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Financial Case for Quality Behavioral Health Benefits

  • The #1 reason for hospital admissions nationwide is psychiatric disorder
  • Mental illness is far more common than cancer, diabetes, heart disease or arthritis (approximately 54 million Americans suffer from mental illness).
  • Mental illness will impact 1 out of 4 families
  • Mental illness can and does strike all age groups, nationalities, genders, and
    economic backgrounds.
  • The cost of mental illness to society, including lost productivity, absenteeism, and substance abuse exceeds $180 billion a year.
  • The cost of depression to employers is nearly $44 billion annually, with an
    estimated 200 million days of missed work
  • Depression is the leading cause of disability in the United States.
  • Often individuals rely on primary care physicians to treat the somatic symptoms
    associated with depression and other mental illnesses. A two- year study reported
    that general medical benefit costs actually decreased for individuals utilizing
    mental health benefits.
  • A 30% cost reduction in mental health services at a large Connecticut corporation
    triggered a 37% increase in medical care use and sick leave by employees using
    mental health services, thus costing the corporation more money rather than less
  • SAMHSA's Mental Health Resource Center

 

 

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