Many families have concerns about financial information. Most families have questions, such as: “How much does the program cost?” “Will my health insurance cover any of the costs?” or “Do you offer financing?” Accordingly, Discovery Academy has experienced Admissions Counselors ready to answer your questions. While expense is a concern, do not let it be barrier to letting your teen get help. Call to find out how we can help.
Program Cost Please feel free to contact us about our rates at 855-645-0484. Our Admission Counselors will answer any questions you may have. They will also work with you to find the best solution that fits your family needs.
Discovery Academy will assist parents with health insurance billing. When the clinical information rises to the level of medical necessity, we have been successful in collecting some insurance money. Please contact an admissions counselor for more details around specific insurance issues.
Financial Loan companies we recommend for families:
Prosper HealthCare Lending
Click on image above or copy and paste this URL into your browser: https://app.prosperhealthcare.com/003233
Prosper Healthcare Lending 800-625-7412
Prosper Healthcare Lending is the premier financing company in the healthcare industry. With over $3 billion borrowed and over 250,000 people empowered, this is a name and a program you can trust. Moreover, they have experience in working with families of troubled teens.
Here are some of the benefits you’ll receive with a loan from Prosper Healthcare Lending:
- Immediate decisions without affecting your credit!
- Longer terms for lower monthly payments
- No collateral required
- No prepayment penalties
- Fast & easy loan inquiry process
- Additionally, the process is 100% Confidential
Tax Deduction Information
Please provide the following information to your tax adviser so they can assist you in making the proper deduction.
You may wish to refer to Internal Revenue Code (Section 213a) for additional information on allowable deduction percentages of expenses related to the care for your son or daughter.
For example, court rulings that support medical expense deduction related to enrollment in a special school for your child:
- –Griesdorf, Lawrence, (1970) 54 TC 1684) Enrollment of a child not cooperating in school and often physically sick related to result of parental divorce and father’s suicide.
- –Urbauer, Charles, (1992) TC Memo 1992-170) Enrollment of a 17 year-old with severe behavioral and drug abuse related problems in a college preparatory school program designed to meet the educational and emotional needs of students with problems.
When the proper criteria are met, all tuition (including all food and lodging) and additional expenses including transportation to and from the program should be discussed as a deduction with your tax adviser. Moreover, phone calls and other related expenses you incur should also be discussed with your tax adviser.
Additional Resources for your tax adviser:
- Internal Revenue Code Section 213(a)
- Treasury Regulation Section 1.123-1(e)
- Revenue Ruling 70-285
- Private Letter Ruling 8447014
- Court Cases: Griesdorf, Lawrence, (1970) 54 TC 1684;
- Pazos, Jose, (1987) TC Memo 1987-131;
- Urbauer, Charles, (1992) TC Memo 1992-170
For further information, please contact 855-645-0484.