Mental health is no longer just a personal issue—it’s a business issue. And for Arizona’s growing economy, the stakes have never been higher.
A new report from McKinsey & Company shows that mental health conditions like depression, anxiety and PTSD now account for more long-term disability than heart disease, cancer and diabetes combined. The economic toll is staggering, costing U.S. employers billions in lost productivity, absenteeism and employee turnover.
In Arizona, untreated mental illness is estimated to cost the state a whopping $11 billion annually in lost wages, hospitalizations and incarceration. That’s not just a public health concern… It’s an economic imperative.
Here are five actions Arizona employers and business leaders can take now to support workforce mental health while also protecting long-term business performance.