TMS is now more affordable than ever. Additionally, we have a dedicated insurance authorization and billing team that helps maximize a patient’s insurance coverage. We have experience in obtaining TMS coverage by most major insurance carriers. We also are, at the time of this writing, the only TMS provider in Louisiana that is a contracted provider for Medicare for TMS, which means that Medicare will cover the TMS you receive at the TMS Center of New Orleans (subject to certain Medicare limitations). We also offer a significant discount to those not using insurance or not covered by insurance.
TMS has consistently been shown to be more cost-effective when compared to medication treatment.
From a study done in 2015 by the Center of Applied Health Economics: "Although both pharmacotherapy and rTMS are clinically effective treatments for major depressive disorder, rTMS is shown to outperform antidepressants in terms of cost-effectiveness for patients who have failed at least two adequate courses of antidepressant medications." (Read the Full Study)
From a 2009 study published in Advances in Therapy: "TMS is a cost-effective treatment for patients who have failed to receive sufficient benefit from initial antidepressant pharmacotherapy. When used at earlier levels of treatment resistance, significant cost savings may be expected relative to the current standard of care." (Read the Full Study)