CAN MONEY BUY YOU BETTER HEALTH?

CAN MONEY BUY YOU BETTER HEALTH?

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CAN MONEY BUY YOU BETTER HEALTH?Photo by Bill Oxford

Originally Posted On: https://www.moneymagpie.com/manage-your-money/can-money-buy-you-better-health

 

Can money buy better health? This is a loaded question. When you look at developing countries and witness the level of epidemics spreading, you’ll certainly come to the conclusion that money will save lives. On the other hand, looking at the developed countries statistics will leave you curious. If money can buy you better health, then there wouldn’t be 329 million obese citizens in the US alone. So what’s the deciding factor in the equation?

To start our analysis, it’s important to answer one question: do you need money to be healthy? Well, yes, and no. Here’s what you need to know to reach a conclusion:

WHAT MONEY CAN BUY

It goes without saying that money will help you in getting better care for your health. Having money can enable you to buy the following:

1. BETTER HEALTH CARE

Getting struck with a disease, infection, or any health issues requires medical attention. This is an unspoken rule. However, with healthcare being one of the most expensive industries, getting access to treatment or even merely doctor visits can be non-affordable for those who don’t have the money.

For instance, many seniors who have already retired lack the financial capability to keep up with these expenses. This is where health plans come into play, making health care much more affordable. Even so, if you click here you’ll understand how the most affordable healthcare plans can quickly cost seniors thousands of dollars paid out of their pockets. There’s a workaround to this issue, which is subscribing to more plans to cover the coverage gap. While this makes it more affordable, it still means more upfront money.

2. BETTER EQUIPMENT

Having money will also give you access to more advanced tools and equipment, which can both improve your health quality and save down on more costs, down the road. You’ll be able to invest an upfront cost in a piece of equipment, let’s say to monitor your blood pressure and blood glucose levels. While you’ve paid a decent amount of cash, you’ll be saving on countless appointments with various physicians to monitor your pressure and blood sugar levels. This will save you time and future costs, but you won’t be able to get it without money.

3. BETTER ACCESS TO EXPERTISE & KNOWLEDGE

In this world where information is available literally everywhere, anyone can have access to knowledge. However, having money will give better access to this knowledge, which can be in the form of paid online courses, books, or even institutional education. The most definitive part of the equation is that you won’t be able to build proper expertise without money since you’ll need to provide certain accredited certification wherever you go to prove your qualifications. This means that you can take care of your health as an amateur with the available resources, but more advanced care will require a financial investment.

For example, if you’re struggling with chronic pain you can look at CBD Oil Guides UK for information on the legal use of CBD oil. While CBD oil is being used successfully to treat a growing number of conditions, it’s still important to speak with your physician see if it’s right for you.

WHAT MONEY CAN’T BUY

As beneficial as having money can be, there are still a few things that money can’t buy. Some of these things are as follows:

1. A HEALTHY LIFESTYLE

Having money doesn’t automatically translate to living a healthy lifestyle. No matter how much access you have to the healthcare industry, if you don’t exert conscious efforts at following a healthy lifestyle in every aspect of your day, then it will be counter-effective. You’ll be relying on the money you have to cure your illnesses when you can prevent them altogether by creating a healthy lifestyle for yourself. This can be expensive if you want to, but it doesn’t have to be if you’re on a tight budget.

2. A HEALTHY MINDSET

If you’ve ever looked at all those depressed billionaires and wondered why on earth they would be so, then it’s because this is another thing that money can’t buy. Money will never buy happiness; it’s something you create yourself by being grateful for what you have, even if it’s not much. After all, mental health is just as crucial as physical health.

3. WILL AND DETERMINATION

You might have all the money in the world, but if you’re not motivated to take action and improve your life for the better, then your money won’t really buy better health. You’ll fall down the pit of depending on your money whenever you feel ill, never taking any measures in preventing the onset of disease or improving your health.

It’s understandable how money can be crucial to having better health in general. The lack of resources in numerous countries contributes to compromised hygiene, lack of knowledge, and the spread of preventable diseases. Money does buy better healthcare, equipment, and access to both knowledge and expertise. However, depending on money to solve all your issues is a paradox on its own; it makes you neglect your health to the point of needing care.

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