How to Calculate Total Cost of Therapy Beyond the Copay

How to Calculate Total Cost of Therapy Beyond the Copay
By Frankie Torok 26 January 2026 2 Comments

Therapy isn’t just about the $30 you pay at the door

Most people think their therapy copay is the full price. You show up, swipe your card, pay $30, and walk out. But that’s just the tip of the iceberg. If you’re in therapy long-term - and most people are - your real cost could be thousands more. The copay is just one piece. To know what you’ll actually spend, you need to understand deductibles, coinsurance, out-of-pocket maximums, and whether your therapist is in-network. Ignoring these can lead to shocking bills.

What your insurance plan actually pays for

Not all insurance plans are built the same. There are three main types that affect your therapy costs: copay plans, deductible plans, and coinsurance plans. If you have a copay plan, you pay a fixed amount per session - say $30 - no matter how much the therapist charges. That sounds simple. But here’s the catch: you might still be paying full price until you hit your deductible. Many people assume their copay kicks in right away. It doesn’t. If your deductible is $1,500, you pay the full session fee - often $125 or more - until you’ve spent that much in a year. Only then does your copay apply.

Coinsurance plans are trickier. After you meet your deductible, you pay a percentage of the cost. If your plan has 20% coinsurance, and your therapist charges $125 per session, you pay $25. Sounds manageable. But if you need 30 sessions, that’s $750 just in coinsurance - not counting what you paid before meeting the deductible. And if your therapist charges $200 per session? Now you’re paying $40 per session. That adds up fast.

In-network vs. out-of-network: the hidden cost gap

Choosing a therapist who’s in-network can save you hundreds - or even thousands. In-network providers have agreements with your insurance company. They accept a set rate for services, and your insurance pays most of it. Out-of-network therapists don’t. You pay the full fee upfront, then submit a claim. Your insurance might reimburse you, but only up to what they consider “allowed amount.” That’s often much lower than what the therapist charges.

For example, an out-of-network therapist charges $227 per session (common in North Dakota). Your insurance’s allowed amount is $150. You pay $227, then get back $120 (80% of $150). You’re still out $107 per session. That’s more than double what you’d pay in-network. Over 20 sessions? You’ve spent $2,140 instead of $800. And if your deductible is separate for mental health? You might pay twice as long before your coinsurance even starts.

Split scene: one side shows low copay at in-network therapy, other side shows high cash payment at out-of-network session.

Your out-of-pocket maximum isn’t a magic shield

Insurance companies cap how much you pay in a year. In 2024, the max for an individual plan is $9,350. That sounds like a safety net. But here’s what most people don’t realize: it only applies to covered services. If your plan has a separate mental health deductible, your therapy costs might not count toward your medical deductible. That means you could hit your $9,350 cap for doctor visits and prescriptions - but still owe thousands more for therapy.

And if you’re on Medicare? You pay 20% of the approved amount after your Part B deductible. That’s about $28.65 per session on average. But if you don’t have a Medigap Plan G, you’re stuck with that 20%. Add in monthly premiums for the supplement, and your yearly cost climbs. Medicaid patients usually pay little to nothing - but access is limited. Not every therapist takes it.

How many sessions do you really need?

Most people think therapy is a few sessions. It’s not. According to Grow Therapy’s 2023 data, 50% of patients need 15 to 20 sessions to see real improvement. For complex conditions like PTSD or chronic anxiety, it’s often 25+ sessions. If you’re paying $40 per session after your deductible, that’s $1,000 just for 25 sessions. If you’re paying full price before meeting your $1,500 deductible, and you need 12 sessions at $125 each, you’re already at $1,500 - and you’ve only just started.

Weekly therapy adds up fast. Three sessions a month? That’s $360 if you’re on a $40 copay. $4,320 a year. And that’s without counting missed sessions, cancellations, or breaks in treatment that reset your deductible clock. Many patients don’t realize they’re paying full price again if they take a two-month break. Insurance resets yearly - your progress doesn’t.

Hidden costs you’re probably forgetting

Therapy isn’t just the session fee. There’s transportation. Time off work. Childcare. Even the cost of your coffee after a tough session. One patient in Manchester told me she spent £15 on bus fares each week - £780 a year. That’s not on her insurance statement. It’s not counted in her copay. But it’s part of her total cost.

