5 NAMI notes that:Ī mental health condition isn’t the result of one event. The National Alliance on Mental Illness (NAMI) uses the terms “mental health conditions” and “mental illness/es” interchangeably.

Psychotic disorders – schizophrenia, delusional disorder, schizoaffective disorder.

Anxiety disorders – posttraumatic stress disorder, for example.

Mood disorders – depressive disorders, bipolar disorders.

It is helpful to be aware of other terms that are often used as part of broader categories of mental health conditions.

Major depressive disorders ≈ major depression.

Bipolar disorders ≈ manic–depressive disorder/manic depression.

Some terms related to SMI are used interchangeably: What is Considered a Serious Mental Illness? As a result, chronic mental illness was changed to severe and persistent mental illness, and later to serious mental illness. They felt it suggested that some forms of mental illness are intractable. Federal use of the term “chronic mental illness” ended after consumers and advocates argued that the term had negative connotations. It was meant to help states – that were applying for grant funds to support mental health services – estimate the incidence and prevalence of SMI. Department of Health and Human Services (HHS). 4 This definition was created by the U.S. The federal definition of serious mental illness is the result of a mandate from the 1992 Alcohol, Drug Abuse, and Mental Health Administration Reorganization Act. This estimate is close to what CMHS and NIMH found. Using that definition, they concluded that 3% of adults have severe mental illness. 3 It stipulated that “severe mental illness” is defined through diagnosis, disability, and duration, and includes disorders with psychotic symptoms such as schizophrenia, schizoaffective disorder, manic depressive disorder, autism, as well as severe forms of other disorders such as major depression, panic disorder, and obsessive compulsive disorder. The Senate Appropriations Committee asked the National Advisory Mental Health Council to report on how much it would cost to provide insurance coverage for people with “severe mental illness” commensurate with the coverage of other illnesses. Other Efforts to Define Serious Mental IllnessĪnother effort to define serious mental illness and calculate the number of people it affects took place in 1993.

A subset of bipolar disorder classified as “severe”.

A subset of major depression called “severe, major depression”.

In 2008 data, the National Institute of Mental Health (NIMH) concluded that serious mental illness (SMI) affects 4.4% of the population over 18. They defined SMI as mental illnesses listed in the DSM that “resulted in functional impairment which substantially interferes with or limits one or more major life activities.” To calculate how many adults in each state had SMI, CMHS had to define “functional impairment.” After doing that, CMHS noted that “90% either have a severe disorder like schizophrenia or bipolar disorder, or a disorder and work impairment, or a disorder and report being suicidal.” In the early 1990s, the Center for Mental Health Services (CMHS) had to define serious mental illness when it was created.They had to do this in order to distribute mental health block grants that were proportional to the number of cases of SMI in each state. Several national efforts to define SMI came to similar conclusions and arrived at similar estimates of the number of people that SMI affects.

The line between serious mental illness (SMI) and other mental health concerns can at times be confusing. each new transaction involving a stock included in the SMI causes the index to be recalculated.How Did the Definition of Serious Mental Illness Evolve? Calculation takes place in real time, i.e. On 30 June 1988, the SMI was standardized at 1'500 points. This makes the SMI fully compliant with the ESMA UCITS guidelines and it can be used as a benchmark index for the Swiss equity market in the European Union.īecause the SMI represents the Swiss equity market, it is used as an underlying index for many financial products such as options, futures, structured products and exchange traded funds. A capping of the weights (quarterly to 18% in each case and ad-hoc if the limits are breached) ensures that no two components exceed a weighting of 20%. It is free-float-adjusted, which means that only the tradable portion of the shares is considered in the index. The SMI covers approximately 75% of the total capitalization of the Swiss equity market. The blue-chip index SMI is the most important equity index in Switzerland and comprises the 20 largest stocks from the SPI. The index offering from SIX includes various equity, bond, real estate and strategy indices as well as customized indices.

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