Estimating the full cost of workplace injuries.
While many studies estimate medical costs and lost wages from workplace injuries, few have estimated pain and suffering costs. This study develops a wage-risk model for railroad workers and estimates the total cost of on-the-job injuries. On average, the total cost of an on-the-job injury to a railroad worker in 1980 was between $19,500 and $22,500. These estimates are substantially higher than the sum of medical costs plus lost wages.
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Center for Economics Research, Research Triangle Institute, Research Triangle Park, NC 27709.
D000328:Adult; D003365:Costs and Cost Analysis; D006801:Humans; D008297:Male; D015233:Models, Statistical; D009784:Occupational Diseases / Q000191:economics*; D011890:Railroads; D012306:Risk; D014481:United States; D014947:Wounds and Injuries / Q000191:economics*