It's not what we are spending on health, but where we are failing to spend.

Looking through a preventative health lens, governments need to spend more to reduce the burden poor health outcomes have on the economy.

Back in May, during the state budget luncheon in Launceston, Deloitte Access Economics partner Paul Liggins highlighted three key areas that were holding Tasmania's economy back - education, the state's population structure and health.

Tasmanians remain older, poorer, less healthy, less educated and more likely to be affected by disability than other Australians.

Aside from affecting a person's ability to live a fulfilling life, unhealthy people restrict economic growth when they are unable to work, learn, innovate and contribute to the community.

Tasmania's poor health outcomes remain linked to economic and social disadvantage, which is often measured by a person's income, occupation and education level.

Mr Liggins said the state's ageing population was not the only factor in our poor health indicators, but also our lower rates of educational attainment.

You must spend money to make money. Therefore about 1.5 per cent of the government's health spend on preventative health is not enough. Stakeholders and advocates argue this figure should be 5 per cent.

Our health budget will continue to be a "record year" every year due to the escalating costs of health and our population becoming sicker.

This is why The Examiner has focused on the State of Health the past five months and continues to do so. It's not just the stories of why the health system needs to improve, but also the ground-breaking research and results happening in our region.

This is why we support the announcement of a study for Launceston into the economic impact of health.

To have a clear understanding of the supply chain and the opportunities attached, can only be a positive as we continue to improve health outcomes in our state.