Health conditions such as ADHD, addiction, depression, anxiety disorder, and
sleep problems can indeed exact a staggering toll on the business budget.
In the U.S., where depression affects nearly one in 10 people, the estimated
cost of this disability in missed work days, medical expenses, and premature
death is $43 billion per year, reports the American Psychiatric Association
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Combine that with stress-related problems, and the price tag for
corporations can go up to $80 billion, says executive consultant John
Despite all these issues, many businesses slash their mental health
Companies "see their health premiums rise, and they get upset about
that, and try to figure out ways to cut that," says Weaver. "An easy
place to cut is the mental health benefits, because no one is going to
complain, and say 'I need those,' because they're afraid of what's going to
Indeed, the stigma attached to mental health conditions can prevent
illness-related concerns from being fully addressed in the workplace.
Complicating matters, there are plenty of issues that can affect
productivity, and it's not unusual for individuals to experience many of them
at the same time.
"Real people often have more than one problem," says Weaver, noting
how common it is for employees to be simultaneously depressed and anxious, or
to have an addiction problem and ADHD.
However, Weaver reminds companies and employees that the most expensive way
to deal with the matter is to rely solely on treating the issues after they
become a problem.
Going to a mental health professional or accessing EAP resources are very
effective ways of dealing the concern, he says, but such resources are
expensive because they involve highly trained people who work on a one-on-one
To help stem the cost of various health conditions, Weaver recommends that
companies institute early interventions such as wellness programs,
depression/anxiety awareness days, mental health screenings, and drug
"If companies do effective intervention, education, screenings, and
things like that, for every dollar they spend, they're going to save somewhere
between $2.50 and $5 in treatment costs per person," says Weaver. Not only
that, he says productivity tends to go up as a result.