Nearly every American knows of someone living with a mental health condition, whether a friend, a family member or their own experience. One in five American adults has experienced a mental illness in the last year, and half of all Americans will experience a mental health condition in their lifetime. But nearly 60 percent of those currently living with these conditions go untreated.

While many of us are familiar with the emotional toll of mental health conditions, especially when they go untreated, the financial toll is also staggering — for both individuals and those they rely on for health care.

About half of all Americans still get their health insurance through their employer, and companies are waking up to the costs of mental health conditions — both treated and untreated. Depression alone is responsible for $44 billion annually in lost productivity. According to the federal Substance Abuse and Mental Health Services Administration, mental health treatment costs are $100 billion annually, accounting for 6.4 percent of the $1.6 trillion spent annually on health care in the United States.