BEING OVERWEIGHT IS COSTING YOU $$$$$$$!
Being overweight is costing you $$$$. The higher the number is on the scale; you are paying for it in more ways than one. It’s like you are paying a penalty for added pounds by way of your insurance or the normal activities of your life.
This is according to an extensive study done by George Washington University and Duke University, respectively.
Specific to your medical insurance….
Obesity carries a price tag of $147 Billion/Year in Medical Costs but guess how much the manufacturers of the unhealthy foods spend on advertising…… just $1.5 Billion! So, for every $1 they spend on advertising, the average American is paying $100 in medical costs.
In 2008, $110 Billion was spent on fast food. Today, the average American spends just over $7/Day on fast food, soda and/or candy.
Do the math and that works out to be $2,548/Year.
So, together, the medical costs and the money spent to eat the food that is increasing our medical costs is $257 Billion/Year of our own money.
- People who are obese spend almost $1,500 more each year on health care — about 41 percent more than the healthy-weight person.
- A normal-weight individual will spend about $3,400 per year in medical expenditures and that number rises to about $4,870 if that individual is obese.
- For people on Medicare, average expenses for a normal-weight person average about $4,700 a year, while costs for an obese person range about $6,400 annually
- Among the healthy-weight population, prescription drug costs on average about $700 a year, but among those who are obese the cost rises to about $1,300 a year, an 80 percent increase
- An obese person on Medicare is going to pay $1,400 in drug costs more a year than a normal-weight person.
This means that even when you do reach a state of health where your body fat is within a healthy range, you will be paying the penalty as a result of 76+ percent of the US population that is overweight or obese.
Now that was just the medical costs. If you are overweight or obese, here are the additional ways you are draining your own pocket, directly:
- Dining out (Fast Food & Dine-In Restaurants): Everyone thinks it’s expensive to eat healthy when it would actually save you money. Just this year, America’s spending on dining out surpassed how much they spend at the grocery store. The average household spends about $600/month at the grocery store and $660/Month dining out. Spending as much as it costs to feed a family of four for one meal at the restaurant that is high in calories driven by sugars and fats.
- New, Bigger Clothes: When you gain weight, you have to buy new clothes and that can be very expensive. A study revealed the people who are obese spend a collective $30 billion annually more on clothing than people buying healthy-sized people. Some retailers don’t offer as many options in larger sizes or charges you more for larger sizes, giving you less opportunity to shop around for the best deal.
- Fad Diets, Gym Memberships & Weight Loss Products: Fad diets are frustrating and unhealthy, it also puts a dent on your pocket. Two-thirds of people (ironically two-thirds of Americans are overweight/obese) are on some type of Fad diet to lose or maintain their weight. Spending an average of $38Billion/Year on Fad Diet products, $2.6 Billion/Year on Gym memberships and $34 Billion/Year on DVD’s, Books & Supplements. We’re dropping cash but not the dropping the pounds. And if we do, 95% of us gain it right back.
- Transportation: Extra pounds can cost you more in gas money. Obese individuals pay up to $516 per year more for gasoline. The extra weight requires cars to work harder, and bigger people tend to buy larger, less efficient vehicles.
- Travel: Major airlines now have policies that “passengers of size” (their nice way of saying Fat) have to buy a second seat if they cannot lower the arm rest or use the standard seatbelt. Other airlines offer to rearrange passengers if extra seats are available, or book the larger customer on a later flight.
In summary, you are paying extra for the foods & drinks that are causing you to be overweight to end up paying to be overweight through the medications you take to slow down the ailments you are developing, the bigger clothes you need to fit the bigger size you created, the Fad Diets that you were fooled into thinking would work, the gym memberships that you may not even use, the videos-books-supplements that will only work if your nutrition is in order, the extra gas your car burns because of the increase in body weight and the extra seat you may have to buy when you’re on travel.
So, sustaining losing weight and sustaining a healthy weight saves money (actually spend less) and physiologically you improve your health thus add years to your life. And although you can still pay for the 76% of the population that is unhealthy, you can reduce your own medical costs. Both insurance companies and possibly your place of work, offer incentives for good health. Like lower premiums or contribution match to your FSA account and many other perks. It’s a win-win.
The fix seems pretty simple to me… Have a plan!
Everyone that has worked with me or continues to work with me, have all experienced improvements in their life specific to the areas mentioned above. Why? Because we have a plan. Not just a meal plan but a plan that encompasses our entire day. A plan to move more, to exercise, what to eat, how much to eat, when to eat, drink more water and to get the right amount of sleep.
Of course that plan has to be executed and that’s the hard part. At least initially. Applying the discipline to break the old habits and establish the new habits.
These new habits are not temporary or a fad, it’s a regimen to bring you back to the basics. Nothing we are doing is extraordinary, it’s basic. Very basic.
Thus money saved in all the areas mentioned and improved health… mentally, emotionally and physically!
IF YOU ARE PERSISTENT, YOU WILL GET IT. IF YOU ARE CONSISTENT, YOU WILL KEEP IT.