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Insurance Industry Trends
Source: Pan-American Life Insurance Group
25% people in the Americas experiences mental illness and/ or substance use disorder in their lifetime
Depression accounts for 3.3% of those disorders
A global study of the prevalence and burden of depressive and anxiety disorders due to the COVID-19 pandemic found that rates of mental health disorders increased by 20% to 40% in Latin American and Caribbean countries – some of the highest increases in the world
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