The Depression Epidemic: Can Obamacare fix it?
THE DEPRESSION EPIDEMIC Can Obamacare Fix it? Depression is a major cost to American society. The economic burden of depression - in terms of medical care, missed days of work, chronic health problems, and deaths - is estimated to have cost $112 billion in 2013. The Affordable Care Act, or Obamacare, mandates mental health coverage for millions of Americans. WHAT DOES DEPRESSION LOOK LIKE IN AMERICA? $8,404 16 million suffer from major depressive episodes each year. Estimated average cost in 2014 of a hospital stay for mood disorder. $777 1 in 3 people don't get treatment. Estimated average cost in 2014 for antidepressants. HOW WILL OBAMACARE MAKE A DIFFERENCE? 62.5 million will benefit from mental health and substance abuse disorder benefits that are made available under Obamacare. This is approximately 20% of the U.S. population. Obamacare requires free depression screening under all health insurance plans. Just 2.4% of primary care doctors screen for depression. 2.4% Doctors can also be a large part of the solution. Sources: Journal of Clinical Psychiatry | National Survey on Drug Use and Health | US Census | ASPE Issue Brief Learn more at nerdwallet.com
The Depression Epidemic: Can Obamacare fix it?
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