Switch to हिंदी

Health, Fitness, Beauty & Diet | Pregnancy & Parenting | Diseases & Home Remedies | TheHealthSite.com

Health, Fitness, Beauty & Diet | Pregnancy & Parenting | Diseases & Home Remedies | TheHealthSite.com

हिंदी
  • Health A-Z
  • Diabetes
  • Diseases
    • Type 1 Diabetes
    • Type 2 Diabetes
    • Cancer
    • Heart Attack
    • Pneumonia
    • Diseases A-Z
  • Diet & Fitness
    • Weight Management
    • Exercise & Body Building
    • Diet & Recipes
    • Yoga
  • Coronavirus
  • News
  • Pregnancy
    • Conceiving
    • Infertility
    • Labour & Delivery
    • Pregnancy week-by-week
    • Breastfeeding
    • Baby Names
  • Beauty
    • Skin
    • Hair
    • Grooming
  • Photos
  • Videos
Home / Health News / Higher financial literacy are at lower risk of being hospitalised

Higher financial literacy are at lower risk of being hospitalised

Financial literacy can keep you out of hospital.

By: ANI   | | Published: June 15, 2018 9:57 am
Tags: Adolescent Health  Alternative health  Hospital  Hospital care  Hospitals  
doctor and patient
डॉक्टर से संपर्क करें- यदि आपको उपर बताए गए इसके लक्षणों का अनुभव हो रहा है जैसे तेज बुखार, पेट में दर्द, कमजोरी और टाइफाइड से संबंधित और अन्य लक्षण तो जल्द से जल्द डॉक्टर से संपर्क करें ताकि यह बुखार गंभीर रूप धारण न कर ले।

“Our findings support the notion that financial literary – the ability to access, understand, and utilize financial concepts – may represent a modifiable risk factor associated with lower likelihood of being hospitalized in later life,” saidlead author Bryan D. James of Rush University Medical Center, Chicago. Also Read - Want to boost overall health? Have apple cider vinegar

Read: New research to help frail old people get better support in hospital Also Read - Medical selfies help patients feel satisfied: Study



The study included 388 older adults without dementia, enrolled in an ongoing study of factors affecting healthy aging. All participants completed a questionnaire assessing their financial literacy. The assessment included the ability to perform calculations (numeracy) as well as knowledge of financial concepts (stocks and bonds, compound interest, etc). Also Read - Home nutrition care keeps patient out of hospital

Financial literacy score was evaluated as a predictor of the risk of hospital admission, with adjustment for a wide range of other factors. During an average follow-up of 1.8 years, 30 percent of the older adults were hospitalised at least once.

Lower financial literacy was associated with a higher risk of being admitted to the hospital. Average financial literacy scores (on a 23-point scale) were 11 points for older adults who were hospitalised versus 13 points for those who were not. The association remained significant after adjustment for a wide range of factors, including income and indicators of physical and mental health.

Read: Reduce dementia risks follow a proper sleep schedule

In the final model, a 4-point increase in financial literacy score (the standard deviation) was associated with a 35 percent lower risk of hospitalization. The only other independent risk factors were older age and problems with daily activities for independent living–for example, cooking and cleaning.

The link between financial literacy and hospitalisation risk was mainly related to knowledge of financial concepts, not the ability to do calculations. There association appeared stronger for elective hospitalizations, rather than urgent or emergency ones.

Based on the findings, “the ability to understand and utilize financial concepts may be important to keeping older adults out of the hospital,” according to James and coauthors.

How does financial literacy affect hospitalisation risk? The study couldn’t draw any conclusions. Higher income and better health could play a role, but the association remained significant after adjustment for these factors. Based on the association with elective hospitalisations, the researchers suggested that financial literacy might affect medical decision-making and related financial factors, such as which procedures are covered by Medicare or private insurance.

Source: ANI

Image Source: Shutterstock

Published : June 15, 2018 9:57 am
Read Disclaimer

FIFA World Cup 2018: Health advisory for football fanatics!

FIFA World Cup 2018: Health advisory for football fanatics!

Keep the blues away: Wake up early

Keep the blues away: Wake up early

Please Wait. Article Loading ....

