Study Reveals Individuals with Behavioral Health Conditions in Addition to
Physical Conditions Drive High Total Healthcare Costs
Small Portion Spent on Behavioral Treatment, Vast Majority Spent on Physical Treatment
Report by: Stoddard Davenport, MPH/T.J. Gray, FSA, MAAA/Steve Melek, FSA, MAAA
KEY FINDINGS
- 21 million commercially insured lives (2017 data)
- People with co-morbid behavioral health and physical health conditions drive high costs
- 5.7% of patients with co-morbid conditions account for 44% of high cost spend at annual average cost of >$43K
- 1/2 of those patients had annual behavioral health spend at less than $95
- 25% had annual behavioral health spending between $68 and $502
IMMEDIATE ACTION NEEDED
Two-tiered system is costly & COVID-19 will drive up costs
Must improve access to effective and affordable in-network behavioral healthcare
Expansion of the collaborative care model is needed now
Tele-behavioral health is improving access, must sustain momentum
To read the full report, click here.
To view the Press Release, click here.
