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ARTICLE · 14 OCTOBER 2024

Benefits Counselor - October 2024

On September 9, 2024, the U.S. Departments of Labor (DOL), Health and Human Services and the Treasury (collectively, the Departments) issued the highly anticipated Final Rule...

United StatesEmployment and HR

HEALTH AND WELFARE PLAN UPDATES

U.S. Departments Release Final Mental Health Parity Rule

On September 9, 2024, the U.S. Departments of Labor (DOL), Health and Human Services and the Treasury (collectively, the Departments) issued the highly anticipated Final Rule implementing the non-quantitative treatment limit requirements of the Mental Health Parity and Addiction Equity Act. The Final Rule largely mirrors the Proposed Rule that the Departments' released in August 2023, but it includes some modifications. The Final Rule is generally effective for plan years beginning on or after January 1, 2025. However, certain provisions are effective for plan years beginning on or after January 1, 2026. For additional details regarding the Final Rule and what it means for plan sponsors, see our alert.

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