MedCity News May 30, 2024
Mental health inequities are costing the U.S. $477.5 billion annually. This could rise to $1.3 trillion in 2040 if left unaddressed.
The U.S. is spending about $477.5 billion annually in unnecessary expenses related to mental health inequities, according to a recent report from Deloitte and the Meharry School of Global Health. If left unaddressed, this could increase to $1.3 trillion in 2040. The cumulative cost from 2024 to 2040 would equal $14 trillion.
But there are steps the healthcare industry can take to improve mental health in the U.S. and lower associated costs. This includes integrating mental health and primary care and incentivizing mental health screenings.
“If we do this, what really matters at the end of the day for...
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