Economic Costs of Unhealthy Living
Loss of productivity in the workplace due to depression and anxiety is $1 trillion per year. Those who suffer depression and anxiety are often unable to attend work- which leads to employers having lower productivity. For the government, this leads to higher health welfare expenditures (World Health Organization).
Physical inactivity and obesity are responsible for 500,000 premature deaths and $100 billion in health care costs annually in the U.S (Myers, 2008).
In 2012, the medical costs of diabetes was $176 billion in the U.S., with cost of productivity lost at $69 billion. Diet and physical activity programs have been found to be cost-effective when delivered to persons at an increases risk of type 2 diabetes. When delivered in groups, these programs are considered economically efficient, especially for those with limited resources and an increased demand for services. Research has found that there is a median incremental cost-effectiveness ratio (ICER) for diet and physical activity promotion programs of $13,761 per quality-adjusted life year (QALY) (Li et al., 2015).