Money troubles and mental health problems are a marriage made in hell. Just a year ago I established the Money and Mental Health Policy Institute (MMHPI) to tackle that toxic combination.
There is a strong correlation between financial and emotional well-being. Financial difficulty is often accompanied by anxiety and even shame. Debt has also been proven to worsen the condition of individuals already suffering from mental health issues. Symptoms of anxiety and depression can be brought on and/or worsened due to feelings of pessimism about the future, fear of the consequences of going into debt, marital and familial conflicts stemming from financial issues, and the prospect of giving up control of one’s financial affairs. Existing mental health problems can also make it more difficult for individuals to hold down jobs and move up the career ladder, stay motivated to keep track of finances, and can impair wise financial decision making.
America’s largest chain of psychiatric hospitals is the target of a multi-agency federal investigation into whether it systematically holds patients longer than necessary to maximize revenues — an allegation two nurses at one of its facilities raised.
Health insurance: only when you don’t need it. Confused? Let me explain. In our illogical model, our society provides health insurance to the gainfully employed. But, ironically, it is the gainfully unemployed who most need mental health coverage.
State Sen. Lois Kolkhorst is pledging to fund rural mental health authorities’ jail diversion programs. Although the amount of funding hasn’t been determined yet, Kolkhorst got a placeholder in the Senate’s budget on Thursday.
Many chronic care patients arrive in primary care with mental health needs. They should be able to obtain physical and mental health care at the same time in the same facility, but traditional payment models do not support that aim.
Aside from increased funds to public education and mental health care, both chambers are also proposing vastly different cuts across the board. The Senate is calling for a 1.5 percent funding decrease for every state agency, excluding public education.
“Quite surprisingly, we found that people with intermediate educational levels were suffering more mental health problems during the crisis than any other group, and this occurred regardless of whether they were employed or unemployed,” says Juan Antonio Córdoba Doña.
Alabama Senator Cam Ward, an Alabaster Republican, said Tuesday that counties currently pay for detainees’ psychiatric health care. He has introduced a bill that would shift 70 percent of those costs to the federal government under Medicaid.
Government funding is “locked down in the dysfunctional hospital system” rather than being invested in community mental health services where it is most needed, Australia’s national mental health commissioner says.
It is no longer news that the negative impact of the current economic recession is hitting hard as unconfirmed reports show growing cases of suicide among Nigerians.
When people talk about entrepreneurship, most of the discussions revolve around the sense of fulfillment or satisfaction they get from building something out of nothing. While this may be true, there’s another side to going into business for yourself: the price you pay. Read more…
Mental illness continues to be a largely neglected area of health funding in the grand scheme of where philanthropic dollars go.
The pricing of weekly therapy sessions coupled with non-generic medications can see a sufferer’s monthly totals hit over €400 ($426).
Four years after the massacre at Sandy Hook Elementary School, millions of dollars have been spent on mental health services ranging from in-school psychologists to horse therapy, records show.
ReNew Resale, is not your typical secondhand store: It offers second chances to families struggling with mental illness.