Centre for mental health - 27th March 2024 Mental ill health has a devastating impact on people's lives. This report seeks to calculate the costs of mental ill health on individuals, society and the economy. This analysis finds that the to…  | TRFT Library & Knowledge Service April 2 | Centre for mental health - 27th March 2024 Mental ill health has a devastating impact on people's lives. This report seeks to calculate the costs of mental ill health on individuals, society and the economy. This analysis finds that the total cost of mental ill health in England in 2022 was £300 billion. The cost is comprised of three major elements: - Economic costs of £110bn: Losses to the economy due to mental ill health. These include the business costs of sickness absence and 'presenteeism' at work, as well as staff turnover and unemployment among people with mental ill health.
- Human costs of £130bn: The value, expressed in monetary terms, of reduced quality of life and premature mortality among people living with mental health difficulties
- Health and care costs of £60bn: This includes support provided by public services and informal care provided by family and friends.
Commissioned by the NHS Confederation's Mental Health Network, the report finds that the majority of these costs fall on people living with mental health difficulties and their families (£175bn) through loss of earnings, informal care, a reduction in quality of life, and having to self-fund mental health support. Read the report - The economic and social costs of mental ill health | | | |  | You can also reply to this email to leave a comment. | | | | |
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