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[[Category:Socioeconomics]]
[[Category:Socioeconomics]]


Costs of Deaths
Side Note: Myocarditis: https://www.eurekalert.org/news-releases/998012


= Core Stats =
This table shows a basic societal cost breakdown of COVID-19 compared to some other debated or regulated causes of death.


Value of a US life: $10MM ([https://www.npr.org/2020/04/23/843310123/how-government-agencies-determine-the-dollar-value-of-human-life source])
Annualized COVID-19 deaths are based on June 2021 numbers. This is the trough of flu season and before the Delta variant has taken hold. It probably will not get better than this for the next 8 months.


US Population: 332MM
$10,000,000 is roughly the legal value of a wrongful death in the United States.


= US Cars =
QALY stands for Quality Adjusted Life Year - this is a measure of the number of quality years a person has left relative to a randomly selected person. The QALY adjuster for COVID-19 is low because it mostly kills old people. The QALY adjuster for Swimming Pools is high, because swimming pools mostly kill children. The adjusters are ballpark figures.


Annual US Car Deaths: $37MM
{| class="wikitable"
|+
!Name
!Region
!Region Population
!Annualized Deaths
!Life Value
!QALY Adjuster
!Annual Cost
!Annual Per Capita Cost
|-
|COVID-19
|Arizona
|7,520,000
|4,018
|$10,000,000
|0.33
|$13.26b
|$1,763
|-
|Suicide
|United States
|332,000,000
|48,334
|$10,000,000
|1.2
|$580.0b
|$1,746
|-
|COVID-19
|United States
|332,000,000
|127,838
|$10,000,000
|0.33
|$421.87b
|$1,271
|-
|Auto Accidents
|United States
|332,000,000
|37,000
|$10,000,000
|1.0
|$370.0b
|$1,114
|-
|Gun Non-Suicide
|United States
|332,000,000
|13,958
|$10,000,000
|1.2
|$167.50b
|$504
|-
|Swimming Pools
|United States
|332,000,000
|4,000
|$10,000,000
|1.5
|$60.0b
|$181
|}


Annual US Car Death Cost: $370b
To significantly reduce suicide, it would take some fundamental realignment of our societal approach to mental health.


Annual US Car Death Cost Per Capita: $1,114.46
To significantly reduce auto accident deaths, it would take some significant limitations on people's freedom to drive.


= AZ Masks =
To significantly reduce gun deaths, we would have to alter or at least dramatically reinterpret the Bill of Rights.


AZ Population: 7MM
To substantially reduce swimming pool deaths, we would have to do things like requiring fences around pools - which we do in most urban areas, even though it infringes on individual liberty.


AZ COVID Deaths Per Day: 11 (June 2021, trough of flu season, Delta variant not dominant yet)
To significantly reduce COVID deaths, you have to wear a mask when you are indoors with others.


Value of a US life: $10MM ([https://www.npr.org/2020/04/23/843310123/how-government-agencies-determine-the-dollar-value-of-human-life source])
In Arizona, the highest death cost per capita - even after QALYs are taken into account - also has the lowest personal cost to mitigate.


Annual AZ cost of COVID Deaths: $110MM
When you're indoors with others, wear a mask.
 
Cost per AZ person: $15.71/person/day or $110/person/week

Latest revision as of 01:39, 14 August 2023


Side Note: Myocarditis: https://www.eurekalert.org/news-releases/998012

This table shows a basic societal cost breakdown of COVID-19 compared to some other debated or regulated causes of death.

Annualized COVID-19 deaths are based on June 2021 numbers. This is the trough of flu season and before the Delta variant has taken hold. It probably will not get better than this for the next 8 months.

$10,000,000 is roughly the legal value of a wrongful death in the United States.

QALY stands for Quality Adjusted Life Year - this is a measure of the number of quality years a person has left relative to a randomly selected person. The QALY adjuster for COVID-19 is low because it mostly kills old people. The QALY adjuster for Swimming Pools is high, because swimming pools mostly kill children. The adjusters are ballpark figures.

Name Region Region Population Annualized Deaths Life Value QALY Adjuster Annual Cost Annual Per Capita Cost
COVID-19 Arizona 7,520,000 4,018 $10,000,000 0.33 $13.26b $1,763
Suicide United States 332,000,000 48,334 $10,000,000 1.2 $580.0b $1,746
COVID-19 United States 332,000,000 127,838 $10,000,000 0.33 $421.87b $1,271
Auto Accidents United States 332,000,000 37,000 $10,000,000 1.0 $370.0b $1,114
Gun Non-Suicide United States 332,000,000 13,958 $10,000,000 1.2 $167.50b $504
Swimming Pools United States 332,000,000 4,000 $10,000,000 1.5 $60.0b $181

To significantly reduce suicide, it would take some fundamental realignment of our societal approach to mental health.

To significantly reduce auto accident deaths, it would take some significant limitations on people's freedom to drive.

To significantly reduce gun deaths, we would have to alter or at least dramatically reinterpret the Bill of Rights.

To substantially reduce swimming pool deaths, we would have to do things like requiring fences around pools - which we do in most urban areas, even though it infringes on individual liberty.

To significantly reduce COVID deaths, you have to wear a mask when you are indoors with others.

In Arizona, the highest death cost per capita - even after QALYs are taken into account - also has the lowest personal cost to mitigate.

When you're indoors with others, wear a mask.