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Post: Companies looking to offer psychedelic drug therapy coverage for employees: report

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Companies looking to offer psychedelic drug therapy coverage for employees: report
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A growing number of companies are exploring the possibility of offering psychedelic drug therapy for their employees as a cost-saving and effective means of mental health treatment, according to a report.

Recent research has shown that well-known party-drugs like MDMA [ecstasy], psilocybin [“magic” mushrooms] and ketamine — which has been legalized for medicinal use — are useful alternatives to treating a slew of mental health issues including depression, anxiety and PTSD.

Jorge Yant, founder of Plexis Healthcare Systems, told The Wall Street Journal that he has started offering psychedelic-assisted therapy coverage to his employees through benefits startup Enthea.

“I’ve experimented with psychedelics myself, and I could see how it could be helpful to people,” Yant told the paper. Many companies are looking to offer covering psychedelic therapies for their employees. The businessman said he first began to consider covering psychedelic therapies after an anonymous summary report of prescription drug use at the company revealed how many on his staff were prescribed medications for their mental health. Explore More

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