Talkspace Spac Investor Presentation | ITX

because treatment is pretty costly…Talkspace Spac Investor Presentation… given that the beginning of this year so since 2021 a lot has changed in my life i moved from living alone or dealing with my boyfriend back to living with my moms and dads|Initially of all what is better help so it’s this online treatment platform you can call it where you have your therapy session online and you’re immediately matched with your therapist and talk through this platform so i’ve been utilizing better help now for more than a month i think almost one and a half months but let’s go back why did i even how did i even come to desiring to attempt out better help so i’ve always been the individual who believed therapy is something that everyone and anyone can truly benefit from i do not believe there’s a single individual out there without any issues but i constantly imagine myself as somebody who is going to get treatment at some point in my life just because i believe it is so handy but just not now when i have the cash due to the fact that treatment is pretty pricey since the beginning of this year so considering that 2021 a lot has changed in my life i moved from living alone or living with my boyfriend back to living with my moms and dads}

i altered from having all the downtime in the world to do what i love to having a full-time internship and committing all my time to this internship that ended up not to be as fulfilling as i hoped and believed it would be so i felt type of dissatisfied with the place that i remain in right now in life and i seemed like i kind of lost my method lost my sense of purpose i lost my instructions sort of and i required i felt like i required help i felt like i needed somebody who is not going to evaluate me someone who is going to comprehend me help me make sense of what’s going on in my mind since all of us understand when we speak to our partners our moms and dads our pals they all have their type of predisposition vision that they’re going to project onto you they’re going to have hopes and expectations that they might forecast onto you and i truly desired someone who is there for me and is going to be extremely neutral and simply

assist me find out my self and my thoughts now i selected online treatment specifically since i didn’t believe i had substantial issues or health problems like depression for instance so that suggested that i would need to spend for therapy myself for the majority of medical insurances here in germany they’re only going to cover your therapy costs if you have anxiety or an eating disorder just something more serious however me simply type of being disappointed with things they’re not going to spend for that so i decided to go the online therapy route since i thought that would be um more budget friendly and i likewise like the reality that it would be quite discreet i could simply start going to therapy without people discovering i’m leaving the house asking where i’m going it can simply be me in my space also what i like about online therapy is that you save that time where you need to travel to a medical professional’s hot office and then travel back and the procedure of preparing yourself and personally i always ask somebody that wanted to have therapy in english i live in germany if i were to discover somebody a in-person therapist he or she would probably do the whole session in german and i’m someone that not constantly believes in english but when i journal and when it’s more about sensations and more deep things i choose to do that in english i likewise even compared different online treatment services or platforms simply by taking a look at reviews what they offer what they do not use and from what i saw compared to what my requirements are i seemed like betterhelp was the very best fit i was trying to find something that’s economical a platform where i could do video therapy so i picked betterhelp now when you get going you begin by completing this quiz and they ask you a great deal of various things like have you ever been to therapy do you choose maybe a spiritual based therapist or do you

choose a man or a woman as a therapist have you had any injury what type of treatment do you choose so a therapist that is maybe more um going to be informing you the hard truth or someone who’s going to be more understanding and i actually like that about um better help i was positively surprised by this survey i felt like they were actually considering me and what i like and what i don’t like then when they’ve type of made an evaluation they ask you to sign up and to pay before you really begin so that was a point where i then be reluctant and understand fine this is going to cost me 200 a month which was a little much but i emailed better help and told them about my monetary scenario that i’m currently making minimum wage and taking a look at moms and dads and things like that and they were really understanding and they gave me i believe like a 10 or 15 percent discount rate that is another plus point without help that they consider the reality that you might not be economically really able to afford treatment so they do provide discounted rates to people who need it now based upon all the things that are submitted with the test they quite rapidly i think within like an hour or two paired me with a therapist but they do say that it uses up to i believe 24 hr so the first thing i did was i made sure to arrange a visit with my therapist a consultation i mean like a session where we both Talkspace Spac Investor Presentation

be focused on communicating to each other they have various alternatives they do a voice call therapy session a video call treatment session or simply a chat treatment session so you can truly choose what you want as i said i personally truly desired the video conference treatment just because i believe it is necessary to see the person see their expressions now in the beginning i had it was actually hard and it likewise took a mental toll on me since i was currently in that unfavorable space there was an issue with the time difference so my therapist remains in the united states and with the time different time difference better help likewise i think got my time zone incorrect or my therapist time zone incorrect i’m uncertain however the time zone didn’t compare so there was a lot of misconception in the beginning of if i schedule the session at 9 00 pm is this that my 9 pm is this my therapist 9 pm and it was a big confusing mess in the beginning i felt actually stressed out much more than i should be i believe better help has actually sorted that out now because i don’t have that problem any longer so i scheduled my first home and when the time of the appointment occurred i was truly anxious i set myself up i made sure to be in a space where i can be myself i made sure to prepare myself mentally prior to going to therapy i did that by sitting with myself half an hour before treatment just journaling out my ideas what i wish to state and likewise once again after treatment journaling out what we discussed so when the time came i was ready you’re expected to be online on the platform and wait on a therapist that your therapist is going to call you through the platform so i waited and i waited and it was 10 past it was 15 past it was 20 past and my therapist simply didn’t show which again was such a frustration and it wasn’t fantastic mentally so i was so fired up for this so nervous for this it was a monetary dedication and then my therapist didn’t show my therapist ended up appearing half an hour later however described that it was better help’s fault once again with the time difference being identified improperly and incorrect put improperly into her schedule the being late aside the first session went actually really fantastic kind of start to learn more about your therapist to see if it’s even a great fit if you feel like you’re not getting in touch with your therapist you’re simply not a great fit you can you have the option to change therapists on much better health they will match you with a different one you can change as numerous therapists as you want but i felt like i actually connected with my therapist and

