Mini-Hoon: Andrea Black on our sickening workforce
Description
I spoke to Association of Salaried Medical Specialists (ASMS) Economist Andrea Black this week about a report she’s produced on the economic, social & financial costs of the worsening health of our workforce.
The 52-page report, titled Managed decline: The Health of New Zealand 2011 to 2024, details a worsening in the health of the working-age population, in particular around mental health and obesity.
Andrea used Treasury cost-benefit models to work out the potential costs to society and the economy of up to $10.6 billion per year through lost hours worked, falling productivity, presenteeism and lost taxes because of the sickening health of the workforce. She estimated that a continued worsening at the same rate would increase that loss by an extra $3.3 billion by 2035/36.
We talked about:
* How the self-rated health of New Zealanders has declined significantly.
* 80% of health determinants were outside the health system.
* How 22,000 more people are out of work due to health issues.
* Presenteeism contributes significantly to lost productivity.
* Mental health issues had a substantial economic impact.
* Social determinants like housing and income were crucial for health.
* Health impacts not only individuals but also families and communities.
These tables charts in the report tell the story:
Chapters
00:00 Introduction to Health Trends in New Zealand
03:07 Self-Rated Health: A Decline in Perception
06:05 Economic Implications of Health Deterioration
09:05 Social Determinants of Health and Community Impact
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Ka kite ano
Bernard
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