The Cost Of Mental Illness

Mental health conditions are far more prevalent than many people realize. Each year around 43.8 million, or 1 in 5, US adults experience mental illness. Whether it's depression, anxiety, obsessive compulsive disorder, or another mental illness, seeking treatment is a must. Treatment from a psychiatrist, psychologist, or other mental health professional can be a big help for anyone who suffers from mental health issues. However, treatment does come at a cost. Here are three things to consider when seeking mental health treatment.

Insurance

Before starting any sort of therapy, it's important to see how much health insurance will cover. There is a good chance that at least some of the cost of a psychiatrist or other mental health professional will be covered by health insurance. Health insurance plans that are sold on either state or federal marketplaces cover mental health and nearly 91 percent of employer health plans offer mental health coverage. For those who do not have any coverage through insurance, there are a few resources that may be able to help. Free clinics often offer mental health services and Health Resources and Services Administration clinics also often offer affordable mental health care. Local colleges and universities may also offer therapy at a discounted price.

Cost Without Insurance

Even with insurance, the cost to see a mental health professional can be pricey. Without insurance, it can be very expensive. The average cost of a therapy session with a psychiatrist or a psychologist costs anywhere from $75 to $150 per hour. In some parts of the country, especially large cities, it can be even more expensive. When seeking treatment, it's important to discuss the cost of therapy sessions before making an appointment.

Medication

While therapy sessions with a psychiatrist or psychologist are essential for diagnosing and treating mental illness, medication may also be a necessary part of treatment. Paying for prescriptions is often one of the biggest costs associated with mental health treatment. For example, the retail prices for commonly prescribed medications for depression can range from as little as $21 to over $1,000 per month. In some cases, health insurance will pick up some of the cost. However, even with insurance, medication can be a major expense. Discussing the cost of medication with a psychiatrist is important for those who are struggling to pay. In some cases there may be a less expensive treatment option.

Mental illness can be expensive to treat. Most insurance will cover at least part of the cost of seeing a mental health professional. For those who are not covered, paying out of pocket can be expensive. However, there are a few free or low cost options available. Medication can also be expensive, especially without insurance. While the cost of treating mental illness can be high, treatment is a necessity for many Americans. 

Contact a clinic, like Commonwealth Affiliates PC, for more help.