Despite advancements in gender equity, women still spend 25% more of their lives in poor health compared to men. Women spend an average of nine years in poor health, limiting their ability to be productive both at home and in the workforce. Those are some of the conclusions of McKinsey & Company's recent report, "Closing the Women’s Health Gap: A $1 Trillion Opportunity to Improve Lives and Economies". The upside: Addressing this stark gender care gap and providing the care women need could potentially add $1 trillion to the global economy. How do we get there? The report highlights the importance of investing in women-centric research, enhancing access to gender-specific care, and creating supportive health policies. At Midi, we resonate deeply with these findings. Our telehealth services provide high-quality care to women in perimenopause and menopause, enabling them to thrive through a decades-long life stage. We help close the gender health gap, promoting better health outcomes and stronger productivity for women in midlife and far beyond. #JoinMidi #healthgap #womenshealth #womenshealthgap
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Employee Benefits Specialist and Licensed Life & Living Benefits Broker at Wendy Martin Financial Services Inc.
A report out by the McKinsey Institute shows that women are more likely to be affected by a sex-specific condition between the ages of 15 and 50. This will create a significant impact on their their ability to earn income and support themselves and their families. "Better health is correlated with economic prosperity. The women’s health gap equates to 75 million years of life lost due to poor health or early death per year, the equivalent of seven days per woman per year. Addressing the gap could generate the equivalent impact of 137 million women accessing full-time positions by 2040. This has the potential to lift women out of poverty and allow more women to provide for themselves and their families. Addressing the drivers of this gap—namely, lower effectiveness of treatments for women, worse care delivery, and lack of data—would require substantial investment but also reflect new market opportunities. Addressing the women’s health gap could improve the quality of life for women, as well as creating positive ripples in society, such as improving future generations’ health and boosting healthy aging." #womenshealth #equityandinclusion #womenshealthgap #betterbenefitsplans #benefitsspecialist #cgib #iscebs
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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Work In Progress I A Philomath I In-flux I Result-Oriented Strategic Marketing Professional I A Go-getter I Agile & Authentic Thought Leader I Strategy, Execution & Transformation enabler I LinkedIn Community Top Voice
Women's health is not just a women's issue, it's a societal issue. The better the health and well-being of women, the greater the positive impact on families, communities, and nations. Closing the women's health gap can improve the quality of life for women, and create a ripple effect that extends to future generations' health and healthy aging. According to a report by McKinsey, improving women's health not only has positive economic outcomes, but it is also touch base on a moral imperative to close the women's health gap and improve the lives of millions of women worldwide. Let's work towards health equity and inclusivity, and create a positive impact on society. #healthawareness #womenhealth #economicgrowth #qualityoflife #positiveimpact
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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A recent report from McKinsey & Company shares that a "woman will spend an average of nine years in poor health, which affects her ability to be present and/or productive at home, in the workforce, and in the community and reduces her earning potential.” This is just one more data point (unfortunately among many) emphasizing the importance of advocating for better health outcomes for women. Improving women’s health can have positive economic outcomes but more importantly, it can improve health equity and support inclusivity. Now that we are more aware of the challenges and inequities, I hope that we will see some significant progress in the next decade. https://lnkd.in/g_qKu546 #IWD2024 #inclusion #womenshealth #healthequity
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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How does the lack of sex- and gender-specific data affect safety? In McKinsey & Company Health Institute's latest report, they found that since 2000, women in the U.S. have reported 52% more adverse events than men, with a 36% higher rate of serious or fatal outcomes. Shockingly, medicines withdrawn for safety reasons are 3.5 times more likely to impact women. The report also reveals a staggering women’s health gap of 40-45 million DALYs per year, equivalent to four days per woman annually. This inequality isn't just statistical; it translates to real-world consequences for women and girls, particularly those aged 10-40, impacting regions like Latin America and Central Asia disproportionately. To bridge this gap, we need a systemic change—more sex- and gender-specific research. https://lnkd.in/gfP-2Vsa #GenderEquality #HealthcareDisparities #ResearchForAll
