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“THE FACTS ABOUT MENTAL HEALTH AND BUSINESS”

 

American businesses pay a high price for mental illness. Consider these startling facts:

  • Depression costs our country approximately $43.7 billion a year — over half of which is paid directly by businesses.

  • Of the $43.7 billion in depression costs, $11.7 billion is associated with missed work days, and $12.1 billion is associated with reduced productivity.

  • Chemical dependency costs American businesses an estimated $200 billion per year (Source: Feb 96 Conference Board Survey by the Bureau of National Affairs).

  • Employers bear an average annual cost of $3000 for every depressed worker, and $10,000 for every employee who abuses drugs.

  • By providing your employees with outstanding mental health services, you can:

Increase employee productivity
Reduce turnover and employee “burnout”
Improve morale, team spirit, and workplace relationships
Increase bottom-line profitability

  • Of the $43.7 BILLION dollar cost of depressions, over 50% is paid directly by American business.

  • 55% of the total costs of depressions are incurred by employers as a result of absenteeism and reduced productivity. That translates to $11.7 billion in costs associated with missed work days and about $12.1 billion in costs associated with reduced productivity-workers not performing at full capacity, lack of self confidence or indecisiveness.

  • Employers bear an annual cost of $3000 per depressed worker and $10,000 per drug abusing employee.

  • Sixty-four percent of all adults report that their relationship with loved ones are always on their minds. (USA Today, 1/6/97)

  • Troubled employees are absent from work six to eight times more frequently than other employees, often resulting in the need for temporary workers.  This can cost a company as much as 25% to 35% of the employee's normal salary. (Birmingham Business Journal, 9/4/95)

  • America's divorce rate now tops 60%, forcing Corporate America to admit and deal with employee personal problems. (USA Today, 1/23/97)

  • Americans have lost nearly 40% of the leisure time they had in 1973.  In other words, Americans spend a month more each year at work than they did 20 years ago, forcing the need to help workers balance personal lives with work. (St. Louis Dispatch, 9/17/95)

  • Ninety-two percent of workers agree personal problems cause trouble at work.  Companies that offer programs to assist employees with personal problems see positive results including improved moral, higher productivity, less absenteeism, lower health-care costs, reduced turnover and less workplace violence. (Sales & Marketing Management, 5/1/96)

  • One out of three American adults will have a diagnosable or addictive disorder during their lifetime (AAMFT).

  • Up to 60% of visits to primary care physicians are Individuals whose complaints are related to mental health (AAMFT).

  • Early intervention on mental health services will save society two-thirds the cost of crisis intervention (NIMH).

  • Family life events are highly correlated with visits to physicians and hospital (Levene, Newsman, Jeffries, 1988).

  • An estimated 25-40% of general hospital admissions are due to complications of chronic alcohol abuse (harvard Medical School Mental Health Newsletter).

  • Alcoholics use health services four times more than non alcohol users (Harvard Medical School Mental Health Newsletter).

  • Medical expenses are twice as high for alcoholic families (Harvard Medical School Mental Health Newsletter).

  • Allowing consumers a broad choice of mental health clinicians did not increase the use of the service (Champus, 1983).

  • The cost of alcoholism to the U.S. was $85.8 million in 1988 (Rice, Kelman, Miller & Dunmeyer).

  • Between 10% and 23% of all U.S. workers use dangerous drugs on the job (NIDA).

  • Up to 40% of Industrial fatalities and 47% of industrial accidents are alcohol related (Bureau of National Affairs).

  • According to the National Institute of Mental Health, more than 18 million people in the united States experience a depressive illness each year.  But there is good news; With appropriate treatment, psychotherapy and medication, about 80% of depressive illnesses can be successfully treated

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The information provided on this website should not be construed as advice or instruction on specific mental health or medical conditions or for specific mental health referrals. It is intended as an informational tool only.  You should consult a healthcare professional regarding health issues and advice on treatment. To view our complete disclaimer CLICK HERE.

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Page last updated: 05/12/04 12:30 PM

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