The deadline is July 1, 2010 but many companies are still struggling to understand compliance. As a provider of employee assistance program (EAP) and managed behavioral health (MBH) services, Perspectives Ltd is in a unique position to help employees before they tap into a businesses’ mental health benefit. That can really cut costs for an [...]
Continue reading about Are You Ready for Mental Health Parity?
Fun Fact: The Chicagoland Chamber’s EAP costs less than a typical Type A manager spends on daily lattes in a year. That’s according to Monday’s OpEd in Crain’s Chicago Business by Jerry Roper, the Chamber’s president & CEO. His piece titled, “Wellstone-Domenici parity act offers opportunities for employers to retain talent,” talks about the pending [...]
As most benefits managers know, the Mental Health Parity and Addiction Equity Act of 2008 (commonly referred to as the Mental Health Parity Act) takes effect during annual insurance plan renewals that begin after Jan. 1, 2010. As a result, businesses are struggling with some difficult questions. Here are some of the questions that businesses [...]
Continue reading about Mental Health Parity Facts: Why EAP May Save You More Than Ever Before
Yesterday was a great day at SHRM. First of all, New Orleans is a great city and it is great to feel a part of contributing to the re-building of the city by being at this conference and giving money to the local economy. The food is great and the people are too. Just a [...]
C-suite executives already wince every time they hear the words “health care.” Now, the Mental Health Parity and Addiction Equity Act of 2008 is adding to CEO fears of escalating mental health expenditures as the cost of benefits rise in tandem with coverage mandates.But, there is a way to alleviate that fear and manage costs [...]
Continue reading about Strategic Use of EAPs Can Significantly Reduce Mental Health Parity Costs
Recent Comments