Cost of Untreated Depression

We all know that depression is a terrible disease that can have an enormous psychological cost, both for the sufferer and their family and friends. But there is also a monetary cost to depression that goes beyond the medical and therapy bills. I’m not a doctor and I’m in no position to offer treatment advice or discuss symptoms. However, as this is the time of year when depression often gets worse or becomes more obvious with the shorter days and holiday stress, I want to point out some of the monetary costs of untreated depression.

Why is this important?

First, some people are motivated more by money than other reasons. They may not seek treatment for medical reasons, but perhaps seeing the monetary costs of depression may inspire them to seek help. Untreated depression can be especially costly, as the sufferer often has no idea why they are incurring these costs or how to stop. This leads to a cycle of frustration that may worsen the depression as the costs mount. This is the second reason why this article is important. If you think you or someone you know is suffering from depression, it may help to understand what’s happening financially so that the cycle can be broken or at least slowed until treatment can bring relief.