Depression Takes A Toll On Employees And Firms
- Topics:
- Health Insurance
- Source:
- Dow Jones & Company
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Overview: The case study says that in a typical office of 20 people, chances are that four will suffer from a mental illness this year. Depression, one of the most common, primarily hits workers in their most productive years: the 20s through 40s. Its annual toll on U.S. businesses amounts to about $70 billion in medical expenditures, lost productivity and other costs. There remains a deep-seated fear that admitting to mental illness, much less taking a leave for it, will hurt a career. Workers often ask whether getting treatment will make them uninsurable in the future, and Dr. Conti tells them that they may encounter some difficulty. The increased disabilities probably cost Bank One several million dollars in lost wages, as well as pay for temporary workers.
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Format: HTML | Date: Jan 2003 | Pages: 1
