BENEFITS OF PRIVATE PAY
Raising the Bar
Revitalize is private-pay only, so fees will need to be paid via Ivy Pay at the time of service. Ivy Pay is a HIPAA-secure, PCI-protected payment service used by licensed therapists. Insurance is not accepted as a form of payment, however clients are welcome to contact their insurance to inquire about out-of-network reimbursement. This can be easily accessed on the back of most insurance cards. Claims can also be submitted to your Health Savings Account for reimbursement using Ivy Pay. Overall, there are many benefits of not dealing directly with insurance! Read on to find out more.
Private Pay offers more confidentiality than using insurance. When using insurance, your information will go through your insurance provider and clinical software and become part of your permanent medical records. When using private pay, the only person who will have access to your file is your clinician.
When using insurance to pay for sessions, your clinician has to give you a diagnosis that will be a part of your permanent health record. This has the possibility of affecting background checks, job possibilities and insurance quotes, just to name a few. Although we will discuss diagnoses in session, these records will not be available or seen by anyone besides your clinician and yourself.
Private Pay is actually more affordable for individuals and/or families with high insurance deductibles. If you use insurance, the clinic will charge you full price (usually $175-$250) per session until your deductible is met, which for some can be upwards of $5,000+. Even if you meet your deductible halfway through the year, session rates usually average out to be slightly more affordable or the same price as using insurance and paying deductibles and copays.
HIGHER QUALITY OF CARE
Private pay at Revitalize ensures that 100% of payments go directly to your therapist. Most practices that accept insurance or government aide only give their sub-contractors 50-60% of their earnings (before taxes). The rest goes to insurance, EHR (electronic health records) software, office space, supplies, and marketing. What this means is that therapists end up seeing 25+ clients per week to keep a steady income as well as completing significantly more paperwork to meet insurance requirements. This often leads to burnout. With private pay, therapists are able to see fewer clients per week, which ensures a high quality of care, time and effort available for each client.
Insurance companies or government programs might impose on the number of sessions that a client may have, the modes of therapy we may use, and specific diagnoses that are covered. This puts clients into a box, and doesn't allow for a personalized care plan between therapist and client. With private pay, there are no restrictions on the number of sessions a client may attend in a year, and the modes of therapy used are completely aligned with each specific clients' goals and personality. There are also no worries about insurance only paying for specific diagnoses (for example, insurance doesn't cover "Z codes" for common diagnoses such as relationship distress, adjustment disorder, employment issues, and housing and economic circumstances ).