The following post by Glenna Crooks, PhD, founder and President of Strategic Health Policy International, Inc, is part of Disruptive Women’s “The Value of Health: Creating Economic Security in the Developing World” series.
Glenna Crooks solves some of the toughest health care problems of our times by distilling chaos and complexity into recognizable and easily digestible, action-oriented insights. Her clients, businesses and governments around the world, have used her Centricity Principle™ approach to create successful organizational, national and global transformational strategies.
It has been long recognized that the
growth of a nation’s economy improves the
health of its people.
The converse is also true. Improving health is an economically wise and productive investment.
In fact, that’s the reason that health systems were established – by the King and the employer – documented as far back as 4,000 years ago.
There is good news to today’s world: a positive cycle of gains in both health and economic security occurs as either one is improved.[1]
Have we taken the value of health for granted? I think so and find that especially the case among those of us in the health community. We talk endlessly about improving health outcomes as if those outcomes were an end in themselves. We have fallen victim to the notion that health expenditures are a cost, rather than an investment. We have forgotten our origins in economic growth and security. We have set our sights too low.
It’s high time we set higher goals. Disease creates barriers and slows progress towards economic status and security. As health improves, people experience both immediate and long-term economic benefits. Individuals become more productive; they enhance not only the quality of their lives but their capacity to enrich economic well-being.[2] “Health is an economic engine.”[3] This is true not only for individuals but also for families and societies.
World Health Organization (WHO) and World Bank benchmark reports outline the relationship between good health and economic development; good health is not only a means to reduce poverty, but also a means to accelerate national and personal economies.[4],[5]
- Individual health increases personal productivity and earnings. Extending healthy years of life increases the number of working, income-earning years. Healthier workers are more productive economically during their working years as well.
- Good health reduces the funding required to treat disease, allowing people and nations to invest in other needs.
- A healthy population encourages foreign investment, technology transfer, and facilitates access to global markets.[6]
- Healthy children are more prepared for school, miss fewer days of school, attend school for more years, and learn more while in school. In addition, longer life span is associated with more years in school and each year of schooling results in a 15% higher starting wage and a doubling of the rate of subsequent salary increases.[7]
- Natural resources previously inaccessible due to disease (e.g., agricultural acreage unusable because of malaria) are made available for production and farming.[8]
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