The shortage of psychologists accepting insurance, combined with full caseloads and high demand, has made mental health care increasingly difficult to access. According to a new report by the American Psychological Association, roughly a third of psychologists do not accept insurance. Among those who accept insurance, private and commercial pay health plans were the most commonly accepted form of insurance. In fact, 58% of psychologists said they participate in private/commercial insurance, 36% participate in traditional fee-for-service Medicare and 26% report participating in Medicare Advantage. Meanwhile, only 16% participate in traditional fee-for-service Medicaid and 18% accept managed Medicaid.
Read the full article: Insurance Barriers, Provider Scarcity Limits Patient Access to Psychologists //
Source: https://bhbusiness.com/2024/12/18/insurance-barriers-provider-scarcity-limits-patient-access-to-psychologists