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Axios
Axios
Health

Young people are driving a rise in mental health spending

Data: Fronstin, et al., 2022, "Use of Health Care Services for Mental Health Disorders and Spending Trends"; Chart: Axios Visuals

While older people represent the lion's share of overall health care costs, people under 25 are propelling a slow and steady rise in mental health and addiction spending, according to a report by the Employee Benefit Research Institute (EBRI).

Why it matters: Employers face an increasingly tough balancing act: They know robust mental health benefits are critical to attracting and retaining top talent but chafe at the rising expense of offering those benefits — particularly as more people use them.

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