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LifeStance Survey Finds US Adults Prioritize Access to Therapy Over Free Taylor Swift Tickets and Vacations

Survey Also Reveals Differing Attitudes About Mental Health Content on Social Media, With TikTok Emerging as a Highly Used but Less Trusted Platform

articleLifestance Health Group, Inc.August 1, 20244/company/lifestance-health-group-inc/news/lifestance-survey-finds-us-adults-prioritize-access-therapy-over-free-taylor-swift
LifeStance Survey Finds US Adults Prioritize Access to Therapy Over Free Taylor Swift Tickets and Vacations

About this update from Lifestance Health Group, Inc.

[{"type":"text","content":"Survey Also Reveals Differing Attitudes About Mental Health Content on Social Media, With TikTok Emerging as a Highly Used but Less Trusted Platform\nSCOTTSDALE, Ariz., Aug. 1, 2024 /PRNewswire/ -- LifeStance Health, one of the nation's largest providers of virtual and in-person outpatient mental healthcare, today released findings from a new survey examining the state of Americans' mental health, their ability to access mental healthcare, how therapy ranks in their overall household budgets and the role that social media plays in shaping attitudes towards mental health.\n\n \n \n \n \n \n \n\n \nAs the nation faces a growing mental health crisis, many people struggle to access and afford mental health treatment. According to the National Alliance on Mental Illness (NAMI), approximately 1 in 5 U.S. adults experience a mental health condition, highlighting the urgent need for accessible, high-quality care.\nLifeStance's survey of 1,085 U.S. adults found that the demand for mental healthcare has continued to accelerate, with 70% of respondents reporting that they experienced anxiety, stress, worry or depression. Among those experiencing mental health challenges, 64% had previously sought therapy, while 35% had received a formal diagnosis for a mental health condition. Key findings include:\nThe majority of Americans rely on insurance coverage to afford mental healthcare. However, a significant portion of people struggle to find an in-network provider, impacting their ability to receive care within a reasonable timeframe.\nTwo-thirds of respondents (66%) have been able to find a therapist who accepts their insurance and has availability while over a quarter (27%) have not, underscoring the continued need for expanded access to insurance-covered mental health services across the country.Nearly two-thirds (65%) of respondents said they would not be able to afford therapy if it wasn't covered by their health insurance.Over half (59%) of respondents said that seeing a therapist whose services are covered by insurance would provide financial relief, with this sentiment being most prevalent among baby boomers (39%) and Generation X (38%), compared to millennials (31%) and Generation Z (28%).Mental health is a top priority for many Americans. In fact, a majority of people ranked therapy as their most important discretionary expense.\nOver...

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