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430: Why Won't My Therapist Accept My Health Insurance?

430: Why Won't My Therapist Accept My Health Insurance?

FromPopcorn Finance


430: Why Won't My Therapist Accept My Health Insurance?

FromPopcorn Finance

ratings:
Length:
13 minutes
Released:
Feb 27, 2024
Format:
Podcast episode

Description

One of the best investments I ever made was starting therapy a few years ago. Unfortunately, in the U.S. most of us are paying out of pocket because many therapists don’t accept insurance. I wanted to get to the bottom of why this is so common, so I asked financial therapist Lindsay Bryan-Podvin to come back on the show to give us all a peek behind the scenes.

Resources Mentioned
The Mental Health Parity and Addiction Equity Act (MHPAEA) states that financial cost-sharing requirements for mental health/substance use disorder benefits (such as deductibles, copayments, coinsurance, and out-of-pocket limitations) must be the same as those for physical health care. (E.g., if you have a $20 co-pay for physical therapy, you should have a $20 co-pay for mental health therapy)
Other episodes with Lindsay: 327, 328, 343

Connect with Lindsay
Website | Instagram | Twitter | Her book, "The Financial Anxiety Solution" | Money Personality Quiz

Join Me on YouTube!
https://www.youtube.com/PopcornFinance

Want to submit a question to the show?
Send an email to questions@popcornfinance.com
Send me a message at PopcornFinance.com/Voicemail
or Call 707-200-8259

Connect with me
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Released:
Feb 27, 2024
Format:
Podcast episode

Titles in the series (100)

An award winning short form podcast discussing finance in about the time it takes to make a bag of popcorn