The North Carolina health insurance mental health parity law took effect 2/16/2010. This law requires insurance carriers to provide coverage for mental conditions. The coverage must be equivalent to the same amount for physical ailments.
North Carolina health insurance carriers must cover mental health conditions like depression, bipolar disorder, paranoia, schizophrenia, anorexia, and obsessive compulsive disorders. This new law will most likely cause an increase in North Carolina health insurance rates. However, other states that have implemented this law reported no health premium increases.