Can I Finance My Drug Rehab Stay?December 28, 2013 - Addiction Treatment - 0 Comments
Drug addiction negatively impacts numerous areas of your life. A stay in drug rehab is one of the best investments you will ever make in improving the quality of your life. But many people worry whether or not they can afford a stint in drug rehab and mistakenly don’t even inquire about its costs, thinking it’s financially beyond their means. But like many other investments you make, you can finance your drug rehab stay in a variety of ways in order to enjoy its many benefits.
Many drug treatment centers recognize the importance of making it financially possible to attend their programs. They offer drug treatment financing options for their clients. This financing may come directly from their own resources or they may offer loan packages that originate from third-party lenders. When investigating a drug rehab facility, it’s important to talk with someone in their financing department in order to investigate what options they offer you so that you can comfortably pay off your bill after finishing treatment.
Another good choice for financing a drug rehab stay is private insurance. Check to see whether your current healthcare policy covers all or part of treatment by a drug rehabilitation facility. Medicaid recipients should check to what degree their healthcare insurance covers all or part of the expense of undergoing a drug rehab visit.
Drug rehabilitation costs can also be financed by obtaining a personal loan from a family member or friend. Often the relatives and friends of a person enmeshed in drug addiction will be more than happy to offer as much financial assistance as possible in order to help an individual take steps to address their drug use. Often family members or close friends are willing to finance your drug rehab stay because they recognize how much better your life will be and your relationship to other people once you complete a drug rehabilitation program.
Many people don’t realize that they have assets they can sell, stocks or bonds that they can transfer into cash or other savings they may have forgotten about that can great assisting in financing a drug rehab stay. Homeowners can take a second mortgage on their property and car owners can use their vehicle as collateral for a personal loan. Using even just a portion of your personal assets to finance drug rehabilitation is an excellent investment in your future physical and mental well being.