(Bloomberg) -- Mental illness in children costs $247 billion annually, a figure increasing along with the number of kids hospitalized for mood disorders, substance abuse and other psychiatric disorders, according to a U.S. report.

As many as one-in-five children ages three to 17 has a mentally illness, with attention deficit hyperactivity disorder as the most prevalent diagnosis, according to the report from the Centers for Disease Control and Prevention. The rate of children hospitalized for mood disorders increased 80% from 1997 to 2010, the report says, citing a U.S. study from that year.

Register or login for access to this item and much more

All Employee Benefit News content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access