A study by Lancaster University indicates that cutting the waiting times for mental health treatment could significantly benefit the UK's economy. Research led by Prof. Roger Prudon reveals that delays in treatment lead to job losses; specifically, a one-month wait resulted in 2% of patients losing employment. By applying insights from the Netherlands to the UK, estimates suggest that reducing waiting times could help 300,000 individuals each year and save the government around 1 billion annually in lost income taxes and unemployment benefit payouts.
Prof. Roger Prudon emphasized that current mental health treatment delays in England are detrimental, revealing that a one-month delay could cost 2% of patients their jobs.
The study suggests a substantial economic return can be achieved by reducing waiting times for mental health treatment, projecting that Britain could save 1 billion annually.
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