Does BetterHelp take HSA? Talkspace Spac Investor Presentation

i’m still with that same therapist and right within the first session my biggest question as to my instructions in life and what i desire which got answered truly rapidly my therapist essentially made me realize that the response i’ve been trying to find was always there within me i’ve just been too afraid to admit that that is my response because of a lot of factors expectations of others expectations myself but i keep in mind coming out from that treatment session being really not mind-blown but how do you call it like horses have those blinders like those have been raised i was like wow okay this makes a lot sense and i spent the following week really reflective and considering what my therapist informed me how i would use that to my life what that indicates for me yeah and after that luckily my therapist has actually constantly been on time there disappears problems with the time difference i had a great deal of sessions where i truly came out sensation really good feeling actually productive and my therapist also had a few concerns for me that i got to think of throughout the week which i personally actually liked i’m more a reflective individual and she asked me some truly tough concerns that are truly crucial though despite the fact that i have actually just been to treatment like one and a half months i actually seem like it’s really assisted me

i did have some sessions though where i felt a little disappointed later on i seemed like it wasn’t really going the method i anticipated it however that was simply me forecasting my expectations on my treatment sessions i suggest it’s not always going to go terrific and perfect in some cases you’re just not going to have that much to talk about and that’s great as well but in general i’m really happy with my therapist and the way that she deals with these sessions with me and the instructions that we’re going down and presently i’m still doing better help i’m still doing treatment i actually have a session tomorrow i’m actually delighted about i do have a couple of tips if you decide to go on and try better help is that for one i would state to be fast with scheduling your sessions due to the fact that there are just a limited quantity of slots open and you don’t want to be arranging your session the day previously because then the times that you are free may not be totally free anymore what’s likewise really good about the platform is yes you do have those arranged sessions but outside of those sessions you have access to your therapist 24 7 so there is this chat window where you can write to your therapist whatever is on your mind something i learned is you i would actually use that chat to connect with your therapist throughout your week i was constantly the one in starting to hold my ideas and write them down a piece of paper and await my session prior to asking all my concerns however really utilize all the time that you are paying for which is also that 24 hour access to your therapist your therapist might not answer quickly but they are going to probably address within a day or 2 you wish to keep your discussion going and get the most out of what you’re spending for so i wish to sum up the pros and the cons of my experience of better help so the pros for one resembles i simply stated the 24-hour access to your therapist so you can write your therapist anytime you desire with any concern you have then what i likewise actually like is when you’re having that discussion in the chat you have things jotted down and i often like to return and to read what we spoke about you type of refresh your mind as when you’re just talking by video or voice.

Sliding Scale Charges.
Some people discover a therapist they like who doesn’t take their insurance coverage, but who will deal with them and see them on a sliding scale. Sliding-scale therapists may charge a lower cost than another psychologist who has a private practice, permitting you to bypass the deductible issue. The sliding scale provides lower rates to those with less financial versatility.
Affordable And Complimentary Centers.
Another choice for discovering affordable psychological healthcare is to find a low-cost center. Under the Affordable Care Act, some psychological health care centers are developed for people who have lower earnings (where you can pay a sliding scale cost for treatment sessions and psychological health advantages). Some universities have programs where graduate students are training in psychology under the American Psychological Association (APA) guidelines and supply affordable services under the Affordable Care Act..
FSA & HSA Insured Protection.

Another alternative to spend for therapy is a health savings account (HSA) or flexible spending account (FSA). A health savings account is a savings account that enables users to conserve cash tax-free to pay medical expenditures just. You can discover more about flexible spending at Healthcare.gov.

What Are Parity Laws? How Does It Impact What Insurance Coverage Plans Can Supply?
Psychological health parity laws don’t constantly need insurance companies to cover treatment in all circumstances. Parity laws specify that large group medical insurance covers psychological health care services and medical health care services similarly. What this indicates is that there can be no varying amounts in what your medical and mental health plans cover.
If you have questions about what your health insurance or mental medical insurance plan covers under the Affordable Care Act or MHPA, evaluate the terms laid out in your insurance coverage, or contact your insurance coverage provider directly.
Online Therapy With Qualified Therapists.

