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The American Psychiatric Association has endorsed the recently announced Mental Health Parity Compliance Act, a proposed bipartisan bill which would be beneficial to both psychiatrists and their patients.
The Mental Health Parity Compliance Act would enhance the transparency with which health insurance companies operate when it comes to the coverage of mental health plans. The APA notes that there is a lack of oversight in ensuring that patients with mental illnesses receive fair health plan coverage under the federal parity law.
According to Bruce Schwartz, M.D, the president of the APA, insurers have not been providing adequate health plan coverage that the patients dealing with mental illness deserve for a long time. He believes that the proposed bill will be integral in eliminating this disparity and encourages the Senate and the House to pass the bill soon.
