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Financial and Insurance Options for Drug and Alcohol Addiction Treatment

August 11, 2011 1:23 am

There is no escaping the fact that alcohol or drug addiction can have a destructive impact on a person's life. Families, relationships and careers can all be impacted in the damaging wake of an addiction. That is why seeking professional recovery help is essential for those who are caught up in the throes of a substance abuse problem. However, just because a person has a desire to get clean and sober doesn't always mean they have the financial resources to enroll in rehabilitation care. As you explore the options for treatment for you or your loved one you can also explore the many options for paying for that treatment. Basically, there are three ways to finance a stay at rehab. These are through private insurance, obtaining government assistance or paying from your own savings.

Health Insurance: Many comprehensive health insurance policies cover the cost of rehabilitation treatment. Often you'll find these policies as part of an overall employee benefit package. In other words, you might be covered for rehab and not even know it. On the other hand, if you are buying your own insurance policy you might not include coverage for substance abuse treatment because you may think you'll never need it. While that might be true for many people it is often hard to predict which course our life or the life of our family members might take when it comes to substance abuse. If you currently have a health insurance plan and feel the need to explore rehabilitation care then call your policy representative and find out exactly what your options are. You might also be able to add coverage to your policy to cover these costs.

Government Assistance: Another option for paying for recovery treatment would be to seek out assistance from various government funded programs such as Medicare or Medicaid. It may be intimidating for someone to navigate through the bureaucratic red tape, but there is a light at the end of the proverbial tunnel especially if you can get the help. First, you should contact the treatment center you're thinking about checking into to see if they accept Medicare or Medicaid. If so they can probably provide you with the proper resources to determine if you qualify for that kind of assistance. You may find that a Medicare or Medicaid grant is on your own financial situation. If it is felt that you have assets to pay for the treatment yourself you might not get government assistance.

Paying Cash: A final option is to pay for the treatment out of your own pocket. If you have accumulated savings or the means this is obviously a direct way of getting the help you or your loved one would need. However, that doesn't mean that a particular rehabilitation center won't work with you to make financial arrangements. You might be able to take out a loan to cover the cost of treatment or work out a payment plan with the facility as you would with a college tuition loan. Many rehab facilities understand that we are living in tough economic times and have developed payment options for individuals to help them get the assistance they need.

When you consider the overall devastating financial effects of an addiction problem, putting off treatment today because you can't afford it doesn't make a lot of sense. Help is available and help is out there. You just need to ask for it.


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