Industry News

Behavioral Health Continues to Grow

A recent PwC (Pricewaterhouse Coopers) report noted Behavioral Health (BH) utilization continues to surge. BH claims utilization increased 62.6% between 2018 and 2024 and grew another 10% from 2023 to 2024 alone. Unlike many other healthcare cost drivers, PwC said BH spending growth is being driven primarily by higher utilization rather than rising prices. While the trend reflects improved access to mental healthcare, it is also creating additional cost pressure for health plans and employers.