Insurance
At Island Psychiatry, we work as an out-of-network provider with regard to commercial insurance companies. We are enrolled with Medicare as a 'Non-Par' provider, which guarantees patients with Medicare plans significant reimbursement.
We understand that you may have concerns about the cost of treatment and we want to address them directly.
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We believe that commercial health insurance companies create barriers which interfere with you receiving the best possible care. For Island Psychiatry, our decision to avoid becoming a network provider is not about fees. It's about who controls your care. Insurance companies insist that their in-network providers sign contracts which place too much control in the hands of the company. Essentially, it allows them to dictate treatment decisions.
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In an effort to diminish these barriers, we offer the following solutions:
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Thoughtful approach to maximizing cost effectiveness of care.
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Sophisticated medical coding procedures to increase the payments to you from your insurance company if you have out-of-network benefits.
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Electronic claim submission on your behalf to ensure the fastest reimbursement possible for those eligible.
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Assistance with determination of your out of network benefits.
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When possible for specialty services (such as TMS and ketamine,) assistance with obtaining "single case agreements" in which we become "network providers" on a case by case basis.
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Ongoing attempts to keep our fees as affordable as possible and still attract the highest quality clinical and administrative staff.