Mental Health and Insurance Cover
In many countries individuals with mental health problems have difficulties in getting insurance as they are thought too risky with higher mortality and accident etc. risk. I am currently working with a professor of psychiatry on this topic. Our initial findings are:
- Mental health problems come in many varieties with only few of them resulting in
substantially higher risk
- Modern therapies and medicines work well by reducing dramatically the number of suicides in many cases one can say that people who have undergone therapy are better risks than the average
- While mortality linked directly to mental issues is going down, longitudinal studies show higher mortality due to, e.g., cardiovascular diseases among those who have at some point of life had mental problems, but a more probable reason might be the lower socioeconomic status of these persons (and they have ended into this status due their mental problems, with one stress factor being denial of insurance cover).