For many people, financing an addiction treatment program can be daunting. In fact, the potential burden of addiction treatment financing can cause many people to avoid seeking treatment altogether. Luckily, there are many options when it comes to financing rehab.
The Old-Fashioned Way
The simplest and most traditional way to approach addiction treatment financing is with cash. Once a person makes the decision to enroll in an addiction treatment program, they may begin saving their extra income or selling items they no longer need in order to produce more cash. It’s also possible that they will ask for loans from friends and family members that they’ll pay back after they finish treatment.
While this may be the ‘Old-Fashioned Way’ of paying for treatment, it requires a lot of discipline and a support network of loved ones who can provide that kind of support. For people who aren’t lucky enough to have these sorts of connections, they’ll have to find other avenues for financing their rehab.
State and Federal Programs
If you are part of a federally-funded program, such as Medicare or Medicaid, or if you live in a particular state, you may have options funded by your government. Check what your options are for government and state-assisted treatment and see if they work for you. There are also various federal or state grants that a person can apply to.
Insurance
Some private insurance plans have coverage for addiction treatment. However, this depends on your level of coverage as well as what type of insurance the addiction treatment center accepts. Work with your insurance representative alongside your addiction treatment admissions specialist to determine your coverage options.
Addiction Treatment Financing at Morningside Recovery
At Morningside Recovery, we believe that addiction treatment financing should never prevent clients from achieving a healthy life. We partnered with Prosper Healthcare Lending to finance drug, alcohol, and mental health treatment services through Morningside Recovery. Through this program you can apply for financing for treatment from your computer and receive an instant pre-approval decision. Prosper Healthcare Lending also has lending representatives available to answer any question and walk you through the process of applying for financial aid for treatment.
If you’re ready to take the next step in your journey to recovery, call Morningside Recovery today at 855-416-8202 to learn more about our rehab programs. With the caring and professional help of specialists at Morningside Recovery, you can be sure you’re receiving the most comfortable and comprehensive treatment available. Don’t let the stress of addiction treatment financing get in the way of your health and make the call today.
