April 28, 2022
  • According to a new report from Moody’s Investors Service, insurers have a significant opportunity to drive mental and behavioral health costs down. The report notes that private insurance accounts for 27.7 percent of emergency department visits across the five most costly behavioral health conditions. “The steady rise in behavioral health diagnoses, and the corresponding increase in medical costs, underscores US health insurers’ need to augment and improve the integration of behavioral health services within the full range of their offerings,” the analysts said. “Those companies that are successfully able to manage behavioral health, and contain medical costs, can also reduce the likelihood that the industry will face political solutions to address this problem.” (Article here)