The 2008 Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act will go into effect on January 1st of 2010, about five months from now.
This law mandates that health insurance companies cover physical and mental health treatment equally. That is, if the company already provides treatment for symptoms of psychiatric illnesses.
Obviously, this change in the law could be very good for those of us with health insurance who deal with trauma-related symptoms of mental illness.
For more detailed information on how the new law could affect your health insurance coverage, visit the American Psychological Association's help page on the issue.
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