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What is the 2008 Federal Mental Health Parity and Addiction Equity Act?

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What is the 2008 Federal Mental Health Parity and Addiction Equity Act?

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On October 3, 2008, President Bush signed federal mental health parity/addiction equity legislation as part of the Emergency Economic Stabilization Act of 2008. The new law requires that health plans apply the same treatment (visit) and financial (cost-sharing) limits to mental health and substance abuse benefits as it does to medical and surgical benefits.

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