Japan moves to counter health costs
Wednesday, April 30th, 2008At the beginning of the April Japan came out with a new framework for monitoring the health of its citizens over 40. Otherwise know as a “flab check” it puts health insurance companies on notice to improve the physical welfare of its customers. You wouldn’t think Japan has a serious problem here but clearly the government does.
The analysis of the regulations shows an upward trend for obesity and metabolic syndrome with the accompanying costs. Japan already has a monster pension bill looming and health is just another area marked for a major budgetary blowout.
Health and nutrition are issues that governments have started to become very involved in. This leads us to the question of how far should governments go in their desire for us to have a healthy life. I would say not too far actually.
More and more the government is taking on people’s personal issues. This approach by the Japanese sets a dangerous precedent. It is against the law to hit your children but it isn’t against the law to be overweight or obese. Should the government attempt to intervene or leave it to the market?
By the market I mean the price mechanism as well as social incentives. The price mechanism can regulate food to some extent and also body mass (more expensive seats for larger people). Carrying a lot of extra weight can hurt in the pocket not just in the heart. Socially it can be difficult also with discrimination and exclusion from others.
The answer is not clear. Clearly something has to be done but are we prepared to do the hard yards (better diet and proper exercise) or wil lwe rely on the government to bail us out.
It will be interesting to see how this policy develops.