Preventive Medicine Reports · Published 2026-07-16 · DOI 10.1016/j.pmedr.2026.103577
Mbanba Ziblilla Yakubu, Mustapha Immurana, Mohammed Ridwan Saani
Objectives: Although financial inclusion in promoting health and well-being is well acknowledged, empirical evidence supporting its link with health-related quality of life (HRQoL) is still evolving, with the moderating role of health literacy often overlooked. Therefore, this study offers empirical evidence on the moderating role of health literacy in the link between financial inclusion and HRQoL. Methods: Data were collected from August to October 2024 through a survey administered to residents aged 18 years and above in Ghana's Savannah region. HRQoL was assessed using the 36-item Short Form Health Survey, and health literacy using the All-Aspects Health Literacy Scale. A tailored financial inclusion index was developed and refined through factor analysis. Results: A positive, significant link between financial inclusion and HRQoL was observed across physical and mental domains. Health literacy enhanced the relationship between financial inclusion and physical HRQoL (β = 0.19, p < 0.01). Conclusions: Our findings underscore a significant association between financial inclusion and HRQoL, with health literacy strengthening this connection. The study advocates deepening financial inclusion in Ghana's rural areas by improving access to and use of high-quality financial products. More importantly, the study suggests a synergistic policy approach that integrates health literacy into financial inclusion programs.
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Yakubu, M., Immurana, M., Saani, M. (2026). Health-related quality of life and financial inclusion in Ghana's Savannah region: examining the moderating role of health literacy. Preventive Medicine Reports. https://doi.org/10.1016/j.pmedr.2026.103577