Talkspace Investor Presentation 2022

so to start with what is better help so it’s this online therapy platform….Talkspace Investor Presentation… you can call it where you have your therapy session online and you’re automatically matched with your therapist and talk through this platform so i have actually been utilizing better help now for more than a month i believe almost one and a half months but let’s return why did i even how did i even come to wishing to check out better help so i have actually always been the person who believed treatment is something that everyone and anyone can truly gain from i do not think there’s a bachelor out there with no issues but i constantly visualize myself as somebody who is going to get therapy eventually in my life just because i believe it is so useful however just not now when i have the money due to the fact that treatment is quite pricey given that the start of this year so since 2021 a lot has changed in my life i moved from living alone or living with my boyfriend back to coping with my moms and dads

i altered from having all the free time in the world to do what i love to having a full-time internship and devoting all my time to this internship that ended up not to be as satisfying as i hoped and believed it would be so i felt type of disappointed with the place that i am in today in life and i felt like i sort of lost my method lost my sense of purpose i lost my direction kind of and i required i seemed like i needed assistance i felt like i needed somebody who is not going to judge me somebody who is going to understand me help me make sense of what’s going on in my mind due to the fact that all of us understand when we talk with our partners our parents our good friends they all have their type of predisposition vision that they’re going to predict onto you they’re going to have hopes and expectations that they might forecast onto you and i actually wanted somebody who is there for me and is going to be very neutral and simply

assist me find out my self and my thoughts now i picked online treatment specifically due to the fact that i didn’t think i had substantial problems or illnesses like anxiety for instance so that meant that i would have to pay for therapy myself for most medical insurance coverages here in germany they’re just going to cover your therapy expenses if you have anxiety or an eating disorder simply something more severe but me just sort of being disappointed with things they’re not going to spend for that so i decided to go the online therapy path due to the fact that i thought that would be um more cost effective and i also like the reality that it would be quite discreet i could simply start going to therapy without people noticing i’m leaving your house asking where i’m going it can just be me in my room likewise what i like about online treatment is that you conserve that time where you need to take a trip to a physician’s hot office and after that travel back and the process of preparing yourself and personally i constantly ask somebody that wished to have treatment in english i reside in germany if i were to find somebody a in-person therapist she or he would probably do the entire session in german and i’m someone that not always thinks in english however when i journal and when it’s more about feelings and more deep things i prefer to do that in english i likewise even compared different online treatment services or platforms just by looking at evaluations 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 searching for something that’s inexpensive a platform where i could do video therapy so i picked betterhelp now when you get going you begin by filling out this quiz and they ask you a lot of various things like have you ever been to treatment do you prefer perhaps a spiritual based therapist or do you

choose a male or a lady as a therapist have you had any trauma what kind of therapy do you choose so a therapist that is maybe more um going to be telling you the hard truth or someone who’s going to be more understanding and i really like that about um better help i was favorably shocked by this questionnaire i seemed like they were truly considering me and what i like and what i don’t like then when they have actually sort of made an evaluation 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 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 financial situation that i’m presently making base pay and taking a look at parents and things like that and they were really comprehending and they offered me i believe 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 very able to pay for therapy so they do give marked down rates to individuals who require it now based on all the important things that are filled out with the test they quite quickly i believe 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 ensured to set up a consultation with my therapist a visit i suggest like a session where we both Talkspace Investor Presentation

be concentrated on communicating to each other they have various choices they do a voice call therapy session a video call treatment session or simply a chat treatment session so you can really select what you desire as i stated i personally actually desired the video conference treatment even if i believe it is very important to see the person see their expressions now in the beginning i had it was actually tough and it also took a mental toll on me because i was currently in that unfavorable space there was a problem with the time difference 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 but the time zone didn’t compare so there was a great deal of misunderstanding 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 huge complicated mess in the beginning i felt actually stressed out much more than i should be i believe better help has arranged that out now since i don’t have that problem anymore so i scheduled my first house and when the time of the appointment happened i was truly nervous i set myself up i made certain to be in a space where i can be myself i ensured to prepare myself mentally prior to going to treatment i did that by sitting with myself half an hour before therapy simply journaling out my thoughts what i want to state and likewise again after treatment journaling out what we discussed so when the time came i was ready you’re supposed to be online on the platform and await 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 just didn’t reveal which again was such a frustration and it wasn’t excellent mentally so i was so ecstatic for this so worried for this it was a financial dedication and after that my therapist didn’t show my therapist ended up showing up half an hour later however discussed that it was better help’s fault once again with the time difference being identified incorrectly and inaccurate put improperly into her schedule the being late aside the very first session went truly really fantastic sort of start to learn more about your therapist to see if it’s even an excellent fit if you seem like you’re not getting in touch with your therapist you’re just not a good fit you can you have the alternative to change therapists on better health they will match you with a different one you can alter as lots of therapists as you want however i felt like i really gotten in touch with my therapist and

