Employee Benefit Advisor January 6, 2021
The COVID-19 pandemic has forced policymakers, employers and individuals to take swift and far-reaching action, as exponential infection rates caught our attention and demanded a response.
However, the sobering reality is that COVID-19 is the proverbial tip of the health burden iceberg. It is an accelerated cautionary tale of what is to come if we choose to ignore the slow-growing lifestyle-related diseases lurking and growing under the surface.
In a typical year, lifestyle-related disease costs the global economy 43 working days per person due to poor health and premature death; 5% productivity loss per worker with chronic conditions; and 15% of gross domestic product – which is two to five times more than the expected GDP impact from the pandemic....