Daily Bulletin

The Times Real Estate

.

  • Written by Compare the Market

More than half of the countries in a recent study have failed to further invest in mental health during the global pandemic, despite COVID-19 being linked to increased levels of anxiety and depression.i Any added investment would be a positive step towards improving the lives of hundreds of millions of people affected by mental related disorders worldwide.ii

In an analysis of government investment, Compare the Market has identified the countries who had favourable responses to mental health and those who took no action to support citizens.

The study scored the 37 OECD (Organisation for Economic Co-operation and Development) countries on three key categories, where a higher score indicates a higher level of government investment:

Public health support – free/subsidised mental health services such as GP, psychiatrists, social workers, helplines etc.

Research – funding of mental health-related research and studies

Awareness initiatives – investment in mental-health related information and education

Of those included in the research, 21 countries had no change in investment in any of the categories during the unprecedented year, including France, Japan, Norway and Colombia.

Eight countries returned perfect scores, where each had existing investment in the three categories prior to the pandemic, and the contributions were increased to further support citizens.

Best performing countries for mental health investment during COVID-19:

  • Australia

  • New Zealand

  • Canada

  • Sweden

  • Ireland

  • United Kingdom

  • Israel

  • United States of America

One of the largest financial investments came from the US, where USD $425 million in emergency funds was allocated to address mental and substance use disorders, in response to the pandemic.iii

Both New Zealand and Ireland announced financial allocation for new mental health services, with a considerable investment of NZD $40 millioniv and €38 million respectively.v

Israel has shown support for citizens by implanting an initiative which includes three free phone sessions with a mental health specialist, among other plans.vi

For more information on how each country ranked or to see the full methodology behind the scoring system, please visit comparethemarket.com.au.

About comparethemarket.com.au

Comparethemarket.com.au is a comparison service that takes the hard work out of shopping around. We make it Simples for Australians to quickly and easily compare and buy insurance, energy, travel and personal finance products from a wide range of providers. Our easy-to-use comparison tool enables consumers to find products that best suit their needs and back pocket.

i Black Dog Institute – Mental Health Ramifications of COVID-19: The Australian context: https://www.blackdoginstitute.org.au/wp-content/uploads/2020/04/20200319_covid19-evidence-and-reccomendations.pdf

ii World Health Organization – WHO urges more investments, services for mental health: https://www.who.int/mental_health/who_urges_investment/en/

iii The White House – President Donald J. Trump Is Safeguarding Americans’ Mental Health and Preventing The Tragedy of Suicide: https://www.whitehouse.gov/briefings-statements/president-donald-j-trump-safeguarding-americans-mental-health-preventing-tragedy-suicide/

vi Government of Israel – Program for Mental Health Support Hotline During the Coronavirus Crisis: https://www.gov.il/en/departments/news/16072020_01



Business News

Site Survey: The Foundation of Successful Construction Projects

A site survey (or land survey) is an essential early step in establishing the requirements for the successful execution and planning of construction and land development. It is a large-scale process...

Daily Bulletin - avatar Daily Bulletin

Why Brite Storage Tanks Are a Game-Changer for Your Beverage Production

Whether you’re brewing a refreshing pale ale or perfecting your cider, every step shapes the final product. That’s where brite storage tanks truly shine. Crafting beverages Australians love takes mor...

Daily Bulletin - avatar Daily Bulletin

Insulation Solutions for Meeting Modern Industrial Standards

As global energy costs soar and environmental regulations tighten, industries face unprecedented pressure to optimise their operations while minimising their ecological footprint. Modern industrial ...

Daily Bulletin - avatar Daily Bulletin

LayBy Deals