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Friday, May 18 • 5:15pm - 6:15pm
217-Socioeconomic Disparities in Mental Health and Financial Conditions

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Rajashri Manjunath - The purpose of this undergraduate research project is to clarify the relationships between socioeconomic factors, mental health and financial well-being. Using data from the National Health Interview Survey (Center for Disease Control and Prevention), this study examines the relationship between self-rated mental health and financial well-being indicators such as bill payment difficulty, and general attitudes and concerns regarding financial management. Other factors such as insurance coverage and healthcare utilization are also analyzed for socioeconomic disparities across the subgroups (race, gender, income class, employment status, education levels). The preliminary results show that historically disadvantaged groups (i.e. less educated, lower income, ethnic minorities, and women) report more mental health issues. Those who report financial worries and claim to use financial coping strategies—such as working multiple jobs and skipping meals—report lower mental health status. This study has implications for both financial and mental health counseling. Programs should specifically target those with disadvantages to raise awareness and remove stigmas associated with both mental health and negative financial situations-


Friday May 18, 2018 5:15pm - 6:15pm
Island 1

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