Cost of a Single Fatality Up 60% Since 2010

Apr 22, 2023 | Business Insurance, Personal Insurance

In 2020, there were 4,764 fatal work injuries reported in the country, down 10.7% from the 5,333 in 2019. Today’s news came from the Bureau of Labor Statistics. It decreased from 3.5 per 100,000 full-time equivalent (FTE) workers in 2019 to 3.4 per 100,000 FTE in 2018. The Census of Fatal Occupational Injuries provided these statistics.

the 2020 Census of Fatal Occupational Injuries’ key findings


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

• In 2020, a worker would pass away from a workplace injury every 111 minutes.

• 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.

• 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).

• 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.

• 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, 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 and 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) represent lost wages or costs incurred because of fatal and nonfatal avoidable injuries. These cost estimates can be compared to other economic indicators like the gross domestic product, per capita income, and personal consumption expenditures to determine the economic impact of preventable injuries. The expenses don’t just apply to companies; they also reflect the impact on society. Work Injury Costs and Time Lost

Cost estimates from the National Safety Council (NSC) represent lost wages or costs incurred because of fatal and nonfatal avoidable injuries. These cost estimates can be compared to other economic indicators like the gross domestic product, per capita income, and personal consumption expenditures to determine the economic impact of preventable injuries. The expenses don’t just apply to companies; they also reflect the impact on society. Work Injury Costs and Time Lost


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Cost estimates from the National Safety Council (NSC) represent lost wages or costs incurred because of fatal and nonfatal avoidable injuries. These cost estimates can be compared to other economic indicators like the gross domestic product, per capita income, and personal consumption expenditures to determine the economic impact of preventable injuries. The costs, which do not explicitly apply to companies, represent the effect on society.


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332 people will die from work injuries between 2019 and 2020.

• From 38 in 2019, there were 44 fatalities in vocations supporting healthcare, a 15.8% rise.

Why Between 2019 and, fatal occupational injuries among law enforcement personnel increased by 18.6%.

From 97 to 115 in 2020.

• From 61.8 per 100,000 FTEs in, the fatal injury rate for pilots and flight engineers of aircraft.

2019 to 34.3 in 2020. 

• In 2013, there were 132.1 fatal work injuries for per 100,000 FTEs among fishermen and hunters.


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2020. 71.4 percent of the fatalities among fishing and hunting personnel were caused by transportation-related events.

The true cost of work-related deaths and injuries to the country, employers, and people is substantially more than the price of workers’ compensation insurance alone. Estimates of the overall monetary expenses of work-related fatalities and injuries are shown in the data above from the National Safety Council.

Injuries that happened in 2020 plus days lost because of injuries that happened in earlier years account for the 99,000,000 days lost in 2020.


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Worldwide:

Total 65,000,000 days were lost in 2020 because of injuries. This estimate includes the actual time lost due to disabling injuries over the course of the year, but it does not account for time lost on the day of the injury, time needed for additional medical care, or follow-up appointments after the injured individual returned to work.


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Deaths are counted at a loss of 150 days per case on average, and permanent impairments are counted as the actual days lost plus any productivity losses brought on by the impairment.

A further 34,000,000 days were lost in 2020 because of injuries that were permanently disabled in earlier years.

According to the NSC, 50,000,000 more days will be lost in the following years because of fatal workplace accidents and other serious injuries that happened in 2020.


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Around £2.02 billion in benefits payments and an additional £0.82 billion in lost taxes are the costs to the government. Additional NHS treatment expenses are £0.65 billion. Workers whose injuries or illnesses are so severe that they will never be able to work again account for about 80% of government spending.

According to HSE figures, nearly a million workers in Great Britain suffer an occupational injury or illness every year. These people, their families, employers, the government, and society at large may all suffer as a result.


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