HealthLeaders Media May 6, 2022
The incidence of behavioral health conditions is increasing and patients with behavioral health conditions have relatively high medical costs.
KEY TAKEAWAYS
– People with behavioral health conditions have average annual medical costs that are 3.5 times higher than people without behavioral health conditions, a Milliman research report found.
– From 2010 to 2018, the number of adults with major depressive disorder jumped 12.9% to 17.5 million.
– One strategy healthcare payers have pursued to respond to the increased incidence of behavioral health conditions and associated hikes in medical costs is the acquisition of specialist companies.
Healthcare payers that can improve treatment of behavioral health conditions will generate a competitive advantage and reduce the risk associated with political solutions, according to...
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