In The News May 24, 2016
According to new research, the United States spends over 200 billion annually on treatment and hospitalization for mental health issues, exceeding spending on heart conditions and cancer. Previous estimates of total healthcare spending by condition failed to account for costs associated with institutionalization but when this was factored into the latest research, the category of “mental disorders” moved to the top of the list by a substantial margin. More than 40% of spending on mental health issues are associated with institutionalization, the researchers found.
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Ten medical conditions with the highest estimated spending in 2013
SOURCE Roehrig, 2016 NOTES Institutionalized populations include nursing home residents, long-term patients in psychiatric hospitals, and prisoners. Trauma is fractures and wounds. Pulmonary conditions include chronic obstructive pulmonary disease, asthma, and other pulmonary diseases.
Roehrig, C., 2016. Mental Disorders Top The List Of The Most Costly Conditions In The United States: $201 Billion. Health Affairs, pp.10-1377. (Full Text)
--Justin Karter , News Editor
Thank You Mr Karter and MIA.