Mental health inequities cost $477B annually, and could reach trillions

Chief Healthcare Executive May 15, 2024
Ron Southwick

The U.S. is spending billions unnecessarily due to the failure to address mental health needs, a new report finds. Jay Bhatt of Deloitte talks about the report and expanding access to mental health services.

The United States is spending nearly half a trillion dollars in avoidable expenses due to mental health inequities, and that may be just the tip of the iceberg, a new report suggests.

Because of failures to provide access to the mental health needs of Americans, the country is spending an estimated $477 billion annually, according to a new report released today by Deloitte and Meharry School of Global Health. Unchecked, the cost could rise to $14 trillion by 2024, the report estimates.

Jay Bhatt, managing director...

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