The Most Common Ways to Pay For Drug and Alcohol Rehab

credit card payment

Over twenty-three million Americans suffer from substance abuse and addiction problems, but according to the Substance Abuse and Mental Health Services Administration, only about three million of these individuals participate in the rehabilitation treatment they so desperately need. Among the many reasons an individual may give for failing to participate in rehabilitation treatment is the cost of treatment, and while it is true that rehabilitation treatment can be quite costly, one must also consider the financial, physical, mental and emotional cost of continuing their drug use.

How to Pay For Drug and Alcohol Rehab

In many cases, an individual’s health insurance plan will cover many of the costs related to rehabilitation treatment services. However, these plans may only pay for select treatment services, and for a finite period of time, which may not be conducive to the individual’s full and effective recovery. During rehabilitation treatment, an individual needs to focus on their recovery, and can be distracted by concerns over whether they are able to afford treatment, or whether they will be able to successfully complete their treatment program before insurance funds run out. It is best to consider how one will pay for rehabilitation treatment prior to enrolling in said treatment, so that the individual can then focus exclusively on their recovery.

The most common ways to pay for drug and alcohol rehab are:

● Financing the treatment with credit cards. In some cases, a substance abuser may have credit available that can be used to immediately enroll in a rehabilitation treatment program. However, by doing this one needs to acknowledge that they are building up debt and they may have high interest rates and high monthly payments that they will have to sort out after treatment is completed. Family members may be willing to help if they have a 0% interest rate credit card, and if they are willing to put their own credit and finances on the line to help a loved one.

● Financing the treatment with health care credit cards. Some credit companies extend credit exclusively to individuals who are trying to help finance medical expenses, including drug and alcohol rehabilitation treatment, and may even offer credit to individuals with poor credit histories. Again, an individual who pursues this route needs to acknowledge that they are building up debt and they may have to deal with high interest rates and high monthly payments.

● Financing the treatment with a personal loan. Depending on the substance abuser’s assets, income and expenses, they may be able to secure a personal loan from a bank or other lender. In fact, some financial institutions specifically cater to individuals who are seeking financing for drug or alcohol rehabilitation treatment. Some personal loans offer lower interest rates and monthly payments than credit cards, and they may offer the individual a fixed payment loan that will be easy to manage in the future.

There are also a few drug and alcohol rehabilitation treatment facilities that offer their own financing options for program participants, so it can be helpful to check into this possibility as well.

Refusing to enroll in the treatment that could allow an individual to take back control of their life simply because one is concerned about resultant financial responsibilities is not considering the whole picture. While it may not seem ideal for a substance abuser to take on any financial debt for any reason, one must remember the end goal of rehabilitation treatment: an individual who is fully recovered from substance abuse and is responsible for and prepared to live an honest, healthy and productive life.

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