Celebrities, Fortune 500 CEOs, physicians and Silicon Valley billionaires have rhapsodized on how the Transcendental Meditation® technique (TM) is one of their most effective tools for health, personal performance and well-being.
In 2016, women aged 15 years and older represented nearly half (47.7%) of the Canadian labour force1.
There are many reasons why women need financial support in the form of insurance for mental health. Life happens! Family obligations, divorce, maternity leave and homelessness.
According to the Mental Health Commission of Canada’s Report, Making the Case for Investing in Mental Health in Canada2, 53.2 % of those Canadians that suffered from mental health problems were women.
Mental illness broadly costs the Canadian economy more than $50-billion and Canadian businesses lose $6-billion annually as a result of lost productivity, absenteeism and turnover.
Corporate programs or insurance plans that help address prevention and early intervention may help improve productivity levels and reduce absenteeism and disability claims associated with mental health disorders. Employers can assist employees with mental illness by providing robust resources that address.
TM is a cost-effective, non-invasive stress management tool that should be a covered benefit.
TM Practice: The Biggest Bang for the Buck
TM prevents stress so that people can maintain day-to-day functioning and experience full, meaningful lives. TM helps the body to maintain a more rested, calm and energetic style of functioning even outside of meditation, making us more resilient to stress.
The largest and quickest reductions in medical costs could be achieved by providing the TM program to consistent high-cost people. The chart below shows a 28% reduction in doctors’ bills over five years from baseline for persistent high-cost people who practised the TM technique. After the first year of meditation, the TM group’s doctors’ bills declined by 11%.
More than 240 articles have been published in peer-reviewed scientific journals showing that the TM technique improves mental and physical health. Many of these studies were randomized clinical trials and meta-analyses. Several randomized clinical trials were funded by the National Institutes of Health to examine the impact of TM on cardiovascular health. Benefits of TM
- Statistics Canada, “Table 282-0002: Labour force survey estimates (LFS), by sex and detailed age group annual (persons unless otherwise noted),” CANSIM (2017).