Health Is Wealth: 7 Don’ts in a Down Economy

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Charles Noe on Oct 23, 2008 at 12:06PM

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Health Is Wealth: 7 Don’ts in a Down Economy

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Don’t Skip Therapy or Avoid Counseling



Do reach out for help

The stress caused by a sour economy increases the need for mental health services. Yet many patients cut back during hard times, when they're most vulnerable.

Instead, explore your options. Try negotiating a reduced fee with your therapist or get a referral, or schedule a shorter session if necessary. Check out a list of mental health resources, complete with hotlines, and look for tips on finding a therapist.

By the way, if the massive bailout of Wall Street firms made your blood boil and teeth gnash, here's one thing you can take comfort in: The legislation included a long-sought requirement for many health insurers to cover mental illnesses like other diseases. This means, for example, that if they charge a $15 co-pay for an visit to your heart doctor, they can't charge more than a $15 co-pay for a visit to your therapist for a disorder covered by the plan.

Good timing, pols.

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