Can Money Buy Health?
Is there a relationship between income levels and health?
Can Money Buy Health? Is there a relationship between income levels and health?
Analysis of self-assessed health rates (2014-15) and household incomes (2016) for all local government areas (LGAs) in Australia, suggests a strong correlation between the level of household income and the proportion of population rating their own health as being ‘good’, ‘very good’ or ‘excellent’ (GVGE) .
The overwhelming majority of Australians surveyed assessed their own health as GVGE, with all LGA outcomes reported above 75%. Areas with higher incomes recorded higher levels of self-assessed health. Whereas, households with lower self-assessed health also ranked amongst the lowest with respect to household income.
Analysis of the detailed results suggest that an additional $20,000 per annum in household income results in an approximate 2.0 percentage point lift in GVGE outcomes (e.g. the difference between an outcome of 80.0% and an outcome of 82.0%).
Whilst all care and diligence has been exercised in the preparation of this data, AEC Group Pty Ltd (or its associated parties) do not warrant the accuracy of the information contained within DataAU and accept no liability for any loss of damage that may be suffered as a result of reliance on this information, where or not there has been any error, omission or negligence in the development and presentation of the data contained in DataAU by the employees, associated parties or information providers of AEC Group Pty Ltd. It is the nature of this data that it may quickly become out of date and users must make their own assessment of the relevance and accuracy of the data for their intended purpose. No representation is provided regarding the timelines or accuracy of materials. Our terms of use are here.
