Since becoming approved by the FDA in 2008, Transcranial Magnetic Stimulation (TMS) has become increasingly popular as a treatment for mood disorders ranging from major depression to Obsessive-Compulsive Disorder (OCD). The high rates of effectiveness, non-invasive approach, and paucity of side effects of TMS make it a very appealing option for many doctors and patients. Yet the question that still remains on many patients’ minds is: how much will a course of TMS cost for me?
The answer – as is often the case with all things that involve medical insurance – is: it depends.
Insurance Coverage for TMS Is Growing
Without doubt, over the past several years, more and more health insurance plans have begun to cover TMS. Still, the out-of-pocket cost of TMS can vary widely. The best way to determine your particular out-of-pocket cost is to receive a psychiatric assessment by a TMS specialist, followed by a benefits investigation by their insurance experts. Dr. Elia Gonzalez-Rodriguez and her team at Pacific Phoenix TMS have extensive experience making these determinations.
The Cost of TMS Varies Widely Based on A Number of Factors
Nevertheless, it can be helpful for patients to gain a better understanding of the process that goes into such determinations. The cost is basically driven by two factors: your individual medical history and the terms of your specific insurance plan.
On the medical front, considerations include:
On the insurance front, many factors are at play as well – assuming that your plan does cover TMS. They include:
At Pacific Phoenix TMS we welcome the following health insurance plans:
If you are suffering from depression, OCD, or PTSD, don’t wait – contact Pacific Phoenix TMS today and take an important step on the road to recovery!