"While life expectancy is growing, the average American can expect to spend nearly 12 years in poor health, and lifestyle diseases including heart disease, cancer, stroke and diabetes are now leading causes of death, driving unprecedented expense and tremendous strain on individuals and their families. In 2024, 90% of the nation's $4.9 trillion in annual healthcare spending was attributable to chronic and mental health conditions, and projections suggest that by 2030, more than 80 million Americans will live with three or more chronic diseases."
"The trends are concerning, to say the least, and the compounding impact on our communities and our economy is immense. But there are rays of hope. Advances in personal health technology, prevention strategies, and early detection and screening methodologies offer promising opportunities to intervene earlier and improve long-term outcomes. With widespread adoption of these new tools and cross-sector collaboration to make them more accessible we can change the course."
Life expectancy is growing, but the average American can expect nearly 12 years in poor health. Lifestyle diseases such as heart disease, cancer, stroke and diabetes are leading causes of death and drive expense. In 2024, 90% of the nation's $4.9 trillion healthcare spending was tied to chronic and mental health conditions. Projections estimate that by 2030 more than 80 million Americans will live with multiple chronic diseases. Failure to use recommended preventative care costs the U.S. about $55 billion annually. Advances in personal health technology, prevention, early detection, and cross-sector collaboration can enable earlier intervention and improve long-term outcomes. Insurers can create holistic solutions to support healthier longevity.
Read at Fortune
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