Astiva Health Inc. Dedicated to Serving Growing Number of Older Adults Facing Mental-Health Challenges

• Many older adults are at risk of developing mental-health conditions, including depression and anxiety disorders
• NCOA reports that “fewer than 50% of older adults with mental and/or substance-use disorders receive treatment”
• Astiva Health is committed to providing strategic, enhanced mental-health services for seniors to help them identify and effectively treat mental-health challenges

As baby boomers continue to reach their “golden” years, the number of older adults grappling with mental illness also continues to increase. Astiva Health is committed to providing enhanced mental-health services for its members, as more seniors face mental disorders.

“The world’s population is ageing fast,” reports the World Health Organization (https://ibn.fm/ghYHj). “In 2020, 1 billion people in the world were aged 60 years or over. That figure will rise to 1.4 billion by 2030, representing one in six people globally. By 2050, the number of people aged 60 years and over will have doubled to reach 2.1 billion. The number of persons aged 80 years or older is expected to triple between 2020 and 2050 to reach 426 million.”

While most of these aging adults enjoy good health, many are at risk of developing mental-health conditions, including depression and anxiety disorders. “Around 14% of adults aged 60 and over live with a mental disorder,” WHO reported. “According to the Global Health Estimates 2019, these conditions account for 10.6% of the total disability among older adults. The most common mental-health conditions for older adults are depression and anxiety. GHE 2019 shows that globally, around a quarter of deaths from suicide (27.2%) are among people aged 60 or over.”

The National Council on Aging (“NCOA”) has reported that the stressors caused by the COVID-19 pandemic have increased mental-health service needs for older adults (https://ibn.fm/5RtlR). “Fewer than 50% of older adults with mental and/or substance-use disorders receive treatment,” the agency reports. “Improving mental health care for older adults requires changes such as strengthening the mental health workforce, continued expansion of Medicare coverage of tele-health visits, parity between physical and mental health care, and increased Older Americans Act funding.”

In another report (https://ibn.fm/CPiZK), the NCOA noted that “barriers that keep many older adults from accessing supportive mental health services include denial, lack of information or knowledge, personal financial imitations, limited state and federal funding, waiting lists and biases. Yet overcoming those barriers is key to improving older adult mental health.” The agency emphasized that access to mental health services can allow older adults to live independently and improve quality of life and that there is a need for more mental-health and substance use disorder providers that specialize in older adults.

“Meet older adults with mental services where they are instead of expecting them to navigate complex systems and requirements,” the report noted. “And understand the impact of isolation on physical and mental health for older adults.” Numerous studies (https://ibn.fm/hunh4), have shown the impact that community support has on both the physical and mental health of seniors (https://ibn.fm/L4aha).

Dedicated to meeting its older members where they are, Astiva Health offers a dynamic and innovative Medicare Advantage Prescription Drug (“MAPD”) health plan focused on reshaping the landscape of personalized and comprehensive healthcare. The company is committed to providing strategic, enhanced mental-health services for seniors to help them identify and effectively treat their mental-health challenges.

Astiva Health cares about its members and works to establish lifelong relationships with members by providing a tailored approach to healthcare. That tailored approach includes offering multilingual solutions for customer service, marketing materials and educational resources. Founded in southern California, Astiva Health has strategically positioned itself in a region with a dynamic and diverse population. The organization’s extensive network and culturally responsive approach to healthcare make it well-suited to cater to the needs of the local community, creating a competitive advantage in the market.

For more information, visit the company’s website at www.AstivaHealth.com.

NOTE TO INVESTORS: The latest news and updates relating to Astiva Health are available in the company’s newsroom at https://ibn.fm/Astiva

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