Talk Space Spac Investor Presentation 2022

First of all what is better help so it’s this online treatment platform you can call it where you have your treatment session online and you’re automatically matched with your therapist and talk through this platform so i’ve been using 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 wanting to try out better help so i have actually constantly been the person who thought treatment is something that everybody and anyone can really benefit from i don’t believe there’s a single person out there without any problems however i always visualize myself as somebody who is going to get therapy at some point in my life just due to the fact that i think it is so helpful but simply not now when i have the cash due to the fact that treatment is pretty expensive given that the beginning of this year so since 2021 a lot has actually changed in my life i moved from living alone or living with my boyfriend back to living with my moms and dads

i changed from having all the spare time worldwide to do what i love to having a full-time internship and committing all my time to this internship that turned out not to be as satisfying as i hoped and believed it would be so i felt kind of dissatisfied with the location that i am in today in life and i seemed like i sort of lost my method lost my sense of function i lost my direction kind of and i required i seemed like i needed help i seemed like i needed somebody who is not going to evaluate me somebody who is going to understand me help me make sense of what’s going on in my mind because all of us know when we speak to our partners our parents our friends they all have their type of bias vision that they’re going to project onto you they’re going to have hopes and expectations that they may forecast onto you and i truly desired someone who is there for me and is going to be really neutral and just

assist me determine my self and my thoughts now i picked online therapy specifically since i didn’t think i had huge issues or illnesses like depression for instance so that meant that i would need to pay for treatment myself for most medical insurances here in germany they’re just going to cover your treatment costs if you have anxiety or an eating disorder just something more serious but me just sort of being disappointed with things they’re not going to pay for that so i decided to go the online treatment route due to the fact that i believed that would be um more affordable and i likewise like the fact that it would be quite discreet i could simply begin going to therapy without people seeing 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 conserve that time where you need to travel to a doctor’s hot workplace and after that take a trip back and the process of preparing yourself and personally i constantly ask somebody that wanted to have therapy in english i live in germany if i were to discover somebody a in-person therapist she or he would probably do the entire session in german and i’m someone that not always 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 also even compared different online therapy services or platforms simply by looking at reviews what they provide what they don’t use and from what i saw compared to what my requirements are i felt like betterhelp was the best fit i was trying to find something that’s budget-friendly a platform where i could do video therapy so i chose betterhelp now when you start you begin by submitting this quiz and they ask you a lot of various things like have you ever been to therapy do you prefer possibly a religious 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 possibly more um going to be informing you the hard truth or someone who’s going to be more understanding and i truly like that about um better help i was favorably amazed by this survey i seemed like they were actually considering me and what i like and what i don’t like then when they’ve kind of made an assessment they ask you to sign up and to pay before you in fact begin so that was a point where i then be reluctant and realize all right this is going to cost me 200 a month and that was a little much however i emailed better help and told them about my monetary scenario that i’m currently earning base pay and taking a look at parents and things like that and they were really understanding and they provided me i think like a 10 or 15 percent discount that is another plus point without help that they think about the reality that you might not be financially really able to manage therapy so they do provide marked down rates to individuals who require it now based on all the things that are completed with the test they pretty quickly i believe within like an hour approximately paired me with a therapist however they do state 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 an appointment i mean like a session where we both Talk Space Spac Investor Presentation

be concentrated on communicating to each other they have different alternatives they do a voice call treatment session a video call therapy session or just a chat therapy session so you can actually select what you desire as i said i personally actually wanted the video conference treatment just because i believe it is essential to see the individual see their expressions now in the beginning i had it was really difficult and it also took a mental toll on me since i was currently because unfavorable space there was an issue with the time distinction so my therapist is in the united states and with the time different time difference better help also i think got my time zone wrong or my therapist time zone wrong i’m not sure 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 complicated mess in the beginning i felt actually stressed a lot more than i must be i think better help has arranged that out now due to the fact that i do not have that problem anymore so i scheduled my first house and when the time of the visit happened i was really nervous i set myself up i ensured to be in a room where i can be myself i ensured to prepare myself mentally before going to treatment i did that by sitting with myself half an hour before treatment simply journaling out my ideas what i wish to state and likewise again after therapy journaling out what we talked about 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 reveal which once again was such a disappointment and it wasn’t fantastic psychologically so i was so ecstatic for this so worried for this it was a financial commitment and then my therapist didn’t show my therapist wound up showing up half an hour later but discussed that it was better help’s fault once again with the time difference being labeled improperly and incorrect put incorrectly into her schedule the being late aside the very first session went really truly excellent kind of start to learn more about your therapist to see if it’s even a good fit if you feel like you’re not connecting with your therapist you’re just not a great fit you can you have the alternative to alter therapists on better health they will match you with a different one you can alter as numerous therapists as you want however i seemed like i truly connected with my therapist and

