Economic burden of lives lost due to COVID-19 in New York State
Publication: Journal of Comparative Effectiveness Research
Abstract
Aim: To examine the economic impact of lives lost due to the COVID-19 pandemic across New York State. Materials & methods: Death counts by age range and period life expectancy were extracted from the NYS Department of Health, NYC Department of Health and Mental Hygiene, and Social Security Administration website. Years of potential life lost and value of statistical life (VSL) were calculated. Results: The average years of potential life lost per person was 12.72 and 15.13, and the VSL was US$119.62 and 90.45 billion, in NYS and NYC, respectively. VSL was greatest in Queens and Brooklyn, followed by the Bronx, Manhattan and Staten Island. Conclusion: New York City, specifically Queens and Brooklyn, bore the greatest economic burden of lives lost across the state.
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Pages: 893 - 897
PubMed: 34060343
Copyright
© 2021 Future Medicine Ltd.
History
Received: 29 March 2021
Accepted: 10 May 2021
Published online: 1 June 2021
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Economic burden of lives lost due to COVID-19 in New York State. (2021) Journal of Comparative Effectiveness Research. DOI: 10.2217/cer-2021-0086
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