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WHY WE SHOULD SPEND MORE ON MENTAL HEALTH
WHY WE SHOULD SPEND MORE ON MENTAL HEALTH

Author(s): Richard Layard
Subject(s): Health and medicine and law
Published by: Addleton Academic Publishers
Keywords: mental health; economic cost; morbidity; life-satisfaction; cost-saving

Summary/Abstract: Mental health problems affect roughly 1 in 5 adults, and 1 in 10 children at any one time. In rich countries they cause roughly 40% of disability, absenteeism and underperformance at work, and cost some 7% of GDP. Under ¼ of those affected are in treatment, though excellent evidence-based treatments exist. The English programme Improving Access to Psychological Therapies (IAPT) has shown what can be achieved. It treats half a million patients a year. Its net cost is negative, since the gross cost is covered twice over in savings in welfare benefits/ lost taxes and in savings on physical healthcare. Wide availability of these treatments is imperative since common mental illnesses are empirically the biggest single cause of misery in rich countries.

  • Issue Year: 3/2016
  • Issue No: 1
  • Page Range: 188-206
  • Page Count: 19
  • Language: English
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