Why stop at Lithium? Surely a more comprehensive solution to mood disorders in the population would be to add prozac into the water supply.
Conversely, if high concentrations are linked with poor health that suggests it is toxic and water treatment in areas with high concentrations should seek to remove some of it.
If however the concentration in question does not already occur naturally in water drunk by large populations, you lack the vital data on the consequences of low-level, life time exposure. You are basically stuck and should leave well alone.