20 September 2017
Cost to Canada of asbestos disease at $2.35 billion (Article RightOnCanada.ca: http://central.bcwebinc.com/%7Erightcan/?p=4051)
The annual cost of newly diagnosed mesothelioma and lung cancer due to work-related asbestos exposure is significantly higher than first thought, according to a study by the Canadian Institute for Work & Health (IWH).
According to figures provided by IWH, based on the 427 cases in 2011, the economic burden of work-related mesothelioma, broken down, includes:
- $23.2 million in total health care costs
- $117.8 million in productivity and output costs
- $36.8 million in all for insurance administration costs
- $482.3 million due to mesothelioma as an occupational disease.