How much do occupational injuries and illnesses cost?
The Connecticut Department of Labor does not attempt to identify the economic impact of injuries and illnesses. However, the National Safety Council provides estimates of the cost of workplace injuries. Wage and productivity losses include the value of wages, fringe benefits, and household production. For fatalities, the present value of after-tax wages, fringe benefits, and household production was computed using the human capital method, a procedure that incorporates data on life expectancy, employment likelihood, and mean earnings. Medical expenses include the costs of medical treatment, hospitalization, and ambulance and helicopter transport costs. Administrative expenses include the administrative cost of private and public insurance, including motor vehicle, workers compensation and property. It also includes police and legal costs for motor vehicle accidents. Motor vehicle damage costs were included for work-related travel accidents. Employer costs for work injuries is an estima
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