Simple preventive health interventions could substantially reduce healthcare spending while improving economic productivity over the next 15 years, according to a new report from the World Economic Forum. The report estimates that three scalable measures including fall prevention in older adults, increased physical activity, and broader access to hearing aids could reduce global healthcare costs by more than USD 5.8 trillion and generate an additional USD 645 billion in productivity by 2040. Among the interventions, home modifications aimed at preventing falls are projected to have the greatest economic impact.
Low cost measures such as installing grab bars, improving stair lighting, and securing loose rugs could save an estimated USD 5.4 trillion in healthcare costs worldwide by 2040 with a relatively modest upfront investment. The report also highlights the potential value of…
