Financial Agreement and Payment Policy

Financial Agreement and Payment Policy

Financial policy forms are one of the first pieces of information a new client will see. It has several important purposes:

Provides payment information: Financial policy forms tell the client what they need to know about your practice’s payment policy.

Sets boundaries: The client learns what to expect and the limits placed on them. Boundaries are a key component of the therapeutic process and the payment policy is one of the first opportunities for the therapist to implement them.

Financial policy forms are legal contracts: The client signs that they understand and agree to the policies outlined in the document which can come in handy if a payment dispute arises.

Builds rapport: It is usually brought up in the intake session and, as such, is one of the earliest interactions a therapist has with a client. It helps set the tone for the therapeutic relationship.

Content provided by TheraPlatform is educational and does not constitute any legal advice.