BC's Medical Services Plan covers some services at Magnetic Potential, but not all. Here's what you need to know before your first appointment.
Covered by MSP
Initial Consultation
Your first appointment with our clinician is a covered MSP service. This consultation helps determine whether TMS therapy is appropriate for your situation.
No cost to BC residents with valid MSP coverage
Includes clinical assessment and treatment discussion
Referral from your family doctor is not required but may be helpful
Not Covered by MSP
TMS Treatment Sessions
TMS therapy sessions are not covered under BC's Medical Services Plan. Treatment costs are paid out of pocket, through extended health benefits, or through financing.
This is standard across private TMS clinics in BC
Extended health benefits and special programs may help (see below)
Flexible financing is available through our partner Beautifi
Special Programs
Extended Health Benefits That May Cover TMS
Several government programs and special extended health plans may cover TMS treatment. Contact your plan provider directly to confirm your eligibility and coverage details.
Veterans Affairs Canada (VAC)
Canadian veterans may be eligible for TMS coverage through Veterans Affairs Canada, depending on their service-related condition and approved treatment plan.
Contact VAC directly to confirm eligibility
Pre-authorization is typically required before starting treatment
Phone: 1-866-522-2122
WorkSafeBC
Workers with a mental health condition arising from a workplace injury or incident may be eligible for TMS coverage through WorkSafeBC.
Coverage depends on your approved claim and diagnosis
Speak with your WorkSafeBC case manager to explore options
Phone: 1-888-967-5377
Interim Federal Health Program (IFHP)
The IFHP provides health coverage for eligible newcomers to Canada, including refugees and refugee claimants. TMS may be covered under certain benefit categories.
Coverage depends on your IFHP benefit category
Administered through Medavie Blue Cross
Contact IRCC or your settlement worker for guidance
First Responders Programs
Police officers, firefighters, paramedics, and other first responders may have access to extended mental health benefits that cover TMS therapy through their employer group plan or union benefits.
Check with your HR department or union benefits coordinator
Some programs may require pre-authorization or a referral
We can provide documentation to support your claim
Not sure if you're covered? We're happy to help you figure it out. Contact us and we can help you understand your options before you book.
Payment Plans
0% Interest Financing Through Beautifi
We've partnered with Beautifi to offer flexible monthly payment plans for TMS treatment. Apply online in under 3 minutes and get an instant decision - no impact to your credit score.
No impact to your credit score to apply
No money down required
100% online, instant approval decision
No prepayment penalties
No obligation to accept a loan offer
$1,000 - $50,000+ in available financing
6-Month Plan
0% Interest
Available to qualified applicants
0% interest for the full 6 months
No monthly fees for loans up to $5,000
No monthly fees for loans over $5,000
Fixed monthly payments that fit your budget
No prepayment fees - pay it off early anytime
Best for patients who want to pay off treatment quickly with zero cost of borrowing.
12-Month Plan
0% Interest
Available to qualified applicants
0% interest for the full 12 months
$6.99/month fee for loans up to $5,000
3% fee for loans over $5,000
Fixed monthly payments that fit your budget
No prepayment fees - pay it off early anytime
Best for patients who want lower monthly payments spread over a full year.
How It Works
1
Apply Online
Instant approval decisions from the comfort of your home. The application takes under 3 minutes and won't affect your credit score.
2
Get Approved
A Beautifi specialist will contact you to discuss your loan details and create a custom plan that suits your budget.
3
Start Treatment
You're all set. Beautifi manages the payment with us directly so you can focus on your healing.
Takes under 3 minutes. No impact to your credit score.
Estimate Your Monthly Payments
Use the calculator below to find a payment plan that works for your budget.
This calculator is for estimation purposes only and is not a loan offer or approval. Actual rates, fees, and payment amounts will be determined by Beautifi based on your application and credit profile.
Ready to Take the Next Step?
Book a free consultation to learn whether TMS is right for you, and we'll help you figure out your coverage and financing options together.
