​The Health and Wealth Connection

"Opportunities for Investment Across the Life Course

"If you want to lower my blood pressure, help me pay my electric bill.”  reference

People's relationship with money impacts their health. Far beyond health care access and affordability, wealth and numerous social factors related to where people live, work, and play impacts a person’s health. Data indicates assets, income, and health are inexorably linked.

On the one hand, good health is associated with higher wealth and income, better employment and education. On the other hand, we know that adults with more financial resources have better health and live longer lives.

Throughout one’s course of life, the challenges of health and wealth are connected — but why aren’t the solutions?

 

The Brief 

AFN is proud to share its latest brief on the relationship between wealth and health, The Health and Wealth Connection: Opportunities for Investment Across the Life Course.

People's relationship with money impacts their health. Data indicates assets, income, and health are inexorably linked. On the one hand, good health is associated with higher wealth and income, better employment and education. On the other hand, we know that adults with more financial resources have better health and live longer lives. Throughout one's course of life, the challenges of health and wealth are connected.

The Brief, Executive Summary, and companion Discussion Guide available to AFN Members (contact Abby Hughes Holsclaw, abby@assetfunders.org to obtain) and the webinar are generously supported by The Baptist Health Foundation of San Antonio, the California Wellness Foundation, JPMorgan Chase & Co., and The Richmond Memorial Health Foundation.

Nationally via live webinar, along with Grantmaker Roundtables in cities across the US, we will explore how health and wealth are connected and discuss how health impacts are more significant for low-income, vulnerable populations particularly people of color. The authors will share compelling evidence for investment in strategies and policies that consider both the physical well-being and economic stability of individuals, families, and communities. 

READ THE BRIEF  |  READ the Executive Summary

JUST RELEASED - WORKSHEET:  The Relationship Between Health & Wealth Life Course worksheet depicts various health/wealth connections across a life course continuum from prenatal and early childhood through older adulthood, and encourages funders to strategically consider the investment opportunities and partners with whom to work with throughout each life stage.

 

Webinar: presentation with the authors

People's relationship with money impacts their health. Data indicates assets, income, and health are inexorably linked. On the one hand, good health is associated with higher wealth and income, better employment and education. On the other hand, we know that adults with more financial resources have better health and live longer lives. Throughout one's course of life, the challenges of health and wealth are connected.

The February 28, 2017 Webinar featured the new AFN Grantmaker Brief, The Health and Wealth Connection: Opportunities for Investment Across the Life Course, and highlighted the opportunity funders have to bridge interests and cross silos to make stronger connections between wealth building, economic security, and prevention and health outcomes. 

Speakers included authors Jason Q. Purnell, PhD, MPH, Washington University and Anjum Hajat, PhD, MPH, School of Epidemiology, University of Washington; with respondents Padmini Parthasarathy, The California Wellness Foundation and Colleen Briggs, JPMorgan Chase & Co.; moderated by Abby Hughes Holsclaw, Director of Membership Engagement, Asset Funders Network.

Click here to view the webinar recording
Click here for the Slideshow (PDF)


 

RESOURCES - LEARN MORE

“Financial Health is Public Health” in What It’s Worth published by the San Francisco Fed and CFED (2015)

“U.S. Health in International Perspective: Shorter Lives, Poorer Health”;  (PDF – Report Brief) by the National Research Council and Institute of Medicine (2013)

“The Making of Ferguson” by Richard Rothstein (2014)

“For the Sake of All: A Report on the Health and Well-Being of African Americans in St. Louis—and Why It Matters for Everyone” (2014) (report and more information available at http://forthesakeofall.org)

“Giving Everyone the Health of the Educated: An Examination of Whether Social Change Would Save More Lives Than Medical Advances”,  Steven H. Woolf, Robert E. Johnson, Robert L. Phillips, Jr, and Maike Philipsen, American Journal of Public Health

"Staying at Home: The Role of Financial Services in Promoting Aging in Community", Karen Kali and Robert Zdenek, National Community Reinvestment Coalition, shared by The Federal Reserve Bank of San Francisco, Community Development Investment Center