How Health May Equal Wealth For Some

How Health May Equal Wealth For Some

Money Magazine Interviews Kevin Volpp on The Financial Value of Wearable Devices

A Money magazine article that explores how personal fitness routines can potentially lead to higher pay prominently features Kevin Volpp's comments about fitness-related wearable devices.

The article, "The Financial Rewards of Working Out," pulls together the latest research data about the links between an individual's routine physical fitness activities and his or her earning power.

Among other things, it points out that physically fit women tend to make 12% more than women who don't work out. Conversely, it cites studies that found that "couch potato workers" had as much as a 34% higher risk of taking long-term sick leave.

It also pointed to digital devices that can be used to support an exercise regimen and quoted Volpp who warned that "once the novelty wears off, many people stop using them." It also quoted Volpp on research at his LDI Center for Health Incentives and Behavioral Economics (CHIBE) that found that inexpensive digital monitoring devices work as well as the much more expensive ones.

Volpp, MD, PhD, is the founding Director of LDI's Center for Health Incentives and Behavioral Economics (CHIBE), a Professor of Medicine and Vice Chairman for Health Policy of the Department of Medical Ethics and Health Policy at Penn's Perelman School of Medicine, and a Professor of Health Care Management at the Wharton School.