Adolescent Treatment Financing

Options for Payment

Paying for adolescent treatment doesn’t have to be overwhelming. Our intake counselors are experts at helping you explore financing options to get your family the help that you need in the most affordable way possible.

Paying for Adolescent Treatment with Insurance

Private insurance companies may cover the entire cost of your child’s treatment — or at least a portion of it. The 2008 Mental Health Parity and Addiction Equity Act decreed that insurance providers must provide the same amount of coverage for mental health and substance use as they would for other medical and surgical care. In addition the Affordable Care Act made financing substance use and mental health treatment easier than ever. 

Each plan is different, so verify your benefits here and a member of our team will reach out to you with recommended next steps.

If you don’t agree with your insurance company’s final coverage decision, you have the right to appeal. There are resources and organizations available to take up that fight. Ask our specialists for more information.

Help with Adolescent Treatment Financing

Stonewater is proud to have partnered with Optimum Finance to help families finance the full or partial cost of treatment. Optimum is able to quickly finance large and small amounts and give you a decision within a few minutes — including possible payment plans. Optimum provides financing options for up to five years, based on what plan best fits your family’s situation. To learn more and begin the application process, click HERE.

There also are other options available to families whose insurance does not cover the entire cost of adolescent mental health or substance use treatment. Some families opt for personal financing or loans, for example. In some cases, your school district may pay a portion of a child’s treatment costs, if your treatment provider has an accredited school on site, like Stonewater does. Finally, there are grants available through SAMHSA (Substance Abuse & Mental Health Services Administration), or the National Institute for Mental Health. The American Counseling Association has a helpful list of grant opportunities, as well. 

Our team is happy to discuss all financing options with you and your family during the intake and pre-screening process, so you can make the best decision for your family. Simply send a chat on this page, or contact us.