If agents' health leads are looking for ways to lower their insurance premiums, maintaining their well-being can have a strong impact, a new study suggests.
According to a study published in the international medical research publication Population Health Management, staying in good shape has a significant impact on healthcare costs.
Researchers discovered this after recruiting more than 2,200 individuals and assigning them a well-being score, which was on a scale of 1 to 100. The higher the score, the healthier they were considered to be. The study found that for every one point increase in a well-being score, hospital admissions and emergency room visits diminished. Those with higher scores were also less likely to incur significant healthcare costs.
James Pope, lead author and vice president at Healthways, said the study speaks to the effect individuals can have on their insurance premiums by living healthily.
"The study shows that well-being is a strong predictor of near-term utilization and healthcare expenditures," said Pope. "Furthermore, it may prove to be a valuable tool for identifying individuals or groups that could benefit from programs aimed at improving well-being and for evaluating the effectiveness of such initiatives."