Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

On a dream, undeterred

Nov 12, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

The high economic toll of mental illness

Tracey Samuelson Oct 10, 2018
Share Now on:
HTML EMBED:
COPY
Andrew Caballero-Reynolds/AFP/Getty Images

Mental disorders are estimated to cost the global community nearly $2.5 trillion each year — and those costs are increasing.

Unlike costly physical illnesses like cancer, where expenses are largely hospital-based, mental health costs are often indirect, such as not being able to work.

Only 40 percent of adults who have a mental illness reported receiving any sort of service for their mental illness in the prior 12 months, according to Judith Bass, a professor at Johns Hopkins Bloomberg School of Public Health. This number drops to below 15 percent in low- and middle-income countries.

“With mental and behavioral health, the lack of services means the future cost implications are even higher because people aren’t even getting treatment,” Bass said.

Treatment options may be limited due to a shortage of trained mental health workers or the stigma mental illness often carries.

“The stigma of mental illness is probably as big a problem as mental illness itself,” said Patrick Corrigan, a professor of psychology at the Illinois Institute of Technology. “And despite how educated we are, there’s pretty good evidence it’s getting worse.”

Corrigan said another reason why mental illness can be so costly is because it often affects younger people in their prime working years.

Fall of the Berlin Wall
Fall of the Berlin Wall
The financial lessons of Germany's reunification 30 years ago.  
Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.
How We Survive
How We Survive
Climate change is here. Experts say we need to adapt. This series explores the role of technology in helping humanity weather the changes ahead.