UnitedHealth Group leaders announced a $5 million investment in Enable Ventures, a market-rate impact venture fund with a mission to close the disability wealth gap. Courtney Mattson, vice president and assistant treasurer of UnitedHealth Group Treasury, and Catherine Anderson, senior vice president of UnitedHealth Group Health Equity, made the announcement at the SOCAP Conference.
Details: The $5 million investment will fund companies whose solutions will improve the lives of people with disabilities, provide resources to entrepreneurs with disabilities, and help people with disabilities who are unemployed and underemployed. Enable Funds focuses on providing technology and tools to upskill and reskill people with disabilities so they can enter the workforce.
The bottom line: Research shows that people with disabilities who are employed experience better health.
Source: Goodman, 2015, and Turner & Turner 2004