Mental Health Parity
Congress Mandates Mental Health Parity in Insurance Coverage
Amidst the throes of the financial bailout, Congress has approved legislation requiring insurers and employers to cover mental illness, including alcohol and drug addiction, at levels on par with physical illness. For example, the bill requires parity in deductibles, co-pays, and out-of-pocket expenses, and it will eliminate limits insurers commonly impose for mental illness, such as 30 visits or 30 days in hospital, in the absence… Read More »
