Health care costs continue to rise, and it can feel as though there is nothing you can do to combat the expenses—but there is. Taking control of your overall well-being can lower your health care costs.
According to the Centers for Disease Control and Prevention (CDC), 86% of the nation’s health care costs go to treating chronic conditions. Obesity, heart disease, and Type 2 diabetes are a few of the most common chronic health conditions. Medical care for obesity alone costs the United States roughly $147 to $210 billion every year.
Risk factors for chronic diseases and other health problems can be managed through lifestyle choices. According to the CDC, risk factors include inactivity, smoking, high cholesterol, obesity, elevated blood pressure, and diabetes. The Medical Expenditure Panel Survey, conducted by the Department of Health and Human Service’s Agency for Healthcare Research and Quality, found that people who have four or more of the listed risk factors rack up an average of $3,116 more on medication costs alone than those with one or less of the risk factors.
Making changes to your lifestyle can help prevent or lessen the severity of health issues, which may result in fewer health expenses and improved well-being.
What Is Well-being?
At its most basic level, well-being refers to feeling good and maintaining a healthy lifestyle. Achieving total well-being may seem unattainable, but it’s a continuous goal that everyone should be striving for. Physical, mental, social and financial well-being are four components that make up your overall well-being.
501 Bell St.
Dubuque, IA 52001
Phone: (563) 556-0272
An AssuredPartners Agency
In February 2020, The Friedman Group joined AssuredPartners, the 11th largest insurance brokerage in the U.S. This partnership provides us access to additional capital and a national footprint that enables us to continue to negotiate the most favorable coverage terms and conditions for our clients, and allows us to provide an even broader spectrum of risk management support services.