Weight Loss Can Save You Money

When a lot of people talk about their reason for losing weight it usually has something to do with their physical appearance or better overall health. While both of these are valid reasons for wanting to lose weight there is another often overlooked benefit and that is saving money. Weight loss can also provide a financial benefit.

How Weight Loss Can Save You Money

As of 2016, roughly 40% or over 93 million people in the US were considered to be obese. This portion of the population is subjected to a much higher risk of obesity-related conditions such as type 2 diabetes, heart disease, stroke, and certain types of cancer. The cost associated with these preventable diseases was $147 billion or over $1400 per person each year due to an increased number of doctor visits and prescription medications.

You are also hit with hidden, indirect costs, too. Consider your life insurance premiums if you aren’t purchasing through a group plan. You are usually required to complete a physical exam before a policy is issued and some life insurance companies look directly at your Body Mass Index or BMI. If it is out of what is considered to be a normal range you will pay what is known as a lifestyle surcharge on top of the normal premium.