The financial aspect of rehab shouldn’t hold back someone ready for rehab. Quality treatment facilities can be costly because they offer so much to clients regarding the quality of care, personnel, on-site therapists and medical staff, individual attention and customized therapy programs and the facility amenities and activities.
If you aren’t sure what is covered, our team can help by taking a closer look at the insurance plan that will be used. However, if there is no insurance or the insurance plan doesn’t cover the cost treatment you need, financing could be a viable option.
Do You Need Financing?
Many people who struggle with substance abuse addiction need financial assistance because substance use can ultimately affect their jobs, income, and financial stability. In these situations, addiction treatment financing may be the only way an individual can afford to go to a rehab facility. Even those with health insurance may still need help because lots of insurance plans have high deductibles, not enough coverage, or no coverage at all for rehab.
This is where financing plays an important role. Beachway Therapy Center is proud to introduce drug and alcohol rehab financing options from My Treatment Lender. No matter who you are, where you’re from, or what your story is, you can access the help you need because Beachway now has substance abuse financing options to make that happen.
My Treatment Lender is currently the only recovery-based lending company in the United States. The institution believes in the effectiveness of rehab treatment and its goal, as with Beachway, is to help as many patients as possible through recovery. Lending plans are broken down by credit standing so patients can see what is available based on what their credit score is.
Platinum Program for Excellent Credit
Clients with excellent credit and a low debt-to-income ratio can:
Borrow between $5,000 to $100,000
Experience no loan origination fees or re-payment penalties
Apply with a joint application
That loan can then be used to finance drug or alcohol detox and rehab. Just fill out the application, and approval and funding to pay for rehab can be available the same day.
Gold Program for All Types of Credit
This plan is geared toward most individuals since it can accommodate all types of credit scores. This program allows patients to:
Borrow between $1,000 to $35,000
Experience no repayment penalties
Shop loans with hundreds of lenders
The application process only takes a few minutes to complete, and funds can usually be deposited by the next business day.
Silver Program for Lower Credit
For those with a lower credit score or no credit, the silver program may be the best option. Individuals need to have a steady income and a checking account to apply, but the application is quickly processed. The offerings include:
Borrowing between $500 to $5,000
Getting the funds as soon as the next day
Bronze Program for Secured Auto Title Loan
If credit financing doesn’t fit your needs, an auto title loan could be an option for treatment payment. With this loan, you can use your vehicle’s title as collateral in exchange for funding, allowing you to:
Potentially borrow up to $50,000, based on the equity in your car
Experience no loan origination fees as well as no prepayment penalties
Once this application is approved, funds are generally deposited by the next banking day but could be available the same day you apply.
With all of the available substance abuse treatment financing options available, the patient can get financing for drug rehab quickly and embark on the road to recovery and sobriety in a timely manner.
Beachway Therapy Treatment
Alcohol addiction is a disease that can be overcome. With medically supervised detox (that may or may not be recommended on an individual basis by Beachway’s clinical staff), the patient go through a medically supervised detox to get sober
Personalized treatment that’s designed to treat the root causes of addiction
A variety of therapies that help identify and manage stresses and triggers in healthier ways
Group therapy to help the patient understand that support is always available
The option of outpatient treatment, which can help patients to readjust to regular life in recovery when rehab has concluded
Access to the aftercare program, where weekly individual therapy takes place. This occurs three times a week with access to family counseling, plus staff and counselors will provide tips to prevent future relapses and offer assistance with resume building and job searching
A Family Program
Beachway also offers several family therapy options. In some cases, a family is a patient’s greatest support system, but they’re also in need of time, resources, and extra help to heal and recover from the pain they’ve suffered by association with substance abuse addiction.
Family therapy can help family members come to terms with their loved one’s addiction, learn about the relationship dynamics that caused it, manage symptoms of anxiety and depression that stemmed from having a family member with substance abuse problems, learn how to offer support, and come to understand their role in the recovery process.
How Addiction Treatment Financing Will Change Your Life
Substance abuse treatment can cost more than many people are prepared to pay at the moment. With alcohol and drug rehab financing from My Treatment Lender, patients can get sober, get well, and put their lives back on track without worrying about having the money to complete treatment.
If you or someone you love is struggling with addiction and are worried about how to afford the necessary treatment, call Beachway today at 877-978-1880. We can help determine the financing options and discuss the therapy options. When it’s time to overcome an addiction, Beachway is here to help every step of the way.