By Monica E. Oss, Chief Executive Officer Will we see a big jump in mental health spending in 2021 because of the coronavirus pandemic’s aftermath? That was the question that came to mind when I read our recent analysis of U.S. mental health spending. Mental health spending rose to $225 billion in 2019—an increase of 52% in the past decade, from 2009 to 2019 (see our most recent analysis, The U.S. Mental Health Market: $225.1 Billion In Spending In 2019: An OPEN MINDS Market Intelligence Report). This is notable because the medical inflation rate was 34% and the U.S. population increased by 6.9% during that period. The…
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