Behavioral Health Business May 16, 2024
New research shows mental health insurance claims have continued to rise after the peak impact of the COVID-19 pandemic.
Mental health claims soared by 83% from 2019 to 2023 and continued to rise post-pandemic, increasing 11% from 2022 to 2023, according to a report from LexisNexis Risk Solutions.
The demand for virtual mental health services skyrocketed even more dramatically during this period, jumping 9,500%, though virtual claims are now starting to level off.
“Mental health claims continue to rise, indicating a growing demand and utilization of mental health care, despite ongoing provider and medication shortages,” Adam Mariano, president and general manager of health care at LexisNexis Risk Solutions, said in a statement.
The sharp increase in...
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