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Why Healthcare Costs Are Rising—and What Mental Health Has to Do With It

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The hidden driver of rising healthcare costs isn’t just medical or pharmacy spend—it’s mental health, and it’s costing employers more than they realize.

Presenters

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Kelsey Witmer

VP, Total Rewards & People Ops, Spring Health
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Philip N. Swayze

Vice President of Population Health and Wellbeing

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Why you should join us

Employer-sponsored healthcare costs are on track to jump 10% in 2026, with pharmacy costs rising 11–12%—the steepest increase in over a decade. But what’s less obvious is what’s driving that spike—and what HR leaders can actually do about it.

This webinar takes a deeper look at two major forces inflating your benefits line item: unmanaged behavioral health conditions and avoidable pharmacy spend. We’ll break down the hidden ROI of mental health care and show how forward-thinking employers are proactively flattening their medical trend through smarter investment—not just cost cutting.

You’ll walk away with a clear view into how mental health influences everything from chronic condition outcomes to medication adherence—and how the right mental health strategy can deliver compounding savings that finance teams actually care about.

What You’ll Learn:

  • Why behavioral health issues are quietly driving up your total cost of care
  • How mental health solutions can reduce physical health claims, ER visits, and pharmacy costs
  • What new ROI data tells us about the real financial impact of mental health care
  • How to build a business case for mental health that resonates with CFOs

Who Should Attend:

HR and benefits leaders, finance stakeholders, and consultants seeking a cost-control narrative backed by data—not just good intentions.

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About the presenters

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