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Not surprisingly, mental illness often prolongs homelessness. Approximately 26 percent of homeless adults staying in shelters live with serious mental illness and an estimated 66 percent live with severe mental illness and/or substance use disorders.
Largely contributing to rising mental health costs include long-term psychiatric care and nursing homes, adding up to more than 40 percent of mental health spending. The $201 billion we spend on mental illness does not include the $193 billion in earnings the National Alliance on Mental Illness (NAMI) predicts we lose each year due to serious mental illness. While the findings of this study may not surprise anyone living with a mental health condition, they highlight the need for improvement.