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Affective Disorders (Depression) Cost in Australia

Lifetime risk: 1 in 6 Australians will be diagnosed with Affective Disorders (Depression)

Cost Breakdown

Treatment Costs
  • Psychiatry session$450

Source: Zurich Cost of Care Volume 2. Costs are averages and may vary based on individual circumstances.

Risk Statistics

Lifetime Risk
1 in 6
Current Cases in Australia
3.2M
Key Statistics
  • Relapse Rate: 30-50% of those who initially recover
  • Recovery Rate: Up to 50% within first six months
  • Male Prevalence: 5.3%
  • Female Prevalence: 7%

Source: Zurich Cost of Care Volume 2. Statistics represent Australian population averages.

Financial Impact

Mental health specialist psychology services have the highest median out of pocket costs per person. Indirect spending includes non-health services and social costs (e.g. family breakdown and legal costs).

Recovery Period
Variable, can be episodic
Average Days Off Work
75 days/year

Insurance Coverage Considerations

Income Protection

Standard Priority

People with Affective Disorders (Depression) take an average of 75 days off work per year. Income Protection provides 70% income replacement during recovery and treatment periods.

Important: The information above is based on average costs and factual data. It does not take into account your individual circumstances, needs, or financial situation.

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This is general advice only and does not take into account your individual circumstances, needs, or financial situation. You should consider the appropriateness of this general advice before acting on it. Please read the Product Disclosure Statement (PDS) before making a decision. Consider seeking personal advice from a licensed financial adviser. AR: 1244847 | AFSL: 246623

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Important Information

Cost estimates are from Zurich Cost of Care Volume 2 research and represent averages. Your actual costs may vary.

Insurance coverage recommendations are general in nature. This is general advice only and does not take into account your individual circumstances. Speak with a licensed adviser to determine appropriate coverage for your situation.

AR: 1244847 | AFSL: 246623

Source: Zurich Cost of Care Volume 2 (Released June 2024)