Does Your Insurance Cover The Cost of Drug Rehab & Drug Abuse Disorders ?
For people who struggle with drug abuse disorders, a rehabilitation program is the safest way to get help and achieve long-term sobriety. While the value of rehab is undeniable, many people have concerns about the cost of these programs.
The way insurance works here is that you need to sign up for a healthcare plan and would have to pay monthly premiums. To buy insurance you may go to any federal businesses or from any insurance companies directly during an open enrollment period allotted. There are different insurance agents or providers that are available near you, according to your residence.
Mostly the plans that are provided by various insurance companies are deductibles, or amounts that a person can reach to, before insurance coverage kicks in. Insurance will then pay you a percentage of the services rendered. For example, if someone has a deductible of $1000 and insurance pays out 80% over that, after $1000 is paid out of pocket for medical expenses, the insurance company pays 80% of the amount and rest 20% is paid by you. This is known as “coinsurance”.
Policies will also have an annual out-of-pocket limit, or maximum, after which the insurer will pay 100% of all covered medical costs. At the time of services being provided you may also have to pay a “copay” which is separate from the deductible amount and are generally low in dollars.
Different states and insurance corporations can have totally different policies, coverage, and plans out there for the members.