Financing the cost of most residential stays at Re-Creation Retreat is typically accomplished through a combination of insurance coverage, personal, and outside private financing. At Re-Creation Retreat we recognize that such arrangements will need to be worked out and we invite you to call us at 888-390-8366 to discuss various alternatives that are available.Insurance:
Insurance coverage varies widely between policies. Your policy may cover part or all of the cost of resident stays. We recommend that you contact a representative from your insurance company or a representative from Re-Creation Retreat if you have any questions regarding amounts covered by your specific policy.Recommended Private Financing:
We have partnered with Prosper Healthcare Lending as a potential lender. It simplifies the process of paying for your daughter’s treatment. Working with a national network of specialized lenders, our compassionate loan consultants will help you find the most suitable financing option while maintaining the highest levels of confidentiality. Click the banner above for more information.
We recommend that you first look at the assets you have right in front of you. If you have wealth and you can utilize that wealth to pay for a therapeutic program, begin the process of letting it go now so that it will be easier for you to do so when it comes time.
- Do you own your home? You may be able to apply for a low-interest equity loan from your bank. Or, you may be able to sell your home outright and downsize.
- Do you own your car? You may be able to sell one or both of your cars, and buy an older, cheaper car with a low-interest loan.
- Do you own any jewelry? You may be able to sell your jewelry.
- Do you have bonds, stocks, an IRA or a 401k you can cash in? Now’s the time to cash them in.
- Does your child have an Education Funding Plan or College 529 Plan? Some plans allow for funding of a stay in a therapeutic boarding school, residential treatment center, or wilderness therapy program.
Look to Your Close Friends and Family
- Grandparents Many families go to the child’s grandparents for help, and they are often willing to use some of their retirement or their available cash to help pay for a program.
- Family Members Family members are often more than willing to at least chip in to help pay.
- Close Friends If you have friends with teenagers, they are often aware of what you’re dealing with and are willing to chip in.
Still Need Help? Ask Your Local Community
If your assets and your family’s help are still not enough, you can then move toward your local community to ask for help. Write a letter of support and ask your friends if they know anyone who might be interested in helping. You will be surprised at the resources you may find in the process.
- Write a Support Letter Asking for Help Detail who you are, why you are asking for help, and make sure you write how much you are trying to raise.
- Ask Your Local Community Groups If you are part of any type of community group, ask for help by giving letters to those you are acquainted with.
- Ask Your Church Home If you are a member of a church, go to your church body and ask for help. Send out letters, or ask your church pastors if they are willing to put you before the congregation to ask for help. Churches also often have support funds for active members. Talk to your lead pastor or families pastor, write a letter to the elder board, or if the church has a formal method for applying for funds, ask the church office how to apply.
- Start a GoFundMe page GoFundMe is a web site where you can ask people for money in support of a cause. Start a page and ask your friends on Facebook for help.
Apply for a Behavioral Health Loan
If you have exhausted all of the above options, your last resort may be applying for a behavioral health loan.
- Lightstream Medical Loans Fixed rate, simple interest fully amortizing installment loans, no fees or prepayment penalties.
- Prosper Lending Lends up to $35,000 for Health/Medical/Treatment at customized lending rates based on credit history, credit worthiness, and amount requested.
- M-Lend Financial Options include interest free credit cards (at no additional costs) and low interest installment loans for various credit ratings up to 84 month terms and $100,000. Particularly for addiction treatment. With no interest charges for an extended period of time, this can be a welcome bridge to financing.
- Cross Bank Medical Financing Loan amounts range from $1,000 to $35,000. No loans are offered in Connecticut, New York, West Virginia and Vermont. An origination fee of 8% is included in the principal loan amount. The Annual Percentage Rate (APR) is the cost of credit as a yearly rate. The APR offered to you will depend on such factors as your credit score, application information, loan amount, loan term, and credit history.
IEP and Adoption Assistance Funding
- If your child has an IEP States are required by law to provide funding if a case can be made that the school setting will not be enough to meet their IEP. See wrightslaw.com for more information.
- Is your child adopted? The Adoptive Families Coalition welcomes and helps families with post-adoption challenges. They offer a unique plan to assist in meeting the high cost of therapeutic boarding schools, residential treatment centers, and wilderness therapy programs. You can find the sponsorship application page at http://adoptive.org/sponsorship/ or Call (602)-740-7149 or (602)-390-0220.
- Was Your Child Adopted in California? California is required by law to provide assistance to families with struggling adoptees who were once a part of the California foster care system. Click here for more information
Crime Victim’s Compensation
If your child is struggling due to the fact that they were a victim of a crime, there are funds available to help you pay for treatment. You must apply for assistance in the state in which the crime was committed and tried. The National Association of Crime Victim Compensation Boards has a list of all of the state crime victim compensation web sites where you can begin to apply for funding for a therapeutic boarding school, residential treatment center, or a wilderness therapy program.
To further clarify and discuss the admissions process, please contact us at 888-390-8366. Limited Scholarships: From time-to-time Re-Creation has limited scholarships available for a portion of the resident costs. For more information regarding scholarship availability and qualification please contact a member of our admissions staff at 888-390-8366