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Chapter 6 - The Socioeconomic Costs of Mood Disorders

Published online by Cambridge University Press:  16 May 2024

By
Paul McCrone
Edited by
Allan Young ,
Marsal Sanches ,
Jair C. Soares  and
Mario Juruena
Allan Young
Affiliation:
Institute of Psychiatry, King's College London
Marsal Sanches
Affiliation:
Baylor College of Medicine, Texas
Jair C. Soares
Affiliation:
McGovern Medical School, The University of Texas
Mario Juruena
Affiliation:
King's College London
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Summary

Patients with mood disorders experience substantial challenges in their lives, often over long-term periods and despite receiving treatment. Provision of clinical care for mood disorders involves direct monetary costs. Illness also leads to indirect socioeconomic costs due to reduced work capacity. The absence of these patients from wider economic activity within society is another indirect cost. Estimating the impact of mood disorders in monetary terms mainly relies on administrative records, patient surveys, and mathematical models. Although estimations may vary between studies depending on methodology, annual economic cost of major depressive disorder and bipolar disorder in the UK may exceed £8 billion and £7 billion, respectively, with the majority of this cost accounted for by lost production rather than provided healthcare. Other indirect costs are commonly ignored and require further research. Cost of illness studies may serve as the basis for economic evaluations (e.g., cost-effectiveness analyses) of interventions targeting mood disorders.

Keywords

mood disorderssocioeconomic costhealthcarelost productioncost-effectiveness
Type
Chapter
Information
Clinical Textbook of Mood Disorders , pp. 68 - 73
Publisher: Cambridge University Press
Print publication year: 2024

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