Not only can physical therapy help you physically, but it may be able to help you save money in the long run! Physical therapy can be an alternative to costly surgery. At FYZICAL Whitney Ranch, we are happy to discuss any insurance coverage questions to help put your mind at ease. Insurance can be confusing to navigate. We've included a few common definitions of terms you'll typically see in insurance verbiage below:
Copayment or Copay: Fixed amount of money that a patient may have to pay before a medical service. Your copay amount will depend on your insurance company and the specific type of plan that you have.
Deductible: Amount of money that you'll have to pay out-of-pocket, which must be covered before your insurance company contributes any money towards your medical service. Your deductible will also depend on your specific insurance company and plan.
Coinsurance: Amount of cost that you will have to split between yourself and your insurance provider. A common coinsurance is 80/20, which means your insurance company will cover 80% of the cost of the medical service and you will have to cover the other 20% of that service. Discuss this with your insurance company because the breakdown will differ by insurance company and plan.
At FYZICAL Whitney Ranch we will help you navigate any insurance questions to make your therapy process as stress-free as possible. Contact us today to discuss treatment plans and how we can help you save money!