My T doesn't have a policy that I'm aware of (but is also psychoanalytic). I have not missed very many sessions over the years, but when I did have to reschedule, he didn't charge me. There may have been 1 time where I had 14 days' notice.

There were about 3 times when I had ambivalence about showing up and ended up cancelling either at the last minute or the day before. I didn't ask him about his policy but paid him for the 2 last minute cancellations. That was so I didn't have to have renumerating thoughts/anxiety about it like you are experiencing now...

I understand wanting to deter cancellations with penalties, but 14 days is ridiculous. The point of a cancellation fee is to make up for lost income, so I think billing 2 different clients for the same session is ridiculous and ethically questionable. I think it would be ok if he didn't use the slot and could do other things such as review notes, read related articles or cases, etc.

I'm curious to know if your T is solidly booked or routinely has availability. I am also curious if he gives you 14 days' notice for cancellations. What if he gets sick without 2 weeks' notice?