Good Faith Estimate Policy
At Peace of Mind, LLC Wellness we strive to provide transparency and ensure that our clients have a clear understanding of the financial aspects of their therapy services. To promote this transparency, we have implemented a Good Faith Estimate policy. The purpose of this policy is to provide clients with an estimated breakdown of costs associated with therapy services before the commencement of treatment.
Scope of the Good Faith Estimate:
The Good Faith Estimate is intended to provide clients with an approximate understanding of the costs involved in their therapy services. It includes fees related to sessions, assessments, evaluations, and any additional services deemed necessary for the client's treatment plan.
Estimated Costs:
The Good Faith Estimate will include an itemized breakdown of the estimated costs associated with therapy services. This breakdown will cover fees for initial assessments, individual therapy sessions, group therapy sessions (if applicable), and any other relevant services. Please note that the estimate is based on current fee schedules and may be subject to change.
Insurance Coverage:
If the client intends to use insurance for therapy services, the Good Faith Estimate will outline the estimated coverage based on the information provided by the insurance company. However, it is important to note that insurance coverage can vary, and the estimate is subject to confirmation and approval by the insurance provider.
Payment Terms and Options:
The Good Faith Estimate will provide information on payment terms and options available to the client. This may include details regarding accepted forms of payment, payment schedules, and any financial arrangements or assistance programs that may be available.
Communication and Updates:
We understand that financial circumstances can change, and we are committed to maintaining open communication with our clients. If there are any changes to the estimated costs or insurance coverage, we will make every effort to promptly communicate these updates to the client and provide an updated Good Faith Estimate.
Informed Decision-Making:
The Good Faith Estimate is designed to assist clients in making informed decisions regarding their therapy services. By providing an estimated breakdown of costs upfront, we aim to foster transparency, empower clients to plan and budget accordingly, and minimize any surprises or uncertainties related to financial matters.
Please note that the Good Faith Estimate is not a guarantee of final costs. Actual costs may vary based on several factors, including the client's treatment progress, changes in insurance coverage, and the specific services required for their individualized treatment plan.
At Peace of Mind, LLC Wellness we are committed to ensuring that our clients have a clear understanding of the financial aspects of their therapy services. The Good Faith Estimate policy is implemented to promote transparency, facilitate informed decision-making, and support a positive therapeutic experience for all our clients.