When it comes to finding the right therapist in Nashville, TN, one of the questions on people’s minds is often whether the practice takes insurance. However, the answer to this question is much like your 2009 Facebook relationship status: “it’s complicated.”
There are several different types of psychotherapy practices and insurance options to consider, and each has its own pros and cons.
In this blog post, we’ll explore the differences between psychotherapy practices that take insurance, out-of-network psychotherapy practices, and our own practice, Therapie, which we refer to as an “out-of-network-provider plus.”
By the end of this post, you’ll have a clearer understanding of what each option entails and which one may be the best fit for your needs and circumstances.
(By the way: We can tell you exactly what your insurance plan covers and how much your deductible is so you know what to expect. If you’re interested in learning more about your insurance coverage, simply fill out the form at the bottom of the blog post, and we’ll get the process started.)
Working with a psychotherapy practice that takes insurance means that you can use your insurance coverage to potentially pay for your therapy sessions.
This type of practice has a contract with your insurance company, which allows them to bill your insurance for services rendered.
In most cases, this means that you’ll be responsible for paying a copay or deductible, depending on your insurance plan.
By using insurance, you may be able to save money on therapy sessions, particularly if your copay or deductible is low. However, in some cases, the deductible may be so high that insurance may not cover any of the sessions if the deductible hasn’t been met, leaving you to foot the entire bill.
One of the downsides of working with a practice that takes insurance is that your options for therapists may be limited. Insurance companies only contract with a select number of practices, and those practices may only offer a limited range of services.
Insurance companies may only cover certain types of therapy or specific diagnoses, which means that you may need to go through an approval process to get coverage for the therapy you need.
When you use insurance to pay for therapy, you may need to sign a release of information form that allows your insurance company to access your therapy records. This can be a concern for some people, as it may affect the privacy and confidentiality of their therapy sessions.
Psychotherapy practices that take insurance may have long waitlists, which means you may have to wait for several months to get a first appointment.
Treatment disclosed through insurance claims may be disclosed as part of a life insurance application or other services. This could increase your premiums or make you ineligible for certain services, and it may also affect the privacy and confidentiality of your treatment information.
When you work with an out-of-network provider, it means that the provider is not contracted with your insurance company.
This means you will need to pay for your therapy sessions out of pocket and then submit a claim to your insurance company for reimbursement.
Depending on your insurance plan, you may be able to get a portion of your payment back, but it will depend on your specific plan and the terms of your policy.
One of the advantages of working with an out-of-network provider is that you have more flexibility in terms of choosing a therapist who is right for you. You are not limited to the providers who are contracted with your insurance company, and you can choose a provider who specializes in the specific type of therapy you need.
When you work with an out-of-network provider, you are not required to sign a release of information form, which means that your therapy records are not accessible to your insurance company. This can be a big advantage for people who are concerned about the privacy and confidentiality of their therapy sessions.
When you work with an out-of-network provider, you have more control over the treatment you receive and the pace at which you make progress. You are not limited by the requirements or restrictions of your insurance company, and you can work with your therapist to create a treatment plan that is tailored to your specific needs.
Insurance-based practices often have strict time limits for therapy sessions, but when you work with an out-of-network provider, you may have the option of longer session times. This can be especially beneficial for relationship issues, as longer sessions are often more beneficial to couples wanting to make progress fast.
When you work with an out-of-network provider, you don’t need to go through the process of obtaining prior authorization from your insurance company. This can be a time-saving and less stressful option for people who want to start therapy as soon as possible.
When you work with an out-of-network provider, you can choose a therapist who shares your values and goals. This means that you can pick your therapist and their specialty based on best fit and not have insurance coverage be the number one factor in deciding who you end up working with.
Out-of-network providers often place a greater emphasis on the therapeutic relationship (as they are not constrained by insurance-based requirements), which can be a key factor in the success of individual therapy and couples counseling. When you work with an out-of-network provider, you are more likely to have a strong, supportive, and empathetic therapeutic relationship that is essential for growth and healing – alongside evidence-based treatment techniques.
