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U.S. Sees Slowdown in Spending on Mental Health
Posted 5 Feb 2011 by Drugs.com
FRIDAY, Feb. 4 – The amount of money spent on psychiatric drugs in the United States continues to grow but at a much slower rate than in previous years, a new federal government study has found. From 2004 to 2005, spending on psychiatric drugs rose 5.6 percent, compared with an increase of 27.3 percent between 1999 and 2000, according to the Substance Abuse and Mental Health Services Administration. The agency's analysis of health-care costs from 1986 to 2005, the latest year comparable data is available, also found that spending on behavioral health accounts for a decreasing portion of overall health-care costs. Of the $1.85 trillion spent on all health-care services in the United States in 2005, behavioral health spending accounted for 7.3 percent ($135 billion). During the 20 years analyzed in the study, spending for mental health and substance abuse health care grew more slowly ... Read more
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