Cost to Corporations

Healthcare cost to employers for employees globally was $300bn in 2019. Globally, major employers are struggling to restrict the growth of employee benefit costs. The average workplace has demonstrated a prevalence of clinically validated health risks that arise out of lifestyle and behavioural factors.Source: 2019 Frost and Sullivan report Global Employee Health Management IT Market, Forecast to 2024.

Cost to Health Service

Chronic disease to cost $47 trillion by 2030: World Economic Forum. The WEF study, which was conducted with Harvard School of Public Health, found the cumulative costs of heart diseases, chronic respiratory diseases, cancer and diabetes in these poorer countries are expected to top $7 trillion in 2011-2025, an average of nearly $500 billion a year. Mental health, which is typically left off lists of leading NCDs, will account for $16 trillion -- a third of the overall $47 trillion anticipated costs. NCDs “have the potential to not only bankrupt health systems but to also put a brake on the global economy.Source https://www.reuters.com/article/us-disease-chronic-costs-idUSTRE78H2IY20110918

Cost to Individual

Research shows household with chronic disease patient spend more of their monthly household income on health. The indirect costs of illness are loss of productivity for patients and caregivers. In most cases, a chronic disease affects every aspect of a person's life. This can include physical and mental health, family, social life, finances, and employment. Chronic diseases can also shorten a person's life.