Does BetterHelp take HSA? Talk Space Spac Investor Presentation

i’m still with that exact same therapist and right within the first session my most significant question as to my direction in life and what i want which got answered really rapidly my therapist basically made me realize that the answer i’ve been searching for was always there within me i’ve simply been too frightened to confess that that is my answer because of a lot of factors expectations of others expectations myself however i remember coming out from that treatment session being truly not mind-blown but how do you call it like horses have those blinders like those have been raised i resembled wow all right this makes a lot sense and i spent the following week truly 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 fortunately my therapist has always been on time there disappears problems with the time distinction i had a lot of sessions where i truly came out feeling really good feeling truly productive and my therapist also had a couple of questions for me that i got to consider throughout the week which i personally really liked i’m more a reflective person and she asked me some truly hard questions that are really crucial though despite the fact that i have actually only been to therapy like one and a half months i really feel like it’s really assisted me

i did have some sessions though where i felt a little disappointed afterwards i seemed like it wasn’t actually going the method i expected it however that was just me predicting my expectations on my treatment sessions i suggest it’s not always going to go ideal and terrific sometimes you’re simply not going to have that much to discuss and that’s great also however in general i’m actually pleased with my therapist and the way that she manages these sessions with me and the direction that we’re decreasing and currently i’m still doing better help i’m still doing treatment i actually have a session tomorrow i’m actually thrilled about i do have a couple of ideas if you decide to go ahead and experiment with better help is that for one i would state to be quick with scheduling your sessions because there are only a minimal amount of slots open and you don’t wish to be arranging your session the day previously since then the times that you are free may not be free anymore what’s also actually nice about the platform is yes you do have actually those arranged sessions however beyond 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 discovered is you i would truly use that chat to connect with your therapist throughout your week i was constantly the one in starting to hold my thoughts and write them down a paper and wait on my session before asking all my concerns but actually utilize all the time that you are spending for and that is likewise that 24 hr access to your therapist your therapist might not address immediately but they are going to probably address within a day or two you wish to keep your discussion going and get the most out of what you’re spending for so i want to sum up the pros and the cons of my experience of better help so the pros for one is like i just said 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 actually things made a note of and i often like to return and to read what we discussed you type of revitalize your mind as when you’re only talking by video or voice.

Moving Scale Fees.
Some people discover a therapist they like who doesn’t take their insurance coverage, but who will work with them and see them on a moving 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 moving scale provides lower rates to those with less monetary flexibility.
Inexpensive And Totally Free Centers.
Another option for finding inexpensive mental healthcare is to find a low-cost clinic. Under the Affordable Care Act, some mental health care facilities are created for individuals who have lower earnings (where you can pay a sliding scale fee for therapy sessions and psychological health benefits). Some universities have programs where graduate students are training in psychology under the American Psychological Association (APA) standards and supply inexpensive services under the Affordable Care Act..
FSA & HSA Insured Protection.

Another alternative to pay for treatment is a health savings account (HSA) or versatile spending account (FSA). A health savings account is a savings account that permits users to conserve cash tax-free to pay medical costs ONLY. You can learn more about versatile costs at Healthcare.gov.

What Are Parity Laws? How Does It Impact What Insurance Plans Can Provide?
Mental health parity laws do not always require insurance provider to cover therapy in all circumstances. Parity laws specify that large group health insurance covers mental health care services and medical healthcare services similarly. What this indicates is that there can be no differing quantities in what your medical and psychological health plans cover.
If you have concerns about what your health insurance or psychological medical insurance plan covers under the Affordable Care Act or MHPA, review the terms outlined in your insurance coverage, or call your insurance provider directly.
Online Treatment With Certified Therapists.

 

If you are worried about paying for online therapy, it might be more cost effective than you believe. Public health specialists have actually progressively seen it as a cost-saving option that can reach a big part of the population. A current study discovered online therapy not only provides effective treatment but also costs substantially less than in person choices over a year.

BetterHelp is an alternative to consider for those who believe they can’t afford treatment. BetterHelp therapists can receive access to your long-term medical record, allowing them to deal with psychological health and substance utilize conditions.

BetterHelp Therapy & Therapist Reviews. Talk Space Spac Investor Presentation
Daniel Merchant, LPC.

” I have actually always battled with going to consultations. I do not have to pay in Germany for psychological health care, I choose to utilize BetterHelp because it’s much easier for me to have therapy sessions and I can be in the comfort of my own home! I am extremely pleased with Daniel Merchant’s aid so far, I feel really comprehended, and for the very first time in my life, I don’t feel like I’m incurable. I do not get treated as if something is wrong with me [ Like] I have difficulties I deal with that can get solved with methods that I am comfortable with. I can recommend it, it’s worth the money!”.