Behavioral Health Management, P.C., has recently released a whitepaper entitled ‘Mental Health Parity Preparedness,’ touting the new Mental Health Parity Bill as an opportunity for managed care as well as provider organizations. The paper is an informative overview of 2009 Mental Health Parity, the effects that it will have on behavioral health and substance abuse treatment in 2010 and beyond, as well as a look at the steps healthcare organizations can implement to prepare for the changes it will bring.
Online PR News – 05-January-2010 – – Behavioral Health Management, P.C., has recently released a whitepaper entitled ‘Mental Health Parity Preparedness,’ touting the new Mental Health Parity Bill as an opportunity for managed care as well as provider organizations. The paper is an informative overview of The Wellstone-Domenici Mental Health Parity and Addiction Equity Act, also known a bit more simply as the Mental Health Parity Act was passed as an attachment to TARP (Troubled Asset Relief Program) in October of 2008. The new federal parity law requires group health plans to cover treatment for mental illness on the same terms and conditions as all other illnesses. This new parity act provides for equity with respect to numerical limits on inpatient and outpatient services, and will also provide equity in respect to financial limitations.
The release of the BHM Parity Paper comes at a critical time as the new parity law took effect on Oct. 3, 2009. The details will be released shortly and should have both payers and providers gearing up to fully implement changes and take stock of what impact it will have on their business going into the new year. Parity will continue to be one of the most impactful issues in healthcare management well into the future.
Among things to consider in relation to parity are the ramifications which parity will cause for payers. These issues are addressed in our whitepaper which gives concrete advice on what can be done in preparation for parity change. As one BHM insider stated “it will be more important than ever to meet the goals of providing optimal care and treatment while keeping costs comparatively low.”
To view the complete BHM Mental Health Parity Whitepaper, please visit our website and signup for a free copy.