For decades our addiction treatment programs were inadequate. Without insurance or funds to pay for addiction treatment many addicts were left to rely on hospital-based, short-term detox, and self-help groups like AA.
Instead of helping addicts with addiction recovery programs a lot of them were sent to prison. Once out of prison they would find themselves in worse situations with fewer opportunities to adapt to society. This set them up for relapse and recidivism. It’s hard to understand how many people would have been better off if they had access to long term, comprehensive addiction treatment services instead of being sent to prison.
The Mental Health Parity and Addiction Equity Act was passed in 2008. It requires insurance companies to provide the same amount of treatment for mental health and substance abuse as they provide for medical and surgical care.
Also, the Affordable Care Act has made health insurance more affordable for individuals, families and small-business owners. Prevention, early intervention, and treatment of mental health and substance use disorders are now essential health benefits covered by health plans that are offered through the health insurance marketplace.
Financing is a common way to pay for drug rehab. If you want help, carefully evaluate your options and choose the one that makes financial sense to you and your recovery. There are thousands of financing options.
Call us today. We can help you find an affordable drug rehab.
Personal financing
Insurance usually only covers a portion of your addiction treatment. Paying for the rest of the addiction treatment yourself is a good option if you can afford it. Addiction treatment is expensive and you may be concerned about not having any money left over when you’re done with treatment.
If addiction treatment is successful, you will have made a very smart financial decision. Eliminating the problem that was destroying your life is the best use of that money. Always speak to a trusted financial advisor to see if this option is right for you.
If you’re concerned about how to pay for addiction treatment, it probably means that you don’t have the money to fund it. An alternative is to reach out to friends and family members for a loan.
Keep in mind the last thing friends and family members will want to do is give you money. They will be fearful that you will take that money and use it to fund your alcohol or drug use. You can suggest giving the money directly to the treatment center that you decide to enroll in. Giving the money directly to the program will alleviate any fear they have of you using the money to fuel your addiction. Asking for help is often difficult, but look at it as a part of your path to becoming a stronger, better person.
Personal loans
If you can’t get a personal loan from your friends or family, there are other ways to obtain financing for addiction rehab. You could use a credit card or a bank loan, for example.
Credit cards come with varying interest rates and terms. Try to find one with a low interest rate, because if you don’t you will end up paying a lot more for treatment. There are special healthcare credit cards specifically for medical expenses. Some of these special credit cards have deferred interest.
Bank loans are similar to credit cards in the way that you’ll still want to get one with the lowest interest rate. You’ll also want flexible payment options to lessen your financial obligation with things are tight.
Insurance
Most addiction treatment programs will accept private insurance. There may be restrictions or limitations as to how much your insurance will cover as well as what types of treatment your insurance provider will approve. Some types of therapies may not be covered by insurance providers.
Addiction treatment centers
A lot of drug and alcohol treatment centers offer their own financing to clients.
This is often one of the better options for people entering addiction rehab. Rehab centers work hard to create finance packages that patients can pay back once they finish treatment.
Referrals for low-cost treatment
One option for a referral for low-cost addiction treatment is to call the 24-hour national helpline supported by the Substance Abuse and Mental Health Services Administration. Call 1-800-662-HELP anytime.
Getting help for addiction
It takes tremendous courage to take the first step towards sobriety. Due to legislation in recent years it’s easier than ever to get the help you need. Please reach out to one of our specialist who can assist you in finding an affordable addiction treatment option.
