Across the globe, there has been a growing awareness of the importance of treating mental health as a factor in overall health and well-being.
In its latest report on employer-provided health care, Mercer Marsh Benefits found that although progress is evident, gaps in mental health care still persist: 16% of insurers report that their plans do not cover mental health services. This is compared to 26% in 2022.
Emotional or mental risk is now one of the top three risk factors influencing employer-sponsored group medical costs in every region reviewed by the report except Asia and the Middle East/Africa. It’s the third-largest risk globally. (The report does not cover U.S. trends, which are reported separately.)
The report notes that 2021 was the first year that mental conditions were listed as one of the top five risk factors in any region (Europe). Researchers posit: “This shift could reflect the mental and emotional burden of COVID-19 as well as greater awareness in both the workplace and society of the significance of mental well-being.