Cost of a Single Fatality Up 60% Since 2010

Apr 22, 2023 | Business Insurance, Personal Insurance

In 2020, with 4,764 reported fatal work injuries, a 10.7% decrease from 2019’s 5,333, according to the Bureau of Labor Statistics. Notably, sourced from the Census of Fatal Occupational Injuries. Moreover, the rate dropped from 3.5 to 3.4 per 100,000 FTE workers in 2018.


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• In 2020, there were 4,764 fatal occupational injuries, which was the fewest since 2013.

•Again the same year a worker would pass away from a workplace injury every 111 minutes.

• Moreover, with 1,778 fatal injuries, transportation events continued to be the most common type of fatal occurrence,

constituting 37.3% of all fatal workplace accidents.

• Next, the proportion of Hispanic or Latino workers killed on the job increased, reaching 22.5.

from 20.4 percent (1,088 fatalities) in 2019 to 21.2% (1,072 fatalities).

• Lastly, suicides dropped by 15.6% from 307 in 2019 to 259 in 2020, the lowest number ever.

suicides at work since 2015.


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features of the worker:

• In 2016, workplace killings involved 16.3 percent more women than men, accounting for 8.1 percent of all fatalities.

• The lowest number of workplace deaths for workers between the ages of 45 and 54 occurred in 2020 with 954 cases.

since 1992, this age group.

For 2020

• In 2020, the fatality rate for Hispanic or Latino employees increased to 4.5 deaths per 100,000 FTE employees.

unlike 4.2 in 2019.

• Occupational deaths among Black or African American workers decreased by 14.7% in 2020.

from 634 in 2019 to 541 in 2020.

accidental death or exposure


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• The number of fatal transportation accidents decreased by 16.2% from 2,122 in 2019 to 1,778 in 2020.

• From 841 fatalities in 2019, fewer people died because of violence and other accidents involving people or animals.

2020 will see 705 fatalities and intentional harm to people, the largest subcategory,

to 651, a reduction of 14.5% in 2020.

• In 2020, the number of worker fatalities due to exposure to hazardous substances or surroundings reached its greatest point.

since the 2011 debut of the series. Unintentional overdose caused by the non-medical usage of

Drug-related deaths accounted for 57.7% of all fatalities (388 deaths), up from 48.8% in 2019.

Occupation


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• Those employed in construction and extraction jobs as well as transportation and material moving occupations

1,282 and 976 fatal occupational injuries, or 47.4% of all occupational fatalities, were reported.

deaths at work, respectively.

• The fatality rate fell by 19.0% in the sales office and administrative support occupations.

Workplace Injury Costs and Lost Time


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National Safety Council Reports:

Cost estimates from the National Safety Council (NSC) quantify the toll of Single Fatalities, reflecting lost wages or costs due to avoidable injuries. Transitioning to an economic perspective, these Single Fatalities are akin to indicators like GDP, per capita income, and personal consumption expenditures. Assessing the economic impact of Single Fatalities underscores their significance. The expenses extend beyond companies, showcasing the broader impact on society.

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When evaluating Single Fatalities against these economic benchmarks, the true magnitude of the societal repercussions becomes evident. Single Fatality costs, viewed in the context of GDP, per capita income, and personal consumption expenditures, underscore the need for preventive measures. Work Injury Costs and Time Lost are substantial, highlighting the urgency for effective preventive strategies.


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Cost estimates from the National Safety Council (NSC) vividly illustrate the impact of a single fatality on lost wages or expenses. Furthermore, these estimates, comparable to economic indicators like the gross domestic product, effectively spotlight the broader societal consequences of a single fatality. Notably, these costs, which are distinct from companies, serve to underscore the wider societal ramifications of a single fatality.


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Within 2019 and 2020

Between 2019 and 2020, 332 people will die from work injuries. In healthcare, fatalities rose 15.8%, from 38 to 44 in 2019. Additionally, law enforcement personnel experienced an 18.6% increase, from 97 to 115 deaths in 2020. Pilots and flight engineers saw a decline in the fatal injury rate, dropping from 61.8 to 34.3 per 100,000 FTEs between 2019 and 2020. Notably, in 2013, fishermen and hunters had a high rate of 132.1 fatal work injuries per 100,000 FTEs.


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“In 2020, 71.4% of fishing and hunting fatalities stemmed from transportation-related events. However, transitioning to the broader impact reveals the true cost of work-related deaths. The overall monetary expenses extend beyond workers’ compensation.

Injuries from 2020, coupled with days lost in earlier years, contributed to the staggering 99,000,000 days lost in 2020. This underscores significant societal, employer, and economic repercussions. In essence, each incident, each life lost, contributes to a single fatality.


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Worldwide:

A staggering 65,000,000 days were lost in 2020 due to injuries. Notably, this estimate only considers time lost from disabling injuries throughout the year. However, it overlooks time on the day of the injury, along with additional medical care and follow-up appointments after the injured individual returns to work. Despite these complexities, the stark reality of Single Fatality is evident in the extensive days lost.


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Each fatality results in an average loss of 150 days. Additionally, permanent impairments include actual days lost plus productivity losses. In 2020, 34,000,000 days were lost due to injuries from prior years.

Looking ahead, the NSC estimates 50,000,000 more days lost due to 2020’s fatal workplace accidents and serious injuries, emphasizing the ongoing impact of a single fatality.


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Conclusion

The government bears a staggering cost for occupational injuries, totalling £2.02 billion in benefits payments and an additional £0.82 billion in lost taxes. Additionally, NHS treatment expenses amount to £0.65 billion. Regrettably, approximately 80% of government spending is directed towards workers with severe injuries or illnesses, preventing them from returning to work.

Transitioning to the broader impact, according to HSE figures, nearly a million workers in Great Britain endure occupational injuries or illnesses annually. This not only affects the individuals involved but also has profound repercussions on their families, employers, the government, and society at large.

These consequences ripple across various facets of life and the economy. A single fatality, in particular, resonates deeply, creating a ripple effect that extends far beyond the immediate loss. The far-reaching implications underscore the importance of prioritizing workplace safety and preventive measures to mitigate the human, societal, and economic toll associated with a single fatality.



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