Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Cost of suicide to NZ nearly $1.4 billion a year

Hon Jim Anderton

Minister of Agriculture
Minister for Biosecurity
Minister of Fisheries
Minister of Forestry
Associate Minister of Health
Associate Minister for Tertiary Education

Progressive Leader

9 December 2005 Media release

Cost of suicide to New Zealand calculated at nearly $1.4 billion a year

Suicides and attempted suicides cost New Zealand nearly $1.4 billion in 2002 - the most recent year for which there are official suicide statistics - according to a report released today by Associate Health Minister Jim Anderton.

The report, The Cost of Suicide to Society, was written by Wellington School of Medicine and Health Sciences health economist Des O'Dea, and commissioned by the Ministry of Health to inform the development of a new New Zealand Suicide Prevention Strategy.

The report estimates the cost of the 460 suicides and 5095 attempted suicides in 2002 to total $1,381,492,000 - nearly $1.4 billion. Each suicide was estimated to cost a total of $2,931,250.

The report breaks down the total into economic and non-economic costs. Economic costs include services used in cases of suicide and attempted suicide, and production lost due to people exiting or being absent from the workforce. In 2002 the economic cost was $238,531,000.

However, the overwhelmingly higher component of the $1.4 billion is the non-economic cost. Based on Land Transport New Zealand's 'Value of a Statistical Life' calculation, the non-economic cost is the value society attaches to each life-year lost. In 2002 this was $1,142,400,000.

O'Dea puts the non-economic cost of each suicide at $2,483,000, and the economic cost at $448,250.

"Suicide costs society dearly. While the direct economic costs of suicide are not insignificant, they are dwarfed by the intangible costs - the loss to family and friends and the lost potential from lives cut prematurely short," said Mr Anderton

The O'Dea report updates and extends previous research carried out in 1995 by Coggan, Fanslow and Norton. The report constructs estimates of Disability-Adjusted Life-Years (DALYS) lost as a result of suicide or attempted suicide. Overall an estimated 19,218 potential future life years were lost due to suicides occurring in 2002.

The average economic cost of services (eg: ambulance, police, funeral, counselling) used per suicide is $10,200. The average economic cost of services used per attempted suicide (eg. health-care) is $3,750 (All figures are in 2004 dollars excl. GST).


Full report available at: www.moh.govt.nz/suicideprevention


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news