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Crackpot scheme. (Correction, Please!).(costs of mental health insurance parity)(Brief Article)

The New American

| June 17, 2002 | Hoar, William P. | COPYRIGHT 2002 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ITEM: Saying "mental health insurance parity is long overdue," the Tallahassee Times-Democratfor May 2nd accused the insurance industry of perpetuating "second-class treatment for people suffering from mental disorders." Sure, the Florida paper admitted, "mental health parity would cost more." But it dismissed one estimate of $23 billion in additional annual costs: "Employers and employees would recoup at least that much, probably much more, as affordable mental health coverage significantly reduces lost work time."

CORRECTION: It's preposterous to contend that greater expenses will be an economic blessing. If that were the case, employers would repeatedly demand more federal mandates. Extra coverage means extra costs. In 1965, there were but six national health-care mandates, while there are now more than 1,000.

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