Times are tight in New York.
The new state budget provides $180,000 for the statewide awareness campaign that was part of Cynthia's Law...
While it's good news that some money is still appropriated, the initial proposal was $360,000. Now, it's roughly 75 cents per birth in NY State.
Hawaii just reported that the average cost of hospitalization for an infant who survives SBS is $80,000. Scheider Hospital just reported 6 SBS cases within the last six months: if the cost is comparable, that's $480,000 - just on Long Island.
One wonders why we count out pennies for prevention while spending thousands of dollars on the consequences.
Link to Hawaii DOH report to the Legislature on implementation of SBS program.
Shaking Kills: Instead Parents Please Educate and Remember - Shaken Baby Prevention
Showing posts with label cost benefit analysis. Show all posts
Showing posts with label cost benefit analysis. Show all posts
Wednesday, April 15, 2009
Saturday, July 19, 2008
The Washington Post reports that the EPA has updated its assessment of the value of a human life.
The estimated cost of implementing education nationwide ($10 per birth): $41,000,000
The net benefit: $7000,000,000 in savings, even before adding in the costs of prosecuting and incarcerating the perpetrators in those cases.
And before adding in the medical, rehabilitation and educational costs associated with a comparable reduction in the 600 to 900 cases a year where children survive with significant trauma that requires significant caregiving and results in physical and cognitive disabilities (especially learning disabilities that require 12 years of special education costs). Plus even greater costs for prosecution.
And before adding the costs of those children with unrecognized cases of inflicted injury - "mild TBI" - and the resulting costs of special education.
So, spend $41 million, save more than $1 billion.
Not a bad return on investment...
Let your congressional representative know that the SBS Prevention Act also makes compelling economic sense
Someplace else, people might tell you that human life is priceless. In Washington, the federal government has appraised it like a '96 Camaro with bad brakes.The Consumer Product Safety Commission isn't quite as impressed:
Last week, it was revealed that an Environmental Protection Agency office had lowered its official estimate of life's value, from about $8.04 million to about $7.22 million. That decision has put a spotlight on the concept of the "Value of a Statistical Life," in which the Washington bureaucracy takes on a question usually left to preachers and poets.
An example of this kind of analysis was used by the federal Consumer Product Safety Commission this year:So, let's see what the cost benefit would be if an effective hospital education for new parents was nationwide and reduced the estimated 300 SBS related deaths by 50%: using the lesser CPSC value, the benefit would be $750,000,000.
A proposal to make mattresses less flammable was expected to cost the industry $343 million to implement. But, a spokeswoman said, the move was also expected to save 270 people. The commission calculated that each life was worth $5 million, which meant a benefit of about $1.3 billion.
That was greater than the expense, she said, so the move made sense.
The estimated cost of implementing education nationwide ($10 per birth): $41,000,000
The net benefit: $7000,000,000 in savings, even before adding in the costs of prosecuting and incarcerating the perpetrators in those cases.
And before adding in the medical, rehabilitation and educational costs associated with a comparable reduction in the 600 to 900 cases a year where children survive with significant trauma that requires significant caregiving and results in physical and cognitive disabilities (especially learning disabilities that require 12 years of special education costs). Plus even greater costs for prosecution.
And before adding the costs of those children with unrecognized cases of inflicted injury - "mild TBI" - and the resulting costs of special education.
So, spend $41 million, save more than $1 billion.
Not a bad return on investment...
Let your congressional representative know that the SBS Prevention Act also makes compelling economic sense
Subscribe to:
Posts (Atom)