Bulletin Announces Annual Adjustment for Maximum Behavioral Therapy Benefit
On August 31, 2021, the Department of Insurance issued Bulletin No. 2021-07 to announce the indexed increase in the annual maximum benefit for behavioral therapy coverage. The bulletin was directed at HMOs and carriers writing insurance in the state.
State law requires that an annual adjustment of the maximum benefit for behavioral therapy coverage be made to reflect any change from the previous year in the Consumer Price Index. Accordingly, the department determined that the maximum benefit for coverage for behavioral therapy shall be increased to $62,100 for the calendar year beginning January 1, 2022.
Although the guidance is directed at insurers, employers that sponsor group health plans may also want to be aware of this announcement.
Bulletin No. 2021-07 »