A review of the economic impact of mental illness

Doran, Christopher M., and Kinchin, Irina (2018) A review of the economic impact of mental illness. Australian Health Review. (In Press)

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Abstract

Objective: To examine the impact and cost associated with mental illness.

Methods: A rapid review of the literature from Australia, New Zealand, UK and Canada was undertaken. The review included literature pertaining to the cost-of-illness and impact of mental illness as well as any modelling studies. Included studies were categorised according to impact on education, labour force engagement, earlier retirement or welfare dependency. The well-accepted Drummond 10-point economic appraisal checklist was used to assess the quality of the studies.

Results: A total of 45 methodologically diverse studies were included. The studies highlight the significant burden mental illness places on all facets of society, including individuals, families, workplaces and the wider economy. Mental illness results in a greater chance of leaving school early, a lower probability of gaining full-time employment and a reduced quality of life. Research from Canada suggests that the total economic costs associated with mental illness will increase six-fold over the next 30 years with costs likely to exceed A$2.8 trillion (based on 2015 Australian dollars).

Conclusions: Mental illness is associated with a high economic burden. Further research is required to develop a better understanding of the trajectory and burden of mental illness so that resources can be directed towards cost-effective interventions.

Item ID: 51585
Item Type: Article (Research - C1)
ISSN: 1449-8944
Keywords: mental health, health economics, health policy
Additional Information:

Journal compilation © AHHA 2017 Open Access CC BY-NC-ND

Funders: New South Wales Mental Health Commission
Date Deposited: 23 Nov 2017 23:30
FoR Codes: 11 MEDICAL AND HEALTH SCIENCES > 1117 Public Health and Health Services > 111714 Mental Health @ 50%
14 ECONOMICS > 1402 Applied Economics > 140208 Health Economics @ 50%
SEO Codes: 92 HEALTH > 9204 Public Health (excl. Specific Population Health) > 920410 Mental Health @ 50%
92 HEALTH > 9202 Health and Support Services > 920206 Health Policy Economic Outcomes @ 50%
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