Why Do Mental Health Care Companies Achieve Cost Containment?

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In this section of the paper, we will be observing a specific issue regarding companies that deal with mental health. Before we diving into this topic, lets provide some information about mental health companies and cost containment. These behavioral health care companies (or mental health care companies) are here to help by promoting the well-being and preventing or intervening in mental illness while also aiding in preventing or intervening in substance abuse or other addictions (Sandler, 2009).” Now, what cost containment does is aids those companies to maintain different expenses that may lead to unnecessary cost or spending. This leads to the issue of should managed behavioral health care companies be permitted to achieve cost containment through the management of access to care? …show more content…

First, it's believed that those healthcare companies should be permitted to achieve cost containment. Nevertheless, permitted this comes with burdens, as well as, benefits. One of the burdens that this causes is the utilization of revenue to be able to expand theses companies since mental health is growing rapidly. Company benefit managers noted an increase in mental health care costs that were climbing even more rapidly than general health care costs. For example, mental health care costs for IBM's roughly 600,000 covered lives rose from $80.8 million to $105.7 million which is an increase of more than 30 percent in just two years (Essock & Goldman, 1995). This has an impact on our society because it raises the rates of companies who in turn pass the expense down to their employees. Conversely, these companies must spend more to insure their technology is effective and efficient. The effect limits the patient's ability to afford mental health services. These burdens allow the benefits easily overlooked but the benefits assist in creating a

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