Long Covid Costs Australia Economy $3.6 Billion a Year: Report

Mon, 3 Oct 2022 11:51:13 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.bloomberg.com/news/articles/2022-09-10/long-covid-costs-australia-economy-3-6-billion-a-year-report>

"Long Covid is costing the Australian economy the equivalent of $3.6 billion a
year in lost output, the Australian Financial Review reported, citing an
exclusive data analysis.

Based on data from the country’s Treasury estimating some 31,000 workers called
in sick because of the condition in June, the analysis by think tank Impact
Economics and Policy found the economic cost came in at A$100 million ($68
million) a week, according to the AFR. That amounts to some A$5.2 billion on
an annual basis.

Australia has announced a parliamentary inquiry into long Covid, with the aim
of developing a clear definition of the illness and gauging the scale of its
impact on the country’s 26 million people. While most of those infected with
the virus fully recover, millions of others globally are seeing lasting
effects, from issues with breathing to neurological problems.

Governments are grappling to come to terms with the condition, which reflects
the pandemic’s ongoing impact despite most countries seeking to move on."

Via Violet Blue’s Pandemic Roundup: September 15, 2022
https://www.patreon.com/posts/pandemic-roundup-72004171

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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