Economic Impact of Preventative Care
It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure, and scientific and technological research increase it, creating more good jobs and new wealth for all of us.
-William J. Clinton
The United States spends $444 billion dollars a year on mental health.
2/3 of this cost comes from disability payments and lost productivity, even though preventative treatment can mitigate these costs.
When adjusted for inflation, Nevada spent $96.56 per capita on mental health, which amounts to approximately $200 million spent on these avoidable costs per year.
Increasing the diagnosis and treatment of depression and substance abuse can result in a $7-$11 savings for every $1 dollar invested, by decreasing overall health-care costs, restoring productivity, and improving recovery or remission.
INSPIR3 will be the DEMONSTRATION PROGRAM towards this new initiative and only needs ~$120 million dollars.
After 5 years of operations, WE WOULD SAVE YOU $3.4 BILLION DOLLARS.