| Unlike their slimmer colleagues, overweight individuals are faced with a myriad of difficulties. From frequent visits to the doctor’s office to extra fees in air travel, overweight people are imposed with numerous living costs. Diabetes, osteoarthritis and a host of other weight-related disorders/medical conditions are the extra costs and inconveniences faced by the overweight.
A report released in the journal of Health Affairs analyzed the expenses of health care for obese adults to the “normal-weight” of other adults. The finding showed that overweight people incurred more than 5o percent in medical and lifestyle expenses then slimmer counterparts. For instance, obese people pay more for private health insurance than adults who were deemed to be a normal-weight. Today, the price of healthy insurance has tripled.
Another study published in the Journal of Economics and Human Biology found a direct correlation in costs for people who lost, gained weight with gaining or losing financial independence. Data was compiled from the U.S. Bureau of Labor Statistics' National Longitudinal Survey of Youth (NLSY).
Body mass index or (BMI) is an approximated measure of excessive weight an individual carries. The analysis determined that reducing one BMI by almost six points could result could improve one’s financial status by more than four thousand dollars. Moreover, the study noted that the more a person reduced their BMI, the more the subject could enhance their wealth. For instance, participants who reduced they BMI by 10 points, could enhance their personal finances by as much as a $12,000.
Overall, a single -unit of increase in an individual's BMI was related to an 8 percent or $1,300 wealth reduction; however, the changes are contingent upon a person’s gender and ethnicity.
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