Medication is another. If your therapist recommends an antidepressant, you’ll pay your pharmacy copay - which could be $10, $40, or $100 depending on your plan. Add that to your therapy bills. If you’re on three medications, that’s $1,200 extra a year. And if your insurance changes next year? Your copay could jump. Your deductible could rise. Your coinsurance could go from 20% to 30%. None of that is guaranteed.

Person at table with holographic cost trackers and a helpful robot offering sliding scale therapy options.

What to do if you can’t afford it

You don’t have to pay full price. About 42% of private practice therapists offer sliding scale fees based on income. That means you could pay $50 instead of $125. Some clinics charge as little as $40 per session through platforms like Open Path Collective. University training clinics - run by grad students under supervision - often charge 50-70% less. In Manchester, the University of Manchester’s psychology clinic offers sessions for £35.

Don’t assume you’re too high-income to qualify. Many sliding scale programs use federal poverty guidelines. A single person earning £30,000 a year might still qualify. Ask. Don’t be shy. Therapists want you to get help - not go broke.

How to calculate your real cost - step by step

  1. Call your insurance. Ask: Is my mental health coverage separate from medical? What’s my deductible for mental health? What’s my coinsurance percentage? What’s my out-of-pocket maximum?
  2. Find out if your therapist is in-network. If not, ask what their fee is and what your insurance allows.
  3. Estimate how many sessions you’ll need. 12? 20? 30?
  4. Calculate Phase 1: How many sessions will you pay full price before hitting your deductible? Multiply that by the session fee.
  5. Calculate Phase 2: How many sessions after the deductible? Multiply by your copay or coinsurance amount.
  6. Add any medication costs and transportation.
  7. Check if your out-of-pocket maximum will cap your total. If not, you’re paying more.

Example: Deductible $1,500. Session fee $125. Copay $40 after deductible. 20 sessions. You pay $1,500 for the first 12 sessions. Then $40 x 8 = $320. Total: $1,820. Without insurance? $2,500. You saved $680 - but only if you knew the math.

What to do next

Don’t wait until you get a bill. Call your insurer. Log into your portal. Ask for a cost estimate for therapy. Use tools like Alma’s free estimator or Rula’s calculator. Write down your numbers. Track your spending. If you’re struggling, talk to your therapist. Many have resources for financial aid. You’re not alone. And you don’t have to pay more than you can afford just because no one told you the full story.

Is my therapy copay the only thing I pay?

No. Your copay is just one part. You might also pay full session fees until you meet your deductible, coinsurance after that, and possibly out-of-network fees. Plus, you may have separate deductibles for mental health. Always check your plan details.

What’s the difference between in-network and out-of-network therapy?

In-network therapists agree to your insurer’s set rates, so you pay less - usually a copay or coinsurance. Out-of-network therapists don’t, so you pay the full fee upfront and may only get partial reimbursement. Out-of-network costs are often 2-3 times higher.

How many therapy sessions do most people need?

Most people need 12 to 16 sessions to see improvement. For complex issues like PTSD or long-term depression, 20 to 30 sessions are common. Don’t assume a few sessions will be enough - plan for the long haul financially.

Can I reduce my therapy costs if I’m uninsured?

Yes. Many therapists offer sliding scale fees based on income. Platforms like Open Path Collective provide sessions for $40-$70. University training clinics often charge 50-70% less. Local nonprofits may also offer low-cost options.

Do medication costs count toward my therapy out-of-pocket maximum?

Yes - if they’re covered under your medical plan. Your pharmacy copays for antidepressants or anxiety meds usually count toward your overall out-of-pocket maximum. But check if your plan has separate deductibles for mental health and medical services.

What if my insurance changes next year?

Your deductible, copay, coinsurance, or out-of-pocket maximum could go up. Your network might shrink. Always review your plan during open enrollment. If you’re in therapy, ask your insurer if your current provider will still be in-network next year.

2 Comments
Marian Gilan January 26 2026

lol so now i'm supposed to do a cost-benefit analysis just to cry in a room for 50 mins? next they'll make us fill out a TPS report before we can talk about our childhood. insurance is a pyramid scheme with better branding.

Conor Murphy January 28 2026

this hit me right in the feels 😔 i thought my $35 copay was the whole story... turns out i'm already $900 in before even hitting my deductible. thanks for laying it out like this. i didn't know i could ask for sliding scale. gonna call my therapist tomorrow.

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