Monday, August 18, 2008
Five Financial Costs of American Obesity
But poor health isn't the only way Americans pay for all that extra weight, there's also a hefty financial price attached. Here are the top five costs associated with obesity:
1. Lower wages: Stanford University researchers found that obese men and women earn, on average, $3.41 per hour less than their peers. Employers tend to pay obese workers less when they're footing the bill for their insurance, researchers said, speculating that it could be an unconscious reaction on the part of the employer to having to pay higher premiums for a more obese workforce.
2. Fewer work hours: On average, obese workers tend to lose a week of work a year due to ailments related to their weight, according to the National Institute of Diabetes and Digestive and Kidney Diseases.
3. Higher medical costs: Overweight males incur medical costs that are $170 more annually than their leaner co-workers, while overweight females incur costs $495 higher than their counterparts, Finkelstein and Zuckerman write.
4. Extra air travel costs: Budget airlines such as Southwest require obese people or people who may take up more than one seat to buy an adequate number of seats on the flight. And heavier passengers burn more fuel.
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