Mentions Early Health “Pay for Success” Social Impact Finance: Scaling Up Prenatal Health Care in Virginia
Mentioned in The Heckman Equation
Start Date 2014-00-00
Notes The Business Case for Improving Birth Outcomes With good parenting, nutrition, healthcare and education, the first months and years of life translate not only into healthier children, adolescents, and adults, but into a more productive work force. Nobel Prize winner James Heckman, PhD, the Henry Schultz distinguished service professor of economics at the University of Chicago, expresses this in the “Heckman Equation.” It shows the significant effect that early childhood development has on later-life health, economic, and social outcomes for individuals and society. His research, and that of others, clearly demonstrate the substantial return on investment that comes from investing in the youngest residents—beginning in the prenatal months (Figure 1).5 Indeed, LBW and preterm babies have significantly increased risks of developmental, motor and social development disabilities. They are more likely to have learning disabilities, be enrolled in special education classes, have a lower IQ, and drop out of high school than children born full-term.6,7 These consequences and others are discussed later in this paper.
Updated about 4 years ago

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