How would you feel about having an extra $31,447 in your pocket? Well, according to findings in a new John Hopkins Bloomberg School of Public Health study, that is the average savings in direct medical costs and productivity losses that a 40-year-old adult could expect to see by going from obese to normal weight.
But the study also found that cost savings is apparent for adults at any age group. A 20-year-old adult who goes from obese to healthy weight would see an average savings of $28,020 over their lifetime. After age 50, the largest cost savings occur when an individual with obesity moves to the normal weight, with an average savings of $36,278.
Think about what someone could if they lost all their unhealthy weight and re-allocated the money they would have spent on health care costs toward savings. They could buy a brand new car… a down payment on a house… a vacation around the world… college tuition for their kids. Why continue to allow obesity to hold our lives back?
There is already a wealth of research that illustrates how obesity and related comorbid conditions affects health care costs, workplace productivity, and job absenteeism. The estimated annual health care costs of obesity-related illness are a staggering $190.2 billion or nearly 21 percent of annual medical spending in the United States. This narrative really brings those numbers home to a more personal level when we take a look at what those costs look like for an individual.
“Most previous models have taken into account one or a few health risks associated with obesity. Subsequently, the forecasted costs may be unrealistic,” says Saeideh Fallah-Fini, PhD, a former GOPC visiting scholar who was part of the research team. “In our study, the model we developed takes into account a range of immediate health complications associated with body weight, like hypertension or diabetes, as well as all major long-term adverse health outcomes, including heart disease and some types of cancer, in forecasting the incremental health effects and costs to give a realistic calculation.”
Achieving a healthy weight provides financial benefits to any individual, medical practice, hospital, or company — it’s a win/win for any person, across any industry and population, and now it’s easier than one might think to put into practice. If you are ready to start reducing health care expenses by treating obesity, take a look at these two opportunities below to learn more and get started: