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Talkspace Now In-Network Nationally for 9.5 Million Military Personnel and their Families, Making Mental Health Care More Accessible than Ever
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Talkspace (NASDAQ: TALK), a leading online behavioral health company, is now available to approximately 9.5
About this update from Talkspace, Inc.
[{"type":"text","content":"NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Talkspace (NASDAQ: TALK), a leading online behavioral health company, is now available to approximately 9.5 million active duty and retired military personnel and their dependents as an in-network benefit through partnerships with TRICARE East and West region contractors. Eligible beneficiaries, including partners and teen dependents (13+), can now receive therapy from a licensed clinician or psychiatric services (for those 18+) from a Board-certified psychiatrist or psychiatric nurse practitioner–all virtually and privately. Depression affects 23% of active-duty service members, with rates of suicide increasing by more than 40% in recent years. A survey of military spouses found that 92% reported feeling increased stress levels during a spouse’s deployment while 85% said they felt anxious or depressed. “From deployments, the current geopolitical landscape, not to mention the daily stressors that affect families, many active-duty and reservist military service members and their dependents need support. It’s vitally important that they can access high-quality mental health treatment affordably, privately and conveniently,” said Erin Boyd, Talkspace’s Chief Growth Officer. “With coverage across the U.S. from both TRICARE East and West region contractors, we are removing barriers such as cost and geographical constraints that may have historically prevented military families from getting support and making it our mission to meet them where they are, as it’s an honor to serve those who have served us.” As part of the rollout of in-network coverage nationally, Talkspace will kick off a robust partnership with Military Brands, owner of MyBaseGuide, a thorough digital resource for all active-duty military personnel, civilians, and their families who live and work on a military base within the United States. They will assist in communicating this coverage to over 3 million military families across 219 bases. Additionally, Talkspace will be a founding member of MilSpouses.com, Military Brand’s newest resource for the military. This website offers a new community for military spouses to connect and is expected to launch this month. “Military spouses often suffer in silence, juggling a disproportionate share of parenting and household duties all while maintaining balance and stability. To add, ma...