Wednesday, May 03, 2006

Lifetime Costs of Year's Worth of Injuries Top $400 Billion

The high cost of workplace injury ...

"The lifetime cost of injuries occurring in a single year in the United States is about $406 billion in medical expenses and productivity losses – including lost wages, fringe benefits and ability to perform normal household responsibilities – according to new findings released by the Centers for Disease Control and Prevention.

Nearly $80.2 billion is attributed to medical expenses, while $326 billion is estimated for lifetime productivity losses for the almost 50 million injuries that required medical treatment in 2000. These costs begin to accumulate when the injuries occur and are spread over each injured person's expected lifetime.

"The financial and economic impact of injuries in the United States is serious," CDC Director Dr. Julie Gerberding said. "However, by expanding our science-based injury prevention programs, we can drastically reduce these costs and even, more importantly, help people live longer and healthier lives."

The new data and findings were released in the book "The Incidence and Economic Burden of Injuries in the United States" by scientists from the CDC as wells as scientific research contractors at RTI International and the Pacific Institute for Research and Evaluation. The book, which is a comprehensive analysis of the economic costs of injuries, makes use of 2000 data to update and expand a 1989 Report to Congress."   continued ...   (Via Occupational Hazards)

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