Business wire
Launch coincides with Blue Monday, addressing rising healthcare costs projected to increase by 9% in 2025
Mental Health Savings Calculator Powered by TARA Mind Launches to Help Employers Combat Corporate America’s $193 Billion Treatment-Resistant Depression (TRD) Crisis
Media Contact:
Chris Gaube, CMO
chris.gaube@taramind.com
media@taramind.com
TARA Mind, a leader in transformative mental health solutions, is taking decisive action to address the mounting mental health crisis in the U.S. workforce with the launch of its new Mental Health Savings Calculator.
Released in the wake of Blue Monday, widely regarded as the "most depressing day of the year," the calculator is the first tool of its kind designed to help employers and HR professionals quantify the personal and financial toll of untreated mental health conditions—particularly Treatment-Resistant Depression (TRD)—while exploring cost-saving opportunities through evidence-based solutions like Ketamine-Assisted Therapy (KAT).
With U.S. healthcare costs projected to rise 9% in 2025, and untreated mental health conditions costing businesses $193 billion annually in lost productivity, absenteeism, and increased healthcare expenses, the need for actionable solutions has never been greater.
"Mental health challenges, especially treatment-resistant depression, are not just personal struggles—they're economic crises for employers," said Marcus Capone, founder and CEO of TARA Mind. “The Mental Health Savings Calculator empowers employee benefit leaders to take a proactive approach, demonstrating that investing in innovative, evidence-based therapies doesn’t just reduce costs—it saves lives and transforms workplaces.”
Key Features of the Mental Health Savings Calculator:
- Customizable Data Inputs: Employers can input workforce-specific data or use industry benchmarks to generate cost and savings analyses tailored to their organization. The tool is exclusively available as a desktop app to optimize comprehensive data inputs and analyses.
- Actionable Insights: Provides tailored recommendations for reducing mental health-related costs and improving workforce productivity.
- Clear ROI: Quantifies potential financial savings, showing how solutions like those offered by TARA Mind can lower medical costs, reduce presenteeism, and minimize turnover rates.
- Accessible and Free: The calculator is open-source and requires only an email for access.
"The leading medical institutions in the U.S. have called on the federal government and commercial insurers to provide affordable access to these life-saving mental health therapies," said Brian Dolan, President of TARA Mind. "Employers have a unique opportunity to lead by adopting innovative solutions that deliver measurable results. This calculator not only quantifies cost savings but also underscores the profound impact these therapies can have on employee well-being and organizational success."
TARA Mind’s collaborative care platform integrates advanced diagnostics, patient-centered support, and specialized treatments like KAT to address TRD. By bridging the gap between traditional approaches and groundbreaking therapies, the company is setting a new standard for mental health benefits in Corporate America.
For more information on the Mental Health Savings Calculator powered by TARA Mind, visit https://calculator.taramind.com.
About TARA Mind
Co-founded in 2023 by former Navy SEAL Marcus Capone, TARA Mind is dedicated to connecting individuals with the mental health therapies they need through innovative employer benefit programs and world-class provider networks. Through its collaborative care platform, TARA Mind facilitates access to safe, clinically guided treatments that improve outcomes for Treatment-Resistant Mental Health conditions.
For more information visit www.taramind.com.
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