We are often asked if insurance will pay for sessions. The simple answer is usually not, but here are some ways that clients have had help paying for sessions in the past.
● Sometimes insurance will pay for sessions. Ask. Usually a doctor's prescription is needed. We can help you with vocabulary and ideas for talking with your doctor about a prescription. Usually, though, if you have been dealing with pain, doctors are willing to give a prescription for a therapy you've found that works.
● For car accidents, car insurance will often pay for sessions. Usually, you will need to pay up front and then be reimbursed in a lump settlement when you are done with therapy related to the accident.
● Tax Saver Accounts: These come in various forms, but basically you designate money to spend on medical expenses not covered by insurance. This money is put into a special account before taxes are taken out. Then, you can spend the money on sessions, saving at least 15% (more depending on your tax bracket). We had an account like this when we worked at Texas A&M University. Check with your human resources department to find out if you are eligible for this benefit.
● Health Savings Accounts: These are similar to tax saver accounts, but work in conjunction with a high deductible insurance policy. So, you have health insurance in place to cover any catastrophic health issues, but your day-to-day health needs are funded with pre-tax money you (or your employer) have put in your Health Savings Account (HSA).
● Health Reimbursement Accounts: With this account, your employer reimburses all medical expenses. This is our current plan and is ideal for family-owned businesses where one spouse is an employee for the other spouse. Then, all medical expenses are considered an employee benefit and are paid for by pre-tax (even payroll tax) money.
We are not experts, but will be happy to answer any questions. Also, talk to your accountant or human resources department for more information.
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