AXIOS September 20, 2022
Distribution of health care spending across enrolled population in 2020, by age group
While older people represent the lion’s share of overall health care costs, people under 25 are propelling a slow and steady rise in mental health and addiction spending, according to a report by the Employee Benefit Research Institute (EBRI).
Why it matters: Employers face an increasingly tough balancing act: They know robust mental health benefits are critical to attracting and retaining top talent but chafe at the rising expense of offering those benefits — particularly as more people use them.
Driving the news: EBRI’s seven-year survey of employer-sponsored health plans found that spending on mental health and addiction has been rising, from 6.8% of total costs in...
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