Bail Out Bill Covers Mental Health Medical Bills

October 6th, 2008 by Reed Allmand

Share on TwitterSubmit to redditShare via email

Buried deep within the novel length Bail Out bill passed last week, is a provision known as the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 requiring employers to equally cover mental health costs in their health coverage plans. The provision states that financial requirements and treatment limitations for mental health care, if covered, cannot be any more restrictive than those put on the group plan’s other medical and surgical benefits. What that could mean is that employees suffering from mental health issues would be able to continue coverage as they visit mental health professionals until they are deemed healthy. Currently many mental health plans limit the number of visits to mental health professionals.

Many critics of the provision fear that the new law will scare employers and prompt them to end any existing mental health coverage they offer employees because of the additional costs associated with extending that coverage. Already, health care costs in the Dallas area have increased 8.1 percent this year, up from 6.6 percent in 2007, according the Dallas Morning News.

Share on TwitterSubmit to redditShare via email
avatar

About Reed Allmand

Website

Allmand's vision is rooted in his own financially precarious childhood in Abilene "My father always had difficulty holding a job and supporting our family, so after my parents divorced when I was 12, my sister and I got jobs to help make ends meet," he recalls. "I remember what it felt like as a child to worry that our car would be repossessed or home foreclosed on."

View all posts by Reed Allmand

Subscribe

Subscribe to our e-mail newsletter to receive updates.

Leave a Reply

FAQ

Why do I need to submit a new wage order when I modify my plan

When we modify your bankruptcy plan we are changing your plan payments. This means that we have to get with your employer and change the terms and amount of your wage order. The only way we can do that is by filling out a new wage order form.  

Learn More
What happens if the stay terminates on my home?

If the bankruptcy stay terminates on your home that means that even though your in bankruptcy, your creditor can pursue all there legal remedies they can pursue if you were not in bankruptcy. This includes foreclosure, and having your house sold and evicting you from your house.

Learn More

Find Location

map
  • Dallas Bankruptcy

    5646 Milton Street, Ste. 120 Dallas, Texas 75206
  • Fort Worth Bankruptcy

    5601 Bridge Street # 300 Ft Worth, TX 76112

Meet Our Clients