Fortune July 8, 2020
COVID-19 has forced health onto the agenda of every business around the world. Companies must address health and safety risks as health regulations and market conditions continue to shift. It’s understandable that many business leaders can’t wait to get back to “normal.” But retaining a focus on health can deliver lasting economic benefits.
Here’s why: The pandemic and its effects are forecast to cost the global economy up to 8% in real gross domestic product this year alone, but each year poor health costs twice as much, around 15% of global real GDP from premature deaths and lost productive potential.
Now consider the flip side: Investing in better health can boost the economy and increase productive capacity now when we...