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Should Health Benefits Cover Psychedelic Drugs?

Should Health Benefits Cover Psychedelic Drugs?

Here’s The Scoop

In the rapidly evolving landscape of employee benefits, a striking development is emerging: companies are beginning to offer psychedelic-assisted therapy to address mental health issues.

This trend is driven by an increasing recognition of the potential benefits that substances like ketamine, MDMA, and psilocybin may offer for conditions such as depression, anxiety, PTSD, and substance abuse.

Founders like Jorge Yant of Plexis Healthcare Systems endorse these therapies, not just from personal experience but also from a practical business perspective, suggesting that such innovative approaches could lead to lower healthcare costs and a more productive workforce.

With Oregon legalizing psilocybin for supervised use and the potential FDA approval of MDMA, we are witnessing a shift toward more mainstream acceptance of these treatments. The move by companies like Plexis Healthcare to cover such therapies through providers like Enthea is a testament to the changing attitudes towards mental health care in the corporate world.

This emerging trend raises significant questions about the future of healthcare and employer responsibilities. Are these companies pioneers in mental health care, potentially setting a new standard for benefits? Or do these decisions complicate the traditional views on employer-provided health benefits?

What do you think? Let us know by participating in our poll, or join the discussion in the comment section below!


1 Comment

1 Comment

  1. Jerry C.

    April 16, 2024 at 3:42 am

    Experimental results are promising but until the testing is over, the data collated, and results support them as an effective treatment more often than not, warranting approval by the FDA, (and, please, conspiracy wackadoos keep your unfounded opinions about the FDA to yourselves!) no, insurance should not cover them.

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