Quote:
Originally Posted by likelife
And technically, Ts aren't supposed to accept a copay that is less than what the client is "supposed" to pay (according to insurance), because they have contracted with the insurance company for a particular rate that includes whatever the client's portion is.
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This is also for income tax purposes. T has to pay income tax on what she earns according to the insurance company (including your designated copay) regardless of whether or not she actually receives that amount from you. I highly doubt the IRS or the insurance company is going to follow up on any of this (they have bigger fish to fry) but, technically, accepting less from you is illegal (unless renogtiated with the insurance company).
It's also worth noting that just because T earns $125/hr does not mean she takes home that amount. She has to pay rent for office space, pay for utilities for her office, pay someone to do her billing, etc. That stuff adds up to more than you think! I'd be surprised if, after business expenses, she took home more than $40/hr.