Lose Weight, Save Money
In people who are overweight or obese, weight loss is associated with cost savings – at any age – according to a study from the Johns Hopkins University Bloomberg School of Public Health. Researchers report that these savings, which can be significant, peak at about age 50.
Results of the study suggest that a 20-year-old adult who goes from being obese to a healthy weight will save about $28,020 in medical costs and productivity losses over their lifetime. If the same individual goes from being obese to overweight, he or she will save an average of about $17,655. Weight loss in a 40-year-old adult can lead to an average savings of about $31,447 (obese to normal weight) or $18,262 (obese to overweight). At 50, the average lifetime savings associated with weight loss is about $36,278.
Higher costs related to being overweight or obese include medical costs due to increased risk for diabetes, heart disease, and several types of cancer; absenteeism, including the cost of missed work days and their effects on other employees; and health insurance premiums, because insurers must spread the extra costs, increasing premiums.