Health insurance companies have invested millions of dollars in behavioral health programs and technologies recently.
Here are five recent moves:
1. CVS Health was ranked No. 11 on Fortune's Change the World list for its efforts to reduce suicide attempts among Aetna members. "Aetna has seen an 18 percent decrease in suicide attempts since 2019 among its 16.3 million adult members with behavioral health coverage — a promising start," the magazine wrote in its profile of CVS.
2. SCAN Health Plan is launching the nation's first Medicare Advantage plan designed specifically for LGBTQ seniors through a partnership with Included Health, an integrated virtual care and navigation platform.
The plan is set to launch in California's Los Angeles and Riverside counties
3. Aetna, Optum and Cigna were among the backers of digital youth mental health provider Hopscotch, which announced it had raised $8 million in seed funding Sept. 13.
4. Molina Healthcare of California is expanding its partnership with Healthcare in Action to San Diego County. The street-based medical group offers care to unhoused people and started providing care in partnership with Molina in Los Angeles County earlier this year.
5. Molina Healthcare of New Mexico is partnering with Tucson, Ariz.-based Pyx Health to offer behavioral health services centered around isolation support for Medicare members.
6. UnitedHealth Group has expanded its behavioral health network by 25 percent "over the last couple of years," COO Dirk McMahon told investors Oct. 14.