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The rule requires insurers cover mental health conditions on the same level as other care. Pressmaster / Shutterstock.com
Health insurance companies will be held to higher standards in providing mental health care under a new federal rule finalized Monday. The new rule aims to lower costs and improve access to providers who offer care related to mental health and substance use. It revitalizes a 2008 law, the Mental Health Parity and Addiction Equity Act, which was designed to ensure that health insurance coverage…
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