Does Medicare cover therapy?
Medicare Part B covers both individual and group psychotherapy provided by eligible mental health professionals. It also covers services like annual depression screening, diagnostic tests, medication management, and psychiatric evaluations. (AARP, 2023)
Does Medicare cover inpatient mental healthcare?
Medicare Part A covers mental healthcare services if you are admitted as a hospital inpatient, whether at a general or psychiatric hospital. The coverage and cost-sharing are generally the same as for other inpatient hospital stays. (AARP, 2023)
How common is it for psychiatrists to accept new Medicare enrollees?
Approximately 60% of psychiatrists accept new Medicare patients. (AARP, 2023)
Does Medicare provide coverage for prescription drugs for mental health?
Yes. Medicare covers mental-health prescription drugs through Part D or Medicare Advantage plans, which are required to cover nearly all antidepressant, antipsychotic, and anticonvulsant medications. You can use the Medicare Plan Finder to compare costs and benefits. (AARP, 2023)
