Latest Report shows Australians can Save Thousands of Dollars by seeking the expert guidance of an Accredited Exercise Physiologist
A report released on December 5th 2016 by Deloitte Access Economics shows that the average benefit of engaging an accredited exercise physiologist to manage chronic conditions is $6,562 per person in 2016.
“This report, The value of accredited exercise physiologists to consumers in Australia, clearly shows that working with the right expert can not only save lives, but also saves money,” explains Anita HobsonPowell, CEO of Exercise & Sports Science Australia (ESSA).
“ESSA commissioned this report as we believed that the work our accredited exercise physiologist undertake is invaluable, and to have the evidence to prove their value is truly ground breaking.”
This report comes at a time when the Australian Government is continuing to introduce consumer directed care into government-funded care packages, this report helps provide evidence for everyday Australians to help with making decisions about their healthcare.
Key findings from the report include:
- The overall benefit of engaging with an accredited exercise physiologist is worth approximately $6,562 per year for the average Australian living with a chronic condition, such as depression, type 2 diabetes, cardiovascular disease and chronic obstructive pulmonary disease.
- This translates to a net saving of $5,938 or for every dollar you spend on exercise physiologists interventions you get $10.50 in improved health, productivity and reduced out-of-pocket expenses.
- Out of the diseases researched, people living with cardiovascular disease and chronic obstructive pulmonary disease were found to gain the most out of seeing an accredited exercise physiologist, $7,606 and $6,629 in net benefits respectively.
“Chronic disease is growing in Australia, with 50% of Australians living with one chronic condition and an estimated 1 in 5 now living with multiple conditions according to the Australian Institute of Health and Welfare. As a nation we are seeing our health decline on a daily basis.”
“Despite Australia’s equitable health system, about 17% of costs are borne by the individual and/or their families. Also, the cost is likely to be higher for people living with multiple chronic disease and disease that have progressed to become more severe. This report will hopefully provide evidence that shows if you get the right help from the beginning, you can save your money,” says Ms. Hobson-Powell.
Rory Banwell, a client of an accredited exercise physiologist, was pleased to understand that her actions were justified.
“Simply being told that “exercise is good” or “we all need to exercise more” doesn’t have the motivational effect that I think a lot of health experts expect or desire. As someone with anxiety and depression I know exercise is important. I read it and I hear it all the time, but this advice isn’t personal enough for it to really resonate,” says Ms. Banwell.
“What this new information does for me is translates the message ‘exercise is good for mental health’ into something that is almost tangible.”
“For everyday Australians, like Rory, the benefits of consulting the right profession are now even more visible. In the case of depression, the report shows that an accredited exercise physiologist intervention can result in a net benefit of $5,467 per year,” says Ms. Hobson-Powell.
“This saving is attributed to reducing the impact that depression has on someone’s life such as reducing the need to access medical and health services, reducing other financial losses through lack or loss of employment and improving their quality of life.”