 

It may be more budget friendly than you believe if you are stressed about paying for online therapy. Public health professionals have actually increasingly seen it as a cost-saving solution that can reach a large part of the population. A recent study found online treatment not only delivers successful treatment but likewise costs substantially less than face-to-face alternatives over a year.

BetterHelp is a choice to think about for those who believe they can’t manage therapy. BetterHelp counselors can get access to your permanent medical record, permitting them to treat mental health and compound utilize conditions.

BetterHelp Treatment & Therapist Reviews. Talkspace Spac Investor Presentation
Daniel Merchant, LPC.

” I have actually constantly fought with going to visits. I don’t have to pay in Germany for mental health care, I choose to use BetterHelp since it’s easier for me to have counseling sessions and I can be in the comfort of my own house! I am really pleased with Daniel Merchant’s assistance up until now, I feel extremely comprehended, and for the very first time in my life, I do not feel like I’m incurable. If something is wrong with me [I do not get dealt with as but like] I have difficulties I face that can get solved with approaches that I am comfortable with. I can recommend it, it deserves the money!”.

Talkspace Spac Investor Presentation Now

So for example …Talkspace Spac Investor Presentation…

Not everyone is entirely encouraged that shifting mental health care online is the way forward. “You get to know not just what it’s like to talk to the individual, however how it feels to be in a space with them.

” I’ve carried out some research study into Skype counselling,” says London-based psychotherapist Dr Aaron Balick, “and it’s not the ‘functional equivalent’ of conventional counselling; it’s just not quite the exact same thing. It’s truly crucial that people who engage in it know that it’s a different experience from being in the space with someone, speaking face-to-face.”

Bbc

” In terms of accessibility, it’s a good start and definitely better than nothing. It’ll hopefully lead them to ultimately appearing in the room. However, if you’re battling with relationship concerns, attachment issues, or deeper problems, it’s much better to be in the room with somebody. Skype and the internet provides a distance from your counsellor that might not be practical.”

In cases of mild depression, the NHS is now directing some clients towards online programmes rather than in person counselling, a phenomenon that worries Dr Balick.

” My fear is that it’s taking place a growing number of for economic reasons, rather than because it’s what’s best for people. If it’s rolled out just to conserve cash and there aren’t important questions being inquired about these services, that’s bad. Then, I’m always really sceptical of individuals who are either extremely extremely pro or very very versus online psychological health care. It’s a case of asking the right questions.”

I signed up for 4 really various online mental health services– ranging in cost from complimentary to �,� 100 a month– and ran my stress and anxieties through them all, simultaneously, for a week. Here’s what I found.

Does BetterHelp use licensed therapists? Talkspace Spac Investor Presentation

What I’m doing here is evaluating my experience of using each psychological health service, instead of its efficiency – since even the most wizard-like therapist isn’t going to ‘cure’ you in just one week. I’m just comparing each service to the experience of sitting in a space and blarting on about yourself to a therapist. If you’re with me, nod. Okay, cool – let’s psychological health!

BBC

How does it work?

As seen on FB (by me, anyway), US company is the business leviathan of the e-counselling game. They claim to have 500 licensed counsellors working for them, each with a minimum of 3 years of experience.

After completing a survey to determine what particular flavour of psychological you are, you’re paired with a counsellor, who you can mercilessly switch for a different one at any time. (I got Dr. Laura Dabney, from Virginia). You then kick off an instantaneous messaged therapy session that both you and your counsellor can drop in and out of, and which could, in theory, go on and on up until one of you ultimately died.

What does it cost?

You get a free seven-day trial – just like a free Netflix or Amazon Prime trial, except with method more questions about what your childhood resembled. After that, it costs from �,� 24.50 a week for limitless message-based counselling and one ‘complimentary’ phone session with your counsellor per month. Yeah, I don’t get how it’s free either, but whatever.

How much is BetterHelp monthly?

Filtering that through immediate messaging might be useful if you discover the concept of baring your soul to a stranger a bit awks. You will not get the very same connection just like face-to-face counselling, but the semi-anonymity may make it much easier to open up if you have actually been consuming two bottles of rum and dancing around in your dead nan’s bridal gown every night.

She initially established the scale of my stress and anxiety, what activates it– social situations, meeting individuals for the very first time– and after that dived headlong into my fractious youth (separated moms and dads, strained familial relationships, bullied in junior school). She was pretty nosey tbh, however then that’s her job, isn’t it?

In general, the service is remarkably slick. The conversation can be a little stop-starty at times, however it was really a far smoother and more on-tap experience than I expected. I even got rapid actions to messages over the weekend, which was unforeseen.

Talkspace vs Betterhelp

The truth you can modify messages prior to sending them means you’re not likely to blurt out something revealing and unguarded in the heat of the minute. So extensive moments of realisation might be hard to come by if you can’t get an unwinded circulation going.

Who do I think it might it be good for?

Anyone with a low-end mental health issue who’s cool with getting counselled in a very internet-y, 2016-y method. If you’re living under the blackest, bleakest cloud you can possibly imagine and require severe attention (and possibly some meds), probably isn’t for you Talkspace Spac Investor Presentation