Should You Get Mental Health Insurance?

Should You Get Mental Health Insurance?
Should You Get Mental Health Insurance?

Insurance policies most typically would cover for your physical illnesses, a needed policy for mental disorder has been push forward. Mental health awareness has been the topic of discussion in recent ten years. A lot of agencies now decided to have plans that include mental health insurance. Before you decided to have your name register under one, you have to carefully consider the best option for your mental health care.

Pros And Cons

Because mental health issues are still a topic that needs to explore more, you have to really consider and certain about your choices. If you have some medical condition that requires you to have treatment, Here are things about the advantages and disadvantages of insuring your mental health. You can go back to this list and contemplate whether getting one will be worth to help you or not.

Help Your Medication Bills

Seeking help from a professional often means that you will be recommended with medication to help you get better. With mental illness, you most likely will rely on taking your prescription drugs every day to function well. The overall cost of it will be exponentially high overtime. Thus, having mental health insurance ready in your backing is a smart idea since it will give you a significantly lower cost that you have to pay out of your own money.

Cover Your Therapy Sessions

Insurance agencies must cover for your mental treatment. This will benefit you in your session of psychotherapy and counseling, mental and behavioral health services. If your mental health is related to the abuse of drugs and alcohol, they legally have to recognize your disorder, therefore, there will be a package that you can take too. Whatever the reasons that you are seeking a professional’s help, you can use their services and it will be covered by your agencies.

Finding a Therapist Is Hard

There are little to no therapist who wants to take your insurance plan willingly. Therapy sessions are expensive and if they take patients under the protection of one, oftentimes they are not compensated well. They make significantly less money compare to their regular paid session. So, if you can find one that takes it, no surprise that there will be an extensive waiting times that you need to go through. Many people shy from taking mental health insurance because a waiting game on mental issues is something risky to take.

Lack of Confidential

Working as therapists usually require them to have a completely silent over what happened in a session with their patient, but you will not have it if you use insurance coverage. Any private information that you disclose with your therapist legally has to filed and reported to your agencies. This will be a huge disadvantage for you since your personal matters will be recorded as a pre-existing condition. Thus, in the future, it can potentially increase your mental health payment.

You need to assess the value of having insurance put under your name for mental disorder really benefit you or not. Research carefully and put a well thought out consideration before you do it. Though, paying to your own mental health treatment seems to outweigh the benefit of what insurance can cover.  So, saving money for your own therapy treatment will be better.