Forging their own path, some employers are providing mental health parity in their employee benefits plans without it being required by law, while legislators in Congress and statehouses continue to debate mental health parity bills. What's more, companies are finding that parity improves productivity and retention.
Anadarko Petroleum Corp., a Houston-based oil exploration and production company, has provided mental health parity for years - meaning that the mental health coverage is equivalent to the medical coverage when it comes to visit limits, deductibles, copayments, lifetime benefit limits and annual benefit limits.
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