Fed Rate Cuts Contribute to Increasingly Sunny Outlook for Behavioral Health
Behavioral Health Business September 26, 2024
Behavioral health has had a series of small but laudable wins in the last few weeks.
The Biden administration finalized new parity rules. Drug overdose deaths are on the decline. The Federal Reserve cut interest rates. And Fed observers are predicting additional rate cuts, too.
Be still my nerdy behavioral health industry-observer heart: That’s quite the slate of good news.
As I stave off the “well, what bad thing is coming now?” thoughts for a few minutes, I can’t help but dwell on the rate cut news. In the few years into the post-COVID era, we’ve seen interest rates get added to the list of things to happen that were historic. In particular, the Federal Reserve has raised interest rates...