Coronavirus Updates

Coronavirus Updates

Stay Informed, Be Safe

  • COVID-19 Unlock: How to ensure students and teachers are safe amid schools reopening
  • Bridging the gap between immunisation and immunity: 2 new diagnostic tests for COVID-19
  • COVID-19 vaccine for people above 60, comorbid people from March 1, free at government centres
  • Americans are less afraid of dying from COVID-19: How Indians perceive coronavirus
  • 54-year-old man dies after taking COVID-19 vaccine Covishield in Delhi

Health Calculators

BMI Calculator
bmi Calculator
Ideal Body Weight
ideal body weight
Daily Calorie Intake
Daily calorie intake
Calories Burned
calories burned

Related Stories

Want to boost overall health? Have apple cider vinegar

Want to boost overall health? Have apple cider vinegar

Low carb, high protein diets may help alleviate hospital-acquired infections

Low carb, high protein diets may help alleviate hospital-acquired infections

Urinary tract infection: Know how you can prevent it

Urinary tract infection: Know how you can prevent it

Medical selfies help patients feel satisfied: Study

Medical selfies help patients feel satisfied: Study

Home nutrition care keeps patient out of hospital

Home nutrition care keeps patient out of hospital

Health News in Hindi

Best Parenting Sign: इन 5 संकेतों से जानिए कि आप एक अच्छे माता-पिता हैं या नहीं, पढ़ें ये पेरेंटिंग टिप्स

गर्भवती मां से भ्रूण तक पहुंच सकती हैं प्रोटेक्टिव एंटीबॉडीज़, स्टडी का दावा

Nail Biting Habit: नाखून कुतरने की वजह क्‍या है, जानिए वैज्ञानिक पहलू और इससे छुटकारा पाने के उपाय

सांवली सूरत पर ग्‍लो लाने के लिए मसाबा गुप्‍ता फॉलो करती हैं ये होममेड स्किन केयर रूटीन, आप भी कर सकती हैं ट्राई

अनिल कपूर ने कहा- “खूब खाता हूं बर्गर और फ्रेंच फ्राइस” इसलिए फिटनेस को ऐसे रखता हूं मेनटेन

Read All

Recent Posts

  • Covid-19 can mess up with your sugar levels: Get your glucose levels checked after recovery
  • Woman dies hours after taking second COVID-19 vaccine dose in MP
  • Ladies, up your plant protein intake to lower risk of premature death
  • New study suggests rats, water buffalo and mountain gorillas can spread COVID-19 virus
  • COVID-19 Unlock: How to ensure students and teachers are safe amid schools reopening

About The health Site

TheHealthSite.com is India's largest health site with more than 40 lakh unique visitors per month. We focus on fitness, beauty, health, pregnancy and more.

Most popular health and wellness website in India in 2012 at the Website of the year awards.

health@corp.india.com
+91 – 22 – 6697 1234
Landline Phone number 91 – 22 – 2490 0302.

ZEE ENTERTAINMENT ENTERPRISES LTD, 18th floor, A-Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra 400013.

Useful Links

  • Weight Loss
  • Keto Diet Tips
  • Skin Care Tips
  • Intermittent Fasting
  • Apple Cider Vinegar
  • Ashwagandha
  • Cancer
  • Pneumonia
  • Diarrhoea
  • Dengue
  • Typhoid
  • Tuberculosis
  • Chickenpox
  • Chikungunya
  • Depression
  • Hepatitis
  • Diabetes
  • Type 2 diabetes
  • Arthritis
  • Swine Flu
  • Baby Names
  • Cough and cold
  • Heart Attack
  • Breast Cancer
  • Ebola Virus
  • Dengue
  • Malaria
  • International Yoga Day
  • Hypotension
  • Heart Failure
  • Asthma
  • Brain Tumour
  • Celebrity Fitness
  • Goitre
  • HIV/AIDS

We respect your privacy

  • Disclaimer
  • Privacy Policy
  • Contact Us
  • Author Profiles

Copyright © 2021 Zee Entertainment Enterprises Limited. All rights reserved.