Does BetterHelp take HSA? Talkspace Investor Presentation

i’m still with that very same therapist and right within the first session my biggest concern as to my direction in life and what i want and that got the answer really quickly my therapist essentially made me understand that the answer i’ve been looking for was always there within me i’ve just been too frightened to admit that that is my response because of a lot of factors expectations of others expectations myself but i remember coming out from that treatment session being actually not mind-blown however how do you call it like horses have those blinders like those have been raised i resembled wow alright this makes so much sense and i invested the following week actually reflective and considering what my therapist told 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 is no more concerns with the time difference i had a lot of sessions where i truly came out feeling truly good feeling truly efficient and my therapist likewise had a few questions for me that i got to think of throughout the week which i personally actually liked i’m more a reflective person and she asked me some actually tough concerns that are actually crucial though even though i have actually just been to treatment like one and a half months i truly seem like it’s truly helped me

i did have some sessions though where i felt a little frustrated afterwards i felt like it wasn’t really going the method i anticipated it however that was simply me forecasting my expectations on my treatment sessions i mean it’s not always going to go ideal and terrific in some cases you’re just not going to have that much to discuss and that’s fine also however in general i’m actually happy with my therapist and the way that she handles these sessions with me and the direction that we’re going down and currently i’m still doing better help i’m still doing therapy i in fact have a session tomorrow i’m actually thrilled about i do have a couple of suggestions if you decide to go on and experiment with better help is that for one i would say to be fast with scheduling your sessions since there are just a restricted amount of slots open and you don’t wish to be scheduling your session the day previously because then the times that you are totally free might not be free any longer what’s likewise really good about the platform is yes you do have actually those set up sessions but 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 found out is you i would really make use of that chat to get in touch with your therapist throughout your week i was always the one in beginning to hold my ideas and compose them down a notepad and wait on my session prior to asking all my concerns but actually utilize all the time that you are spending for which is likewise that 24 hour access to your therapist your therapist might not respond to immediately but they are going to probably answer within a day or more you want 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 just said the 24-hour access to your therapist so you can write your therapist anytime you desire with any question you have then what i likewise actually like is when you’re having that discussion in the chat you have actually things jotted down and i often like to return and to read what we discussed you type of refresh your mind as when you’re only talking by video or voice.

Moving Scale Charges.
Some individuals find a therapist they like who doesn’t take their insurance, but who will work with them and see them on a sliding scale. Sliding-scale therapists may charge a lower charge than another psychologist who has a private practice, allowing you to bypass the deductible issue. The sliding scale offers lower rates to those with less monetary flexibility.
Inexpensive And Totally Free Clinics.
Another option for finding economical psychological healthcare is to find a low-cost center. Under the Affordable Care Act, some psychological healthcare centers are developed for individuals who have lower earnings (where you can pay a moving scale fee for therapy sessions and mental health advantages). Some universities have programs where graduate students are training in psychology under the American Psychological Association (APA) standards and provide affordable services under the Affordable Care Act..
FSA & HSA Insured Protection.

Another alternative to pay for treatment is a health savings account (HSA) or flexible spending account (FSA). A health savings account is a savings account that enables users to save cash tax-free to pay medical costs just. You can find out more about flexible spending at Healthcare.gov.

What Are Parity Laws? How Does It Impact What Insurance Plans Can Offer?
Psychological health parity laws do not always require insurance provider to cover therapy in all situations. Parity laws specify that big group medical insurance covers mental health care services and medical health care services equally. What this means is that there can be no varying quantities in what your medical and psychological health insurance cover.
If you have concerns about what your medical insurance or psychological health insurance plan covers under the Affordable Care Act or MHPA, evaluate the terms described in your insurance coverage, or call your insurance company straight.
Online Therapy With Certified Therapists.

 

It might be more affordable than you think if you are stressed about paying for online therapy. Public health experts have actually progressively seen it as a cost-saving solution that can reach a large part of the population. A recent research study discovered online treatment not just delivers effective treatment however likewise costs substantially less than face-to-face alternatives over a year.

BetterHelp is an alternative to think about for those who think they can’t manage treatment. BetterHelp therapists can receive access to your long-term medical record, allowing them to treat psychological health and substance use disorders.

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

” I’ve constantly struggled with going to visits. I don’t have to pay in Germany for psychological health care, I select to utilize BetterHelp since it’s simpler for me to have therapy sessions and I can be in the convenience of my own home! I am very delighted with Daniel Merchant’s help so far, I feel extremely understood, and for the very first time in my life, I do not feel like I’m incurable.