Residential Treatment: What Are the Financial Considerations?

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Millions of people in America are currently living with substance use disorders. For many, residential addiction treatment is a crucial step in recovery. It offers a structured and supportive environment that can facilitate healing and recovery. However, despite its many benefits, the decision to seek residential treatment comes with certain financial considerations that need to be taken into account. 

Overall Cost of Treatment

One of the first factors to understand is the overall cost of residential addiction treatment. This varies greatly depending on location, amenities, and many other aspects. Comprehensive residential treatment services at a high-end facility may offer more luxurious accommodations and a broader selection of treatments, but they also cost more. Other facilities may be just as effective even though they cost less. Generally speaking, 30 days of residential treatment can range anywhere from a few thousand dollars to tens of thousands. 

Insurance Coverage

Insurance coverage is another important aspect to factor into the equation. Per the Mental Health Parity and Addiction Equity Act, insurance companies are required to treat substance use disorder treatments just as they would those for other physical and mental health issues. Not all policies include coverage for mental health and addiction treatments, though. Some may cover a portion of treatment, but the extent tends to vary greatly. Be sure you understand what your insurance covers and what it doesn’t. Keep deductibles, co-payments, and other possible expenses in mind here. 

Aftercare Costs

Aftercare costs may also enter the mix. Addiction treatment doesn’t end when you leave a residential facility. It may require ongoing care, therapy, and other relapse prevention measures. Some of those may be covered by insurance, but at least a portion of these expenses may fall on your shoulders. 

Lost Income and Additional Factors

Potential lost income should also be considered. Residential treatment entails being isolated from the outside world. Those who participate in this type of treatment can’t leave to go to work every day and come back to the facility after the fact. Missing time from work can result in serious financial hardships for many people. In some cases, people have even lost their jobs after requesting a 30-day leave. Some employers may offer short-term disability benefits to offset lost wages or job protection through the Family Medical Leave Act, but those options aren’t available to everyone.

From Another Perspective

Having covered some of the costs of residential treatment, it’s time to take a look at the possible repercussions of not receiving help for substance abuse. In other words, how much will not receiving treatment cost? While the cost of residential addiction treatment can be significant, it should be considered a long-term investment. Overcoming addiction can lead to improved physical and mental health, fewer medical expenses, increased earning potential, and improved quality of life among many other benefits. Those are well worth the cost of treatment.

Considering the Cost of Residential Substance Abuse Treatment

Residential treatment can be an effective tool in overcoming substance use disorders, but the financial considerations are often complex. Although the costs can be significant, you can’t put a price on overcoming addiction. Understanding the overall cost of treatment, how much your insurance will cover, and the potential out-of-pocket expenses you might face is essential. Taking possible lost wages into account is important as well. All these measures will help you prepare for and manage the cost of treatment while also understanding the potential costs of not receiving treatment.

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