends on the plan that you purchase. The biggest factor is your out-of-pocket cost. Some insurance plans simply cover more of the expense than others. Woodlands Recovery Centers strive to accept all major insurance policies.
How to Cover the Remaining Cost
In most cases, rehab insurance coverage doesn’t pay for the entire cost of rehab. In fact, some plans only cover certain types of treatment. For example, they may only pay for outpatient rehab or some of the cost of residential programs.
If insurance doesn’t cover all of your costs, you have several options to pay for the rest of rehab. For example, you can use money from a savings account. You probably don’t like the idea of dipping into your savings. However, you should look at it as a good investment into your future.
You can also ask friends and family members for money. In most cases, relatives can pool together funds to help cover a loved one’s rehab expenses. Even if one family member alone can’t cover the entire cost, multiple family members might chip in to help. Many times, they’ll be more than happy to lend their support if you show sincerity about recovery.
Lastly, you can get personal or medical loans. You can use personal loans for whatever purpose that you want. Medical loans are for medical use, and rehab falls into this category.
What You Need to Know About Insurance Plans
Before seeking treatment, there are a few things that you should know about your health insurance. The most important thing is the kind of plan that you have. In general, there are three main types of plans, including:
- Preferred provider organizations (PPOs)
- Managed care plans
- Consumer-driven health plans
A PPO is a plan in which you can choose your own provider. However, you typically receive more benefits if you choose an in-network healthcare provider. Choosing a provider out of the network has to meet the insurance company’s definition of a health care provider.
In general, a managed care plan means that you have to choose a health care provider in the network. Choosing an out-of-network provider means that you have to cover the entire cost yourself.
A consumer-driven health plan is a type of PPO hybrid. In most cases, they have high deductibles that can reach thousands of dollars. However, once you meet the deductible, the insurance company will cover 100% of your medical bills.
Get Help for Addiction at Woodlands Recovery Centers
At Woodlands Recovery Centers, we want you to get the treatment that fits your needs. We offer a wide range of treatment options for both traditional and holistic care. Our goal is to put your needs first. Some of the different programs that we offer include: