Overall spending on mental health services increased from 6.8% to 8.2% between 2013 and 2020, according to a new study published by the Employee Benefit Research Institute (EBRI).
"Approximately 1 in 5 adults and 1 in 6 youth experience mental illness each year, and these rates have been rising," Paul Fronstin, director of EBRI's Health Benefits Research and co-author of the study, says in a statement. "Over 20 million Americans have a substance use disorder. The COVID-19 pandemic has exacerbated mental health issues nationally and in the workplace. With increases in both the number of individuals diagnosed with mental health disorders and use of health care services, higher spending is of great concern to plan sponsors of health benefit programs."
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