Why Do So Many Psychiatrists Not Accept Insurance?

Why Do So Many Psychiatrists Not Accept Insurance

Reading Time: 4 minutesYou found a psychiatrist. You call to book. Then you hear it: they don’t take insurance. It happens constantly in New York. Psychiatry has one of the lowest insurance participation rates of any medical specialty. For patients trying to find psychiatrists in NYC who are actually in-network, this creates a real access problem.  Understanding why so many psychiatrists opt out of insurance helps you find one who hasn’t, and know what questions to ask before you book. The Insurance Reimbursement Problem Insurance companies pay psychiatrists significantly less than their standard…

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