According to the National Alliance on Mental Illness, one in five adults in America experience a mental illness, with nearly one in 25 (or 10 million) adults dealing with a serious mental condition, like schizophrenia or bipolar disorder. If gone untreated, behavioral health issues can translate to higher medical costs, a lower quality of life, more out-of-pocket costs and lost productivity in the workplace. Because of this, it is essential for businesses to understand how these conditions not only impact their employees’ well-being, but the cost of coverage they provide.
Nearly six percent of all inpatient hospital stays between 2005 and 2014 were related to behavioral health issues, such as depression, anxiety and stress, and mental health disorders. Patients suffering from behavioral health issues combined with chronic diseases, like diabetes, often incur higher health care costs. In fact, these patients pay an average of $560 more than those managing a chronic disease alone.
Education about the connection between physical and behavioral health, and resources available for businesses and their teams, including the value of integrated medical/behavioral health benefits and early intervention with Employee Assistance Programs, can help avoid higher health care costs while ensuring employees have the care they need.
Obtain customizable group-specific coverage information including group EAP, group name and logo for your organization.
Resources from New Directions Behavioral Health that support mental health education and initiatives.
Articles on how to effectively manage behavioral and mental health issues in the workplace.
Articles on how to effectively manage behavioral and mental health issues.
An informational site about the integration of behavioral health with primary care initiatives.
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