Forbes January 8, 2020
While we all have emotional ups and downs caused by everyday stress, over 46 million U.S. adults (almost 1 in 5) experience a mental health condition. If left unattended, poor mental health can have far-reaching implications — not only for individuals and their families, but also for their employers, insurers and affinity organizations.
The Hard Costs
According to a 2018 study by the American Heart Association, companies lose $17,241 per year in incremental healthcare and productivity costs for each person with major depressive disorder. Unum’s 2019 mental health report demonstrates that mental health issues can have a significant impact on job performance, mainly through lack of focus, irritability, lower productivity, missed work, tension with co-workers and slower career advancement. The...
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