WEF Links Health and Wealth: Report Highlights $6 Trillion Savings Through Preventive Healthcare by 2040
According to a World Economic Forum report, low-cost preventive health measures could save the global healthcare system more than $6 trillion by 2040.
According to a study by the World Economic Forum (WEF), implementing cheap preventive health measures can save health care systems about $6 trillion globally by 2040.
Moreover, the report estimates that the use of such measures can result in additional productivity worth about $645 billion. Among the ways to cut costs is fall prevention at homes, increased physical activity, and easy access to hearing aids.
The report, entitled “The Longevity Dividend: The Business Case for Linking Health and Wealth”, suggests that governments and private companies should not think of health and wealth as two distinct phenomena but rather consider preventive health care as an economic investment.