Payment & Finance Options
Prior to your appointment at Michael Rothman MD, it is essential to understand your payment and financing options. This ensures you can maximize your savings and maintain control of your healthcare expenses.
Since treatments at Michael Rothman MD address the root cause of your symptoms—rather than treating only on a symptom-by-symptom basis—they don’t fit traditional insurance reimbursement models. As a result, while we can provide a superbill for you to directly submit to your insurance plan, we do not accept Medicare or commercial insurance.
Instead, at Michael Rothman MD, we operate on a fee-for-service, cash-based model. This means that unlike membership based practices, you can utilize Health Savings Accounts (HSA), Medical Savings Accounts (MSA) or Flexible Spending Accounts (FSA) to pay for our services using pre-taxed dollars. For most people, this can represent a significant tax savings.
This approach allows us to focus on providing high-quality, personalized care, leading to a better experience for you, and potentially with significant savings.
Maximize Your Savings with Pre-Tax Accounts
You can use Health Savings Accounts (HSA), Medical Savings Accounts (MSA), and Flexible Spending Accounts (FSA) to cover many of our services. These accounts allow you to pay for healthcare expenses using pre-tax dollars, effectively lowering your overall costs. This pre-tax benefit functions like a discount, making your medical services more affordable.
Health Savings Account (HSA)
A Health Savings Account (HSA) is a pre-tax savings account for individuals with a high-deductible health plan (HDHP). For calendar year 2024, you can contribute up to $4,150 for self-only coverage and $8,300 for family coverage, with an additional $1,000 if you’re 55 or older.
The key benefit of an HSA is that unused funds roll over year after year so you won’t lose your savings. Contributions are tax-deductible, and withdrawals for qualified medical expenses are tax-free, making it a great option for reducing healthcare costs over time.
Medical Savings Account (MSA)
A Medical Savings Account (MSA) is similar to an HSA but designed for the self-employed or small business employees with high-deductible health plans.
You or your employer can contribute up to 75% of the annual deductible for a family plan or 65% for self-only coverage. Contributions are tax-free when used for medical expenses, offering a tax-advantaged way to manage healthcare costs.
Flexible Spending Account (FSA)
A Flexible Spending Account (FSA) is an employer-sponsored account that allows you to use pre-tax dollars to pay for healthcare expenses like copayments, deductibles, and medical supplies.
While FSAs are typically “use it or lose it,” some employers allow a grace period or small rollover. FSAs help reduce your taxable income while covering immediate medical expenses.
Medical Financing with CareCredit
Michael Rothman MD partners with CareCredit to offer flexible financing options for your functional, metabolic care. A CareCredit wellness credit card can be used for our range of treatments, helping you manage the costs associated with your tailored treatment plan.
CareCredit allows you to finance your treatments and pay over time with manageable monthly payments, making your healthcare more accessible.
Visit our CareCredit profile to learn more and apply for your wellness credit card.
Act Now to Maximize Your Savings
Don’t miss the opportunity to save on your medical expenses!
With your Health Savings Account (HSA), Medical Savings Account (MSA), or Flexible Spending Account (FSA) you can pay for qualified medical expenses with pre-tax dollars, effectively reducing your taxable income.
As the year draws to a close, utilizing pre-tax accounts can help you take full advantage of any remaining funds, ensuring you don’t miss the opportunity to save.
Depending on your tax bracket, the potential savings can be substantial, making this an ideal time to cover medical services and prescriptions while reaping the financial benefits of your HSA, MSA, or FSA.
Disclaimer: Please check with your HSA, MSA, FSA account provider or CareCredit for specific eligibility details and terms.
FAQ
At Michael Rothman MD, our approach focuses on addressing the root cause of your symptoms, which doesn’t align with traditional insurance reimbursement models. As a result, we do not accept Medicare or commercial insurance.
You can pay for our treatments using Health Savings Accounts (HSA), Medical Savings Accounts (MSA), or Flexible Spending Accounts (FSA). These accounts allow you to use pre-tax dollars, effectively lowering your out-of-pocket expenses.
Additionally, we offer CareCredit, a healthcare financing option that enables you to spread payments over time. CareCredit is a viable option if you’re looking for flexibility in managing healthcare costs. Visit our CareCredit profile to learn more.”
We have partnered with CareCredit—a healthcare financing option that allows you to manage the cost of treatments with flexible monthly payments. You can easily apply online, and once approved, use it to cover your services at Michael Rothman MD.
Each account has its own set of eligible expenses, but most treatments at Michael Rothman MD qualify. We recommend checking with your account provider to confirm whether specific services are covered.
Disclaimer: Please check with your HSA, MSA, FSA account provider or CareCredit for specific eligibility details and terms.
Meet Dr. Michael Rothman
For over 20 years, Dr. Michael Rothman has helped patients understand their health through natural, holistic, and non-toxic methods. With a strong background in Nutrition, Biochemistry, Physiology, and Physics, he has studied the works of pioneers in metabolic typing and balancing.
Dr. Rothman is also trained in Medical Acupuncture, Homotoxicology, Reiki, Chi Kung, and Oriental Martial Arts, blending Eastern and Western medicine. His approach integrates biochemical, biostructural, and bioenergetic components to promote optimal wellness.
