Pay for your treatment with your credit card. Search for a credit card with a low-interest rate, so you can repay the loan comfortably. Consult the alcohol intervention specialist about the payment options.
Full Answer
How can I pay for rehab?
Jan 10, 2022 · Loans. Another option is to take out a loan to help pay for rehab, either a private loan or a home equity loan. Home equity loans use your home as collateral for the loan, so these are typically considered low-risk and may therefore have competitive and favorable interest rates.
How can I finance drug rehab without insurance?
Aug 08, 2019 · Pay for your treatment with your credit card. Search for a credit card with a low-interest rate, so you can repay the loan comfortably. Consult the alcohol intervention specialist about the payment options.
How can I get help with my bills while in rehab?
Oct 26, 2021 · Using Personal Loans for Alcohol Treatment For families that want the flexibility of cash, but who cannot scrape up the cash to make payments, personal loans may be a good option. Families that take up this plan may be able to get a cash discount from the provider, but they may have to pay interest rates in order to pay the loan back.
What kind of financial assistance can I get for rehab?
How to Pay Bills While in Rehab. If your goal is to pay basic bills with funds that you already have or intend to save up for, there are several easy options you can choose. Prepayment – Many companies will accept funds in advance for periods of 1-12 months with no questions asked. In some cases, a bank or lender may charge a fine for paying in advance, but this is unlikely …
Is alcohol rehab expensive?
Undergoing an alcohol treatment or rehab is usually expensive. One day inside the treatment facility usually cost around $300. This is one of the reasons why alcohol addicts refrain from seeking professional treatment and choosing the dangerous process of self-detox instead.
Do government-funded facilities offer free alcohol rehab?
The Substance Abuse and Mental Health Services Administration (SAMHSA) provides grants to eligible citizens who needs to undergo alcohol rehab. There are also federally-sponsored and state-managed rehab facilities that provide public assistance.
How does alcohol rehab work?
In most cases, alcoholism rehab treatment billing will be relatively straightforward. The person who needs care will get that care, and the family and/or the insurance company will get bills that reflect the costs associated with that care. Families will need to read those bills and pay attention to the details, so they can avoid additional charges.
How to choose a treatment provider?
Thankfully, they do not need to make decisions alone, either. When families have chosen a treatment provider, they are often connected with a member of that facility’s finance or admissions team. That professional can help families to: 1 Parse insurance details 2 Understand underlying costs 3 Apply for loans with loan partners 4 Stay abreast of charges as they appear
Does insurance pay for rehab?
It makes sense, then, to use insurance to pay for rehab, but there are some issues to consider. Some insurance providers keep costs down by pulling together lists of approved providers. These approved providers accept a smaller payment in return for the promise of clients. That way, the insurance company pays less overall, ...
Is insurance good for business?
It is good for business, but it is not always good for consumers. Some people cannot use the providers they want to use, as their providers are not approved by their insurance companies. Insurance plans can also come with some hidden costs.
Does insurance cover alcohol rehab?
At one point, insurance plan administrators could decide whether or not to offer alcoholism rehab benefits. The passage of the Affordable Care Act changed that. Now, according to the Office of National Drug Control Policy, insurance companies are required to consider addiction services as part of the essential medical benefits that simply must be covered, so people cannot choose to provide or skip those services. All of those services must be covered, and the Act requires all people to have insurance coverage or pay a penalty.
What is FMLA in rehab?
FMLA includes rehab and other types of family medical emergencies. In most cases, you will have to disclose your problem to apply for FMLA leave. Short-Term Disability – You may qualify for financial assistance to help with living expenses and bills while in rehab, if you have short-term disability insurance or your employer offers this type ...
How long does it take to recover from a drug addiction?
Unfortunately, whether you intend to go to rehab for a short stay of 90 days, or a long one of 18 months, you are most likely concerned about what you are leaving behind. Your finances, including bills are an important thing to consider ...
Do rehab clinics bill you?
If you need assistance with paying for rehab, there are a few options that you can consider. The first is that some rehabilitation clinics will not bill you until you return to work.
Can you be terminated for drug addiction?
In addition, your employer cannot legally terminate you for having a drug or alcohol addiction, unless they can prove that your performance in the workplace dropped as a result. Insurance – Most types of insurance are currently required by law to provide some coverage for drug and alcohol treatment.
How long is FMLA?
FMLA Medical Leave – FMLA Medical Leave grants you up to 12 weeks of unpaid medical leave without risk of losing your job. The Family and Medical Leave Act (FMLA) ensures that your employer cannot fire you while you are in rehab. FMLA includes rehab and other types of family medical emergencies.
Can you call your credit card company?
In most cases, you may be able to call your credit card company, banks, and other lenders to request short-term leniency for extenuating circumstances. You may also be able to consolidate your debt with your bank, so that the bank pays all your bills, and you are reduced to a single, lower payment.
Is outpatient rehab better than inpatient rehab?
However, outpatient care is less effective than inpatient rehab, because you will still be exposed to your everyday life, including work, anywhere you purchase drugs or alcohol, and the people you used or previously used with. However, outpatient care offers several advantages in that you can continue going to work, ...
