Travelers Offers New Behavioral Health Program

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Travelers is offering a new program designed to cut mental health and chemical dependency claims by 40%. The new program Psychiatric Systems Initiative (PSI), allows health benefit plan purchasers to guarantee their rates up to three years in advance. PSI’s recommended benefit plan design seeks parity in inpatient and outpatient behavioral health benefits. Along with this benefit parity, PSI has a management system that includes a behavioral health preadmission certification using a 24-hour, toll-free number, concurrent review throughout treatment, hospital discharge planning, and quality assurance . . .