Societal greed: Cholesterol is crippling our bodies, businesses, healthcare and economies
Wednesday, 12 January, 2011 1 Comment
If you live outwith North America you should not take any comfort from this information! This is a major cultural problem and it is, quite literally, killing us. This isn’t a tsunami, a famine or a flood over which we have no control this is something that only WE, each and every person, can change…or not!!!
I have been critical of the role FSA have played in the era leading to our financial meltdown but we can’t blame them, or Government (directly!) or Food Standards Agency for these ills
According to a new study released this week by the Society of Actuaries (SOA), the total economic cost of overweight (BMI between 25.0 – 29.9) and obesity (BMI of more than 30) in the U.S. and Canada reaches $300(1) billion per year, with 90 percent of the total – $270 billion – attributed to the U.S.
While much research has been conducted on obesity, the SOA study looked at the economic costs of overweight and obesity caused by increased need for medical care, and loss of economic productivity resulting from excess mortality and disability.
In the study, the SOA also divided the $300 billion finding into specific causes of economic costs. The figure breaks down into the following economic costs per year:
Total cost of excess medical care caused by overweight and obesity: $127 billion
Economic loss of productivity caused by excess mortality: $49 billion
Economic loss of productivity caused by disability for active workers : $43 billion
Economic loss of productivity caused by overweight or obesity for totally disabled workers: $72 billion
- Half Of the Adults in Europe Are Obese (diet-blog.com)