Leveraging workplace health for economic growth

Solving economic inactivity

clock • 3 min read

Rebecca Ward, assistant director and head of health and protection, ABI, discusses how the Budget will impact economic growth and spur protection and health.

A key driver of economic growth is a thriving and productive workforce.  With Office for National Statistics (ONS) data showing that 2.8 million working-age people are out of work due to long term ill health, with bleak predictions that those numbers are set to increase, the UK is faced with an urgent need to improve the health of the working population.  The government can do this by supporting the uptake of health and protection products and leveraging insurers' strong economic interest in keeping people healthy and in work, a move that benefits workers, employers and the economy al...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

New chief exec for Medicash

New chief exec for Medicash

Andrew Healy MBE to take the role

Cameron Roberts
clock 19 December 2024 • 1 min read
Cirencester Friendly achieves PDG Charter status

Cirencester Friendly achieves PDG Charter status

Eighth insurer in 2024

Cameron Roberts
clock 19 December 2024 • 1 min read
2024 in review: Provider reflections on a year of 'recovery'

2024 in review: Provider reflections on a year of 'recovery'

Focus on IP growth, Consumer Duty and prevention

Jaskeet Briah
clock 18 December 2024 • 5 min read