Health insurers have typically covered people for physical ailments only over the years. This is likely to be because they’re easier to see and understand. If I have broken my arm, for example, it can be viewed easily, and health insurers can cover the cost of the treatment.
Nevertheless, there is an increasing demand for health insurers to cover for mental health issues. This is probably due, in part, to the fact that mental health issues are becoming more prevalent within society. However, it is also likely to come down to the fact that society in general is becoming more open to talking about mental health issues and the need to address them.
Does health insurance cover mental health issues?
The answer to this is that it depends on the insurance provider, but larger companies are certainly starting to add mental health coverage to their policies. The important thing to think about when applying for health insurance going forward is whether you’re covered in this regard and to check for specific conditions within the terms.
Bupa, for example, state that they take mental health issues seriously. As such, they claim to cover for a wide range of conditions including stress, anxiety, PTSD, eating disorders, OCD, postnatal depression, and many more.
How can health insurance help your mental health?
Even if you’re not struggling with mental health issues now, it’s good to know that you’ll be covered in the future. If you were travelling abroad, for example, you’d feel much better knowing that you’d be taken care of if you happened to break your leg. The same thing can be applied to mental health coverage. Planning for the worst possible outcome can give you peace of mind that you’ll be treated fairly if you ever need to make a claim.
Important things to remember about health insurance and mental health
Although any kind of mental health cover will be an advantage, it’s important to make sure that you’re covered for a lot of different conditions. Further to this, if you’re already suffering from mental health issues then it’s worth checking that you’re covered for existing conditions as well as new ones.
It’s important to know the ins-and-outs of a policy you’re buying into. If your health insurance is provided by your employer, then it’s worth checking the terms of coverage carefully. There are also insurance deductibles to consider as well as parity laws, and for this kind of information then you should take a look at the content from BetterHelp who are experts in these matters. They also provide a network of licenced counsellors to choose from if you’re interested in online therapy which is often much cheaper than face-to-face alternatives.
Although there may be some small print to read and important choices to be made, it’s clear that being covered for mental health issues by your insurance provider will lead to peace of mind that you’ll be in the best hands possible if you ever require treatment. Thankfully, many providers are also starting to realise this and including these conditions within their policies.