Articles | February 1, 2020
Your mental well-being is not all in your head. Conditions such as depression, anxiety disorders, and substance abuse correlate with serious medical conditions. Learn why protecting participants' mental health reaps benefits beyond the obvious.
Mental health conditions afflict more than 40 million American adults, and three in four employees have suffered from an issue affecting their mental health.
Despite the prevalence of mental health conditions among American adults, most of them don't receive any sort of treatment. Nearly 60 percent of those with a mental health condition didn't receive any services to help them during the previous year.
That lack of treatment harms not only those directly suffering, but also health plan sponsors. Unmanaged mental health conditions lead to:
An organization that fails to sponsor a health plan adequately covering its participants' mental health also faces a potential loss of future talent. Mental health and substance abuse disorder services are on the rise among today's 18-25 year olds, who see it as an important benefit.
Need help building a competitive and comprehensive mental health services strategy? We'll work with you to make sure your plan:
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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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