Australia: Health Insurer Would Provide First Psychedelics Therapy Coverage For Mental Health

The Perth-based Health Insurance Fund of Australia (HIF) could soon become the first health provider of the country to offer MDMA and psilocybin insurance, aligned with successful clinical studies involving PTSD, substance abuse and anxiety treatments, as first reported by Kellie Balaam on PerthNow.

The company’s CEO, Justin James, said the medicinal potential of psychedelics is “extraordinary” and that he wishes the Health Insurance Fund to be at the forefront of helping its insured population access psychedelics, should they get government approval. 

“I have a keen interest in what is coming …

Full story available on Benzinga.com

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