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

Steve Bridger to join Aviva GI

Steve Bridger to join Aviva GI

Matt McGill to takes the role

Cameron Roberts
clock 28 April 2025 • 1 min read
The COVER Review: Swiss Re Group Watch 2025, IPT and mental health

The COVER Review: Swiss Re Group Watch 2025, IPT and mental health

Week commencing 21 April 2025

COVER
clock 25 April 2025 • 1 min read
Bupa to open 70 UK mental health centres

Bupa to open 70 UK mental health centres

Face-to-face talking therapies

Jaskeet Briah
clock 24 April 2025 • 2 min read