Mental health well-being services are critical
Mental health can be complex and not easily solved. People are looking for mental health support from their employers. Today, it is not uncommon to see employee assistance programs or mental health services promoted as an employee benefit.
The Facts
1 in 5 adults
in the U.S. had a mental health condition before the pandemic.1
40% of adults
in the U.S. reported struggling with mental health or substance abuse in June 2020.2
Nearly 90% of employers
surveyed indicated that the pandemic affected the behavioral health or productivity of their employees.3
How companies can help
Employers can support their employees in a holistic way and have a powerful impact on their businesses and the broader community. An example is an employee assistance program (EAP) that provides short-term assistance and resource support from work life specialists. These specialists help with a full range of personal, family and work life concerns.
Administration and funding for mental health services may be difficult for some employers. Many supplemental insurance plans recognize the importance of this type of service and may make them available as part of their value-added services.
AXIS Group Benefits develop creative benefits solutions for today’s employers and associations. Contact us today to find out more.
- Limited Benefit Medical Plans underwritten by AXIS Insurance Company do not provide coverage for mental health services.
- 1 Substance Abuse and Mental Health Services Administration. “The National Survey on Drug Use and Health: 2019.” Accessed 05-19-21.
- 2 Centers for Disease Control and Prevention. “Mental Health, Substance Use, and Suicidal Ideation During the COVID-19 Pandemic—United States, June 24-30, 2020.” Accessed 05-19-21.
- 3 McKinsey & Company. “National Employer Survey Reveals Behavioral Health in a COVID-19 Era as a Major Concern.” Accessed 05-19-21.
