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Insurers Set Goals to Address Rising Chronic Disease Rates by 2030

by Celia

As the global population ages, the prevalence of chronic diseases is on the rise, prompting insurers and health organizations to take action. By 2030, one in six individuals will be aged 60 or older, significantly contributing to the already staggering 41 million deaths attributed to chronic diseases each year.

In a recent statement, Allianz Partners urged health insurers, healthcare organizations, and governments to establish trust regarding the use of personal health data. They emphasized the need for clear communication about the benefits of data sharing to ensure that consumers can fully engage with and benefit from a connected health ecosystem.

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Despite the impact of chronic diseases, a study revealed a concerning lack of awareness surrounding non-communicable diseases and their preventability. This finding highlights the urgent need for education to empower individuals to take control of their health, thereby improving quality of life and alleviating pressure on healthcare systems, according to Allianz Partners’ Generational Health Insights report.

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Mental health has emerged as a critical priority across all age groups, particularly among younger generations. Nearly half (47%) of Gen Z individuals, aged 12 to 26, reported experiencing frequent anxiety, while over 22% expressed feelings of depression. The study underscores the importance of tailoring mental health support to different age demographics, as a one-size-fits-all approach is ineffective.

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Additionally, the report noted an unprecedented surge in the utilization of digital mental health tools, with a staggering 6,500% increase in prescriptions for mental healthcare apps anticipated next year. While the adoption of artificial intelligence and digital health services is expanding, the report maintains that human healthcare professionals remain essential for personal interactions and accurate diagnoses.

Mariana Ishchuk, Global Head of Product Management and Innovation at Allianz Partners’ health division, emphasized the need for transparency in the management of personal health data. She stated that building trust is crucial for the development of a more efficient health ecosystem, particularly as the reliance on digital health services increases.

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