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Inflation & Health Behavior
Where in-depth data meets deep expertise
A version of this article was previously published in Harvard Business Review. Read it here.
As inflation hit a 40-year high over the summer of 2022, many Americans continue to face tough decisions on how to tighten budgets, even cutting medical care at the expense of their health.
For the 37 million American adults living with diabetes and 116 million managing hypertension, deciding to skip appointments or prescriptions can be life-threatening. However, physician visits and pharmacy pick-ups merely scratch the surface of inflation’s impact on health behavior. Unhealthy short-term decisions can have surprisingly negative long-term effects.
"Maybe you've got your health coverage, but vulnerable people, like people with chronic disease, need constant maintenance of their disease, especially the cardiometabolic conditions."
- Zhou Yang, Ph.D., Omada Health’s Principal Health Economist
Health Behaviors are Driven by Finances
Is healthcare seen as a luxury that can be cut from a person’s life? What about health behaviors, such as nutrition and fitness, which play a major role in health outcomes? While healthcare costs can be difficult to pin down in economic terms, it is clear that people’s financial situations and emotional states have a direct impact on their health.
Learn about inflation’s impact on health behavior and outcomes, and how Omada helps members manage chronic conditions during times of uncertainty.