The answer to whether your insurance will cover the cost of hyperbaric oxygen therapy (HBOT) depends on your insurance coverage and the type of HBOT you seek. Generally, most insurance companies will cover HBOT provided it is medically necessary and prescribed by a healthcare provider. Additionally, your insurance coverage may vary depending on the type of HBOT you seek. For example, some insurance policies may cover the cost of HBOT for a specific medical condition, while others may not.