What are the best financial management strategies for people with mental health issues?
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A new report from the NHS reveals the average person with a mental health disorder is over-stretched by £50,000.
And when you add in the impact of disability and illness on the NHS, it’s a staggering sum.
In a new survey by the NHS on the mental health of people with different conditions, it emerged that mental health is a big challenge for those who struggle with mental illness.
The survey revealed that more than half of people surveyed had experienced stress at work and the workplace and a quarter said they felt exhausted or unhappy in their jobs.
And, despite this, the survey also found that the majority of respondents were not concerned about being at risk of being diagnosed with a serious mental health condition.
And the survey revealed some people with disabilities had been more likely to be overstretched than others, with more than two-thirds of those who are visually impaired reporting over-spending.
But despite the financial impact, the majority felt that their mental health was not an issue.
The report also found most people felt that the NHS was “not doing enough” to help people with a wide range of mental health problems.
This was particularly apparent for people suffering from mental health conditions like anxiety and depression, who had a higher incidence of over-burdening by the UK Government’s Mental Health Trusts (MHTs) than those with mental illnesses like bipolar disorder or eating disorders.
But when it came to the NHS funding for mental health, only about a third of people who were diagnosed with mental disorders reported financial hardship.
And this is despite a recent study finding that people with some mental health illnesses are less likely to receive the most support from the Government’s MhStD (mental health and social care) programme.
While the NHS’s overall funding is well above the level that people on disability benefits can receive, the overall funding received by people with certain mental health disorders is lower than those on other disability benefits.
For example, the average funding received to people with an eating disorder was £1,400 more than those who were not diagnosed with an Eating Disorder but who were over-consuming food, while the average support received to those with bipolar disorder was less than £400 more.
And in terms of health, the NHS is still under-funding the mental wellbeing of people suffering with mental disabilities.
The survey found that only 23% of people diagnosed with depression received the maximum funding available to them.
And when it comes to health, mental health and physical health services are still not as accessible as they need to be.
The NHS’s mental health strategy says the mental wellness of its people should be a priority.
The government has been trying to improve access to mental health services for a number of years, including through a new £2bn MhSTD scheme and increasing funding for the National Mental Health Strategy (NMHS) in 2017.
The latest MHTS is aiming to increase the number of people on the national mental health rolls from around 4,000 to 7,000 by 2025.
But this will not be enough to address the number one problem for people who have mental health challenges – lack of funding.
The MHTS aims to provide the support and support services to people who are at high risk of having mental health difficulties, and it has recently been criticised for not adequately supporting people with physical health problems, including those who suffer from multiple sclerosis (MS).
A new report from the NHS reveals the average person with a mental health disorder is over-stretched by £50,000.And when…
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