Evidence is growing that daily use of supplements can decrease national healthcare costs. In a new article published in the Journal of Dietary Supplements, researchers explore a cost-benefit analysis that, when applied to at-risk populations who take supplements, shows a reduction in the odds of individuals experiencing a costly medical event.
The publication of this article follows a ‘game changing’ economic report released in September last year, which concluded that supplements could save billions of dollars in healthcare costs in the United States. Prepared by market research experts Frost & Sullivan, it presents a strong economic case that targeted dietary supplementation regimens can help control rising healthcare costs and produce considerable health insurance savings.
Use of specific dietary supplements can have a positive effect on health care costs through avoided hospitalisations related to Coronary Heart Disease (CHD), according to a new analysis.
The article published in the Journal of Dietary Supplementslooks at the cost versus benefit, when applied to a high-risk population (US adults over 55 with CHD) who take dietary supplements specifically omega-3 fatty acid or B vitamin dietary supplements and finds that supplementation can result in the reduction of the individuals risk of experiencing a costly medical event.
According to the authors analysis:
- If every high-risk person in the target population were to take B vitamins at preventive intake levels daily, there would be an average of $1.5 billion in avoided expenditures per year and a cumulative of $12.1 billion in avoided expenditures between 2013-20.
- This is a relatively low-technology, yet smart, approach that can be used by consumers, physicians, employers, and …
At the global level, the potential savings to be made from these types of preventative strategies are truly astronomical. A study published in 2011 by the World Economic Forum (WEF) found that the total economic impact of just the five leading chronic diseases alone – cancer, diabetes, mental illness, heart disease, and respiratory disease – could reach $47 trillion by 2030. Following the publication of this study, the WEF’s senior director of health admitted publicly – as we ourselves have been saying for many years now – that this outcome has the potential to bankrupt national healthcare systems.
As such, with a recent report commissioned by the International Centre for Monetary and Banking Studies warning that record levels of world debt threaten to trigger a new financial crisis, the time to act is now. With millions of lives and national economies at stake, we urge you to share this important information as widely as possible through your personal contacts and social networks. As we have said many times in the past, a new healthcare system is possible – but it depends on all of us, acting together, to bring it about.
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