Case Study: Leading Aerospace Manufacturer achieves 39% mental health care cost savings with Lyra Health

How an Aerospace Company Delivered Topflight Mental Health Benefits & Saved 39% on Care Costs

Leading Aerospace Manufacturer, a pioneer with 15,000+ employees, was shouldering a large share of costly mental‑health claims while employees faced significant barriers to finding in‑network behavioral health care. To solve this gap, the company turned to Lyra Health and its mental health benefits platform to provide faster, higher‑quality access to therapy, psychiatry, coaching, and digital tools.

Lyra Health deployed a tech‑enabled care platform that matches members to vetted providers and enables quick booking; within two years the partnership reduced the company’s mental health care spend by 39% (~$1.15M), 98% of members who searched were instantly matched, the average time to first appointment was five days, 79% of treated members improved or recovered, and 92% reported being satisfied or highly satisfied.