The Value of Living

Jeffrey Miron,Peter Van Doren, andRyan BourneDuring pandemics, what economic costs associated with regulation should society tolerate to reduce health risks? Economists usually argue that the answer should be guided by the decisions we observe in labor markets in which individuals accept additional morbidity and mortality risk in return for higher compensation. Coal miners and construction workers, for example, are paid more than others with similar skills because they face higher statistical risk of injury and death on the job. A recent estimate of the Value of a Statistical Life (VSL) is $9 million, which implies that policies that reduce mortality risk are acceptable if the cost per life saved is $9 million or less.Regulatory economists routinelyevaluate health and safety policies in this manner. Some interventions, such as rules mandating that lighters be childproof, only cost $100,000 per statistical life saved and are thus highly cost effective, while OSHA regulations regarding formaldehyde exposure in the workplace cost $78 billion per statistical life saved, more than 1,000 times greater than the VSL estimate.So are lockdown regulations, such as mandating the closure of non ‐​essential businesses and issuing stay‐​at‐​home orders, cost‐​effective means of reducing COVID-19 mortality risk, like the childproof lighter regulations, or absurd overkill, like the formaldehyde‐​exposure rules? Recent papers use epidemiological models to estimate...
Source: Cato-at-liberty - Category: American Health Authors: Source Type: blogs

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MONDAY, July 6, 2020 -- In the wake of the coronavirus pandemic, anxiety and depression are striking many in the LGBTQ+ community for the first time, researchers say. " What I was hearing at the beginning of the pandemic was that people who were...
Source: Drugs.com - Daily MedNews - Category: General Medicine Source Type: news
The coronavirus pandemic has led to the practice of social distancing, creating feelings of stress and isolation in many of us. Some groups have been hit particularly hard, including the elderly, parents juggling work and child care, and people who have lost their jobs. Against this backdrop, many people have turned to volunteering to help make a difference, even at a distance. New research suggests that volunteers aren’t just helping the communities they serve. People who volunteer actually experience a boost in their mental health—good news at a time when more than a third of Americans are experiencing sympto...
Source: SharpBrains - Category: Neuroscience Authors: Tags: Cognitive Neuroscience Education & Lifelong Learning Health & Wellness anxiety depression mental health mental well being social distancing volunteering Source Type: blogs
Since the outbreak of the coronavirus disease 2019 (COVID-19) pandemic, most attention has focused on containing transmission of the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) and addressing the surge of critically ill patients in acute care settings. Indeed, as of 29 April 2020, over 3 million confirmed cases have been accounted for globally [1]. In the coming weeks and months, emphasis will gradually involve also post-acute care of COVID-19 survivors. It is anticipated that COVID-19 may have a major impact on physical, cognitive, mental and social health status, also in patients with mild disease presen...
Source: European Respiratory Journal - Category: Respiratory Medicine Authors: Tags: Original Articles: Correspondence Source Type: research
The COVID-19 pandemic has been stressful for all of us, and this includes our youngest children. It’s easy, and tempting, to think that infants, toddlers, and preschoolers aren’t affected by the pandemic. The truth is, though, that that life has changed for them, too — and for some of them it has changed dramatically. Even if the change is mostly positive for them — such as having their parents home all the time — it’s still a change that can be confusing and unsettling. Young children are less able to understand the nuances of all of this; for them, the world truly is all about them. An...
Source: Harvard Health Blog - Category: Consumer Health News Authors: Tags: Anxiety and Depression Behavioral Health Children's Health Parenting Source Type: blogs
AbstractThe Coronavirus Anxiety Scale (CAS) is among the first few published screening tools for assessing dysfunctional anxiety induced by the current COVID-19 pandemic. The CAS was translated into the Bangla language following the International Test Commission ’s guidelines for this adaptation study and placed in an online survey (N = 737, with a mean age of 26.55 (SD = 7.166 years) to assess the psychometric properties of the Bangla version of the scale. Results suggested that all items had a good item discrimination index and single-factor structure with good factor loadings. The ...
Source: International Journal of Mental Health and Addiction - Category: Addiction Source Type: research
Visaysha Harris had big plans when the coronavirus pandemic hit the United States. Her college graduation and a move to New York were about to mark the beginning of her new life.
Source: CNN.com - Health - Category: Consumer Health News Source Type: news
A CDC study shows a third of America has reported experiencing signs of anxiety and depression during the coronavirus pandemic. CNN's Sanjay Gupta reports.
Source: CNN.com - Health - Category: Consumer Health News Source Type: news
The novel coronavirus-2019 (COVID-19) pandemic has impacted significantly on many sectors globally, and has also impacted mental health of many individuals (Ahorsu et al., 2020; Tandon, 2020) and in greater numbers than those who are actually infected w...
Source: SafetyLit - Category: International Medicine & Public Health Tags: Age: Adolescents Source Type: news
Conclusion: This prospective, nationally based, a repeated cross-sectional study will describe the mental health status and psychosocial problems among health care workers and the general population in Thailand during the COVID-19 pandemic. Ethics and dissemination: Ethical approval for the study was obtained from the Faculty of Public Health and Faculty of Pharmacy, Chiang Mai University. The findings will be disseminated through public, scientific, and professional meetings, and publications in peer-reviewed journals. Thai Clinical Trials Registry (TCTR) registration number: TCTR20200425001.
Source: Medicine - Category: Internal Medicine Tags: Research Article: Study Protocol Clinical Trial Source Type: research
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Source: TIME: Health - Category: Consumer Health News Authors: Tags: Uncategorized COVID-19 Source Type: news
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