One of the downsides of working with an out-of-network provider is that you will need to pay for your therapy sessions out of pocket. This can be a financial burden for some people because even though they may be entitled to reimbursement from their insurance company, they will need to upfront the cost of the session.
Out-of-network providers commonly have no affiliation with insurance companies and may have little interest in dealing with insurance at all. This means you will need to verify whether your insurance covers out-of-network providers and what type of reimbursement you can expect. This can be a complicated and time-consuming process that requires you to research your insurance plan, talk to your insurance company, and compare your options. You may also need to educate your therapist about your insurance plan, and what types of claims are covered. All of this can add extra steps to the process of seeking therapy, which can be overwhelming and discouraging.
When you work with an out-of-network provider, you will need to submit a claim to your insurance company for reimbursement. This can be a time-consuming and complicated process, and you may need to follow up with your insurance company multiple times to get your claim processed. In order to get reimbursed, you will need to fill out the claim form accurately and provide the necessary documentation, such as receipts or invoices from your therapist. Even with all the necessary information, insurance companies can be difficult to work with, and you may find yourself spending hours on hold, talking to multiple representatives, or having to resubmit your claim multiple times.
At Therapie, we understand the importance of providing the best possible care to our clients. That’s why we’ve chosen to be an out-of-network provider.
Unlike other out-of-network providers, however, we’ve added an extra layer of support for those who are interested in seeking reimbursement from their insurance company that makes that process as pain-free as possible.
On top of all the pros listed above, doing individual therapy or couples therapy at Therapie in Nashville, TN, comes with the following perks:
Before your first session, we can verify your insurance coverage for free and tell you exactly what your insurance plan covers and how much your deductible is. This means that you’ll know what to expect in terms of out-of-pocket expenses before you ever sit down for your first session.
If you’re interested in seeking reimbursement from your insurance company, we’ll file the claims on your behalf. All you have to do is wait for the check to arrive in the mail with the money you’re entitled to.
Our clients have access to an app where they can track all the reimbursements filed on their behalf, making it easy to see the progress of your claims and the money you’re entitled to receive.
As you can see, Therapie offers the best of both worlds when it comes to insurance and out-of-network therapy options. As an “out-of-network provider PLUS,” we provide the personalized and comprehensive care of an out-of-network provider while also taking care of the reimbursement process for our clients. With access to a convenient app for tracking their reimbursements, clients can receive the care they need without worrying about the hassle of insurance claims.
At Therapie, we know you’ve got a lot on your plate. That’s why we go the extra mile to make therapy as easy and accessible as possible. We offer free insurance verification and claim filing. You won’t have to worry about spending hours on the phone with insurance companies.
But not having to deal with insurance reimbursement is only one perk of being a Therapie client. On top of us taking up dealing with insurance companies on your behalf, as a Therapie client, you also have access to our online portal, which is packed with resources to help you keep the therapy momentum going, even outside of sessions. And, if you’re looking for a community of like-minded individuals, we’ve got you covered with events and workshops that offer opportunities to connect and grow.
When it comes to choosing a therapist in Nashville, there are a lot of factors to consider. Whether you go with a therapist that accepts insurance, an out-of-network provider, or a provider like us, there are pros and cons to each option.
But, if you’re a busy professional looking for the best possible therapy experience, with all the hassle taken out of trying to get reimbursed by insurance, then Therapie might just be the perfect choice for you.
With a focus on busy professionals and couples, expert therapists, and a proprietary online portal to deepen your therapy experience, you can get the support you need to improve your life, all while having a team that has your back every step of the way.
If you’re looking to start therapy and want to figure out what your insurance covers, take the first step and fill out the form below.
Our team at Therapie will verify your insurance coverage for free and let you know exactly what your plan covers and how much your deductible is, so you can make an informed decision as you are deciding on the best route to take.
Don’t wait. Get started today!