Biden Administration Proposes New Rules to Ensure Mental Health Parity in Insurance Coverage

The Biden administration announced a new rule to strengthen enforcement of the Mental Health Parity and Addiction Equity Act.
The proposed rule aims to increase access to in-network mental health care and prevent insurers from imposing greater restrictions on mental health benefits.
Insurance providers would be required to analyze coverage data, address inadequacies, and demonstrate compliance with parity standards.
The rule intends to eliminate loopholes and disparities in coverage between physical and mental health care.
After a 60-day public comment period, the regulation will take effect to make mental health care more affordable and accessible for Americans.