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Cost of accidents in the home soar
Wednesday November 3rd 2010
The cost of medical bills, time off work and benefits resulting from accidents in the home has doubled over the past 14 years to £45.6 billion, according to the Royal Society for the Prevention of Accidents (RoSPA).
As many as 2.7 million people require treatment in hospital every year after suffering an injury in the home, and the average cost for each casualty is £16,900, research for the safety charity found.
In 1996, when RoSPA last reported on home accidents, the estimated cost was £25.62 billion.
To guard against losing your income as a result of injury or illness, income protection insurance will pay out if you are unable to work for those reasons.
The figure is based on lost contributions to the economy, the value of avoiding the injury and the cost of medical and support services.
It does not include the 4,000 deaths every year caused by accidents in the home, which cost £1.61 million each.
Tom Mullarkey, RoSPA chief executive, said: "We have long known that more people are killed or injured in accidents at home than in any other setting and the multi-billion pound cost of these accidents is, quite simply, breathtaking and unacceptable.
"It is a sad fact that overall, accidental deaths have increased in recent years. Accidents typically associated with the home, such as falls, account for some of this rise."
Copyright © Press Association 2010
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