Reports

The impact of good mental health in the financial services industry

From burnt-out bank bosses, to insurance brokers isolated at home, the financial sector is suffering a surge in mental health issues exacerbated by the COVID-19 pandemic. Unfortunately, financial services companies often lack the clarity and resources necessary to make the business case for investing in employee mental health. Not anymore. Employees suffering from insomnia or...

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The impact of good mental health in the health care industry

Health care workers face a unique combination of pressures that contribute to high levels of stress, anxiety, and other costly mental health difficulties. Unfortunately, health care institutions often lack the clarity and resources necessary to make the financial case for investing in employee mental health. Not anymore. Nearly 50% of doctors and nurses experience burnout.Thomas...

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The impact of good mental health in manufacturing

Only 26% of manufacturing companies measure the impact employee mental health has on costs such as disability claims, health care spend, and productivity. In our new report, we demystify how to quantify the value of better employee mental health — so that you don’t have to. Core insights include: How improved mental health impacts your...

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The impact and value of mental health initiatives by industry sector

“When people don’t have access to mental health services, their employer can expect to spend as much as 300% more on health care. It’s actually more expensive for companies to do nothing than it is to invest in good mental health.”—Dr. Jenna Carl, VP of Clinical Development and Medical Affairs Benefits leaders are acutely aware...

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Three lessons from the biggest companies on their approach to mental health

Companies recognize the need to comprehensively support employee mental health. But creating a mental health strategy that is scalable, effective, and supports a diverse set of employee needs presents a host of challenges. Our benchmark report provides insight into how 35+ of the most innovative companies — representing 2.5 million employees lives — are performing when it comes to...

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Using Clinical Evidence to Evaluate Digital Therapeutics for Mental Health

Employers recognize a growing gap in their mental health offerings Due to cost and capacity constraints, telehealth and EAP programs cannot address the needs of the entire employee population. Consequently, benefits leaders are turning to digital solutions, but many questions remain: Which are viable?How to distinguish one from the next?What kind of proof exists that...

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A Health Economic Evaluation of Sleepio at a Fortune 500 Company

Demonstrating $1,677 lower healthcare costs per employee that used Sleepio A Fortune 500 company, in conjunction with IBM Watson Health, conducted an economic evaluation to test whether our flagship digital sleep improvement program, Sleepio, would lower healthcare costs for their employees. Individuals who used Sleepio had 28% lower annualized total healthcare costs compared to those who...

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Employees’ Desire to Self-Help

73% of individuals prefer to manage their mental health on their own Many people are experiencing clinical levels of worry and anxiety for the first time and are being forced to cope without the support of friends, family, or a medical provider. Unfortunately, due to stay-at-home orders and increased isolation, the barriers that prevent access to...

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Addressing Low Perceived Need

So what does low perceived need really mean? Many employees simply don’t know that their struggles are mental health-related. If they’re asked, “Have you ever felt that you might need to see a mental health professional?” the answer is often “no” despite their (unaddressed!) symptoms. Download the report to learn: Why a low perceived need for care...

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The State of Sleep & Mental Health

A report examining the prevalence and associated employer healthcare costs of insomnia and mental health in the workplace. Over 650,000 lives distributed over 17 large US Employers were used to create the report. THE BUSINESS CASE We found that individuals with poor sleep cost an average of 2.4x more than those without. Read the first report of...

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