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How much will coverage for universal access to comprehensive behavioral healthcare really cost?
1Milliman & Robertson, Inc., USA.
Summary
Quantifying the cost of behavioral healthcare benefits reveals that comprehensive, well-managed plans cost over $200 per person annually. Unmanaged plans significantly exceed this, costing over $300 per person per year.
Area of Science:
- Health Economics
- Healthcare Policy
- Behavioral Health Services
Background:
- Estimating the cost of universal behavioral healthcare benefits is crucial for policy development.
- Previous research has presented varying cost projections.
- Understanding cost drivers is essential for effective benefit design.
Purpose of the Study:
- To review and synthesize findings from four recent research reports on the per-person, per-year cost of behavioral healthcare benefits.
- To identify key factors influencing cost variations between different benefit models.
Main Methods:
- Literature review and synthesis of four quantitative research reports.
- Comparative analysis of cost assumptions and benefit designs across studies.
Main Results:
- Well-managed, comprehensive behavioral healthcare benefits are estimated to cost slightly over $200 per person per year.
- Unmanaged comprehensive behavioral healthcare could cost in excess of $300 per person per year.
- Cost differences are largely attributable to assumptions about the delivery system and benefit plan design.
Conclusions:
- Implementing well-managed behavioral healthcare benefit plans offers a more affordable approach to providing comprehensive care.
- Strategic benefit design and delivery system management are critical for controlling costs.
- The findings provide valuable data for policymakers and healthcare administrators considering universal behavioral healthcare access.