LifeStance Health (US:LFST) Prnewswireยท2025-07-22 13:00Core Insights - The survey indicates that "stressflation" is significantly impacting Americans, with 83% experiencing financial stress due to inflation, mass layoffs, rising living costs, and recession fears, particularly affecting Millennials and Gen Z [1][6] Financial Stress and Mental Health - 60% of respondents reported being deterred from seeking mental health care due to financial constraints, an increase of two percentage points from 2024 [2][6] - Individuals with high financial stress are over twice as likely to forgo mental health treatment due to cost, highlighting a mental health gap exacerbated by financial strain [2][5] Perception of Mental Health Care - 93% of Americans believe mental health care is as important as physical health care, with nearly one-third (30%) considering it more important, especially among younger generations [3][6] - The perception of mental health care's importance is shifting, with Millennials (41%) and Gen Z (37%) leading this view [6] Treatment Accessibility - Nearly half (47%) of respondents skipped therapy sessions due to cost, and financial barriers are disrupting consistent treatment, with rising grocery prices being a significant deterrent [3][10] - The percentage of respondents citing cost as a barrier to seeking mental health care increased from 58% in 2024 to 60% in 2025, with younger generations disproportionately affected [6][10] Therapy Resumption Trends - Respondents are returning to therapy more quickly in 2025 than in the previous year, with 33% resuming within a week after a cost-related break, up from 8% in 2024 [7][10] - The share of respondents going without therapy for at least a month decreased from 71% in 2024 to 56% in 2025, indicating a trend towards maintaining continuity of care despite financial challenges [10]