Financial burdens and mental health

Similar to other types of major stressors in your life, stress related to financial issues is serious, and can lead to poor mental health. Research shows that people in debt have higher rates of mental health issues like depression and anxiety than those who are debt-free. In addition, unhealthy coping behaviors such as overeating and alcohol/drug abuse are used as an escape mechanism.

If financial woes are impacting you or a loved one’s mental health, there are several ways to get help through your Pearson benefits.

  • Take advantage of MDLIVE Therapy. As a Pearson employee, you have access to MDLIVE Therapy, where you can receive behavioral health therapy right in the comfort of your own home. Learn more here.
  • The Employee Assistance Program (EAP) provides unlimited, no cost, telephonic counseling and up to five free, face-to-face sessions with a professional counselor. Visit Cigna EAP or call 1.800.593.4138 to find out more information. You don’t have to be enrolled in a medical plan or with Cigna to access the EAP.
  • Care Management Programs: These programs offered by Anthem, Aetna and Cigna provide the assistance of behavioral specialists for mental health care.
  • Psychological and psychiatric care are part of your medical plan coverage. Visit the Anthem, Cigna or Aetna websites to search for providers.

If you or someone you know is in crisis, call the Suicide Prevention Lifeline at 1-800-273-TALK (8255) to access free and confidential support 24/7.

Financial Issues Can Be Physically Harmful, Too

Physical responses to stress can drastically affect your body and lead to health issues, even if you’re not aware of it. The stress brought on by money problems can create health problems or worsen existing issues such as heart disease, insomnia, psoriasis, high blood pressure, and gastrointestinal disorders.