A healthy and productive workforce is important for both industrial and economic growth. For without health labour cannot transform their stock of knowledge into production of goods and services. Improving the health status of labour has been of increasing interest to employers and stakeholders. However, this concern has received little attention from recent studies. This paper therefore sought to review theoretical literature on health investment, restricting attention to health as an investment commodity, to highlight factors having impact on health investment to enable the study to provide policy measures.

health capital, health investment, employees, stakeholders