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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Senior Communications Director | Sustainability (ESG) Comms | Integrated Comms | Stakeholder Engagement |
Coming a little bit late to this one, but shocking still to see the extent of the gender health gap laid bare. “Women are expected to spend 25% more time in poor health than men.” “More than half of the health gap for women occurs during their working years.” “…women were diagnosed later than men for more than 700 diseases.” One heck of a 'gap', on the long list of gaps women face. #genderpaygap #girlseducation #gendergap # https://lnkd.in/eZxS5mQq
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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Board Director | Global Business Executive | TEDx Speaker | Digital Transformation Leader | Empowering Allies & Women l Top Voice LinkedIn
Women have greater life expectancy than men but spend 25% more time in poorer health then Men. “Building on previous work from McKinsey Health Institute and the McKinsey Global Institute that analysts quantified this health gap in terms of disability-adjusted life years.” According to this analysis, addressing women’s health more fully could increase the global economy by $1 trillion by 2040. The drivers of this gap are: lower effectiveness of treatments for women, worse care delivery and lack of data. According to this analysis, more than half of this health gap occurs during a woman’s working years. One of the major issues is the lack of data: “A study conducted in Denmark across 21 years showed that women were diagnosed later than men for more than 700 diseases. For cancer, it took women two and a half more years to be diagnosed.” Many drugs are also shown to be less effective and have greater side effects for women than men – often likely due to a lack of robust testing. 56% of the health burden comes from health conditions that are more prevalent in women and present or manifest differently in women and are therefore often mis diagnosed, missed or under treated. I find this appalling. With women representing 58% of the US workforce, it is tragic that this level of inequity exists. Physical and mental well being is a key contributor to our engagement and productivity. While there are many systemic barriers that women face in achieving gender equity at work, getting proper health care is core to that equation. When we’re talking about women’s opportunities, it starts with our health. THIS is a moment that matters. #equity #allies #healthcare https://lnkd.in/gcH3qhNT
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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Branding and Marketing Consultant | Safe Conversations Facilitator | Maternal Mental Health advocate | Singapore 40-over-40
The graphs in this study paint a clear picture on the detrimental effects of the burdens that a woman carries daily. 47% of the health burden that affects women disproportionately include depression and headache disorders. Nearly half of the health burden affects working women which gives an idea on the amount of stress a working woman carries struggling to juggle family and work. Women live longer than men but not necessarily have healthier lives. "While improving women’s health has positive economic outcomes, it is foremost an issue of health equity and inclusivity. Addressing the women’s health gap could improve the quality of life for women, as well as creating positive ripples in society, such as improving future generations’ health and boosting healthy aging." https://lnkd.in/gD5qb-vd
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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Multidisciplinary Technology Executive | Strategic Leader & Innovator| Pharmaceuticals & Healthcare Industry Expert | Information Technology leader | CIO | CTO | CDO | VP of Business Technology | VP of Innovation
Shifting focus to women’s health isn’t just about inclusion and equity—it’s also a smart economic move! Addressing the 25% more time women spend in “poor health” compared to men could not only enhance the lives of millions but also add over $1 trillion annually to the global economy by 2040. #WomensHealth #EconomicGrowth #HereForHerHealth
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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Despite a nearly $4 billion World Bank investment in digital health in the past decade, women still spend 25% more time in poor health than men. This is driven by a lack of access and lower effectiveness, as McKinsey recently reported. As if the health gender inequity wasn't enough of a motivation to do something about it, closing this gap could boost the global economy by $1 trillion annually by 2040. At Vencer, we are committed to our mission of connecting every woman in the world to healthcare to do our part in our global wellbeing, health, and financial alike. #digitalhealth #womenshealth #genderinequality #healthinequity #economyboost https://lnkd.in/gfP-2Vsa
Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies
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☀️Empowering Women to Navigate Midlife & Thrive☀️Entrepreneur with Purpose☀️Advocating to Make Women's Whole Health a Priority☀️Strategic Marketing Leader☀️Passionate Change Agent & Sunshine Spreader☀️
1moAgree! Those who want to propel women’s health forward can join the Women’s Health PAC! https://www.womenshealthpac.us/