Mental Health Inequities Could Cost $1.3 Trillion in 2040. How Can the Industry Prevent This?
The U.S. is spending about $477.5 billion annually in unnecessary expenses related to mental health inequities, according to a recent report from Deloitte and the Meharry School of Global Health. If left unaddressed, this could increase to $1.3 trillion in 2040. The cumulative cost from 2024 to 2040 would equal $14 trillion. But there are…