Opinion: Mental health and addiction care are poorly covered by insurance networks
When it comes to enforcing parity for mental health and addiction care, why aren't regulators demanding to see proof of compliance? And where are the employers who purchase health plans…
More than 70,000 Americans died of overdoses in 2017, yet insurers spent only 1% of their total health care dollars on treatment for substance use disorders — a decrease from two years earlier.
This alarming statistic is just one of many in a new report released by Milliman, an independent actuarial firm. The report confirms that insurers have failed to adequately cover lifesaving care even as U.S. life expectancy declined over the past three years, primarily due to overdoses and suicides.
Milliman researchers analyzed five years of insurer claims data from 2013 